Login to your account

Username *
Password *
Remember Me

Our Offer

FRS accompanies you in the construction of your innovation projects

Innovation Tax Credit

Innovation Tax Credit

The 2013 Financial Law extended the scope of the Research Tax Credit (CIR) to Innovation work. The objective of the Innovation Tax Credit (CII), intended only for SMEs, is to support companies that have specific expenses for innovation.

The Innovation Tax Credit (Crédit Impôt Innovation, CII), is deductible from Income or Corporate taxes to be paid for the year during which the expenditures were made. It applies to tax credits based on expenses incurred as of January 1, 2013.

The Innovation Tax Credit is 20% for expenditures up to EUR 400,000 per year, which is a maximum CII of EUR 80,000 per year.

Which companies are eligible?

The companies eligible for Innovation Tax Credit are those which satisfy the definition of micro, small and mid-size companies as defined in Annex 1 of (EU) Commission Regulation n° 800/2008 from August 6, 2008, and namely:

  • An entity, regardless of its legal form, which has an economic activity
  • Companies which have less than 250 employees and which the annual revenue does not exceed EUR 50 million or which the balance sheet total is not greater than EUR 43 million

What is Product Innovation ?

Only Product Innovation is eligible. Innovation of services, procedures, organisation and commercialisation are not accepted. A new product is a tangible or intangible good which satisfies both of the following conditions :

  • It distinguishes itself from previous or existing products by superior performances either on the technical side, the eco-design, its ergonomics or features.
  • At the beginning of the innovation project, it is not yet available on the common market.

Which expenses are eligible?

The expenses concerned by the CII are those for prototype conception or pilot installation operations for new products. A prototype is an original model which has all of the technical qualities and features of the new product or procedure. The pilot installation is the set of equipment or devices which allow a product or a procedure to be tested on a scale or in an environment similar to that of the real industrial world. Within this scope, the eligible expenses are as follows:

  • Personnel costs
  • R&D sub-contracting expenses
  • Patent fees
Read 4114 times Last modified on 01 July 2017

Call for audit

FRS Consulting - Audit expert gratuit

You have current or planned projects and would like to determine their profile in terms of Innovation? Contact us to ask for our expert opinion!

Contact FRS

Other measures

  • Research Tax Credit
    Research Tax Credit The French Research Tax Credit (Crédit d’Impôt Recherche, CIR) is a fiscal measure designed to aid companies’ Research & Development…
  • Eurostars
    Eurostars This program supports collaborative European transnational projects, without a specific theme, carried out by SMEs which strongly invest R&D. Its…
  • Fast Track to Innovation
    Fast Track to Innovation This new European financing tool for collaborative, near-market projects (with partners) supports R&D work and innovation which will lead to…

Who we are

Our team, passionate about innovation, accompanies you in finding the necessary resources to realise your innovative projects in France and Europe.


Together, make sense of funding for innovation

Newsletter

Twitter

Contact us


  This email address is being protected from spambots. You need JavaScript enabled to view it.