In addition to the investment deduction, the legislator stimulates investment in research and development in other ways. Successful innovations usually start with a thorough research and development process. In order to encourage such R&D activities, the legislator provides for a favorable measure that enables your company to recover a significant part of the R&D-related labor costs.
Research and development trajectory
For example, as an employer you can recover up to 80% of the withholding tax on the wages of employees who carry out R&D-related activities. Your company does not have to transfer this withholding tax to the Treasury, which results in recurring cash savings.
You can read more about it on this VLAIO page.
REQUIREMENTS TO MEET?
Diploma requirements do apply for these employees. PhD students, masters and bachelors can qualify for this favorable regime, in a broad spectrum of sectors. Furthermore, it is required to register these R&D related activities with BESLPO (the Federal Public Service for Science Policy).
HOW OUR ADVISORS CAN HELP YOU
VGD assists you in the application procedure, the administrative follow-up afterwards and offers support in the event of any tax audits. Contact our advisors for more information.