R&D tax incentive
Do you want to use the tax facility for research and development (R&D)? PwC Romania can help you in the eligibility assessment process.
Functionalities
- Technical Evaluation: We identify eligible projects/activities/employees.
- Technical and financial justification: We perform qualitative technical justification and financial impact validation based on the certification procedure.
- Support in the certification process:
- Support in all stages for obtaining the expertise certificate;
- Assist in the preparation of complete supporting documentation for employee income tax exemption review;
- Designing new payroll processes to ensure compliance with applicable rules.
Find out if your company is eligible to access this facility and get an estimate of the tax deduction that may apply to you.
Benefits
- Additional deduction, in a ratio of 50%, of expenses incurred for research and development activities when calculating profit tax or tax credit in the amount of 10% of eligible research and development expenses that can be deducted from profit tax / minimum turnover tax.
- Application of the accelerated depreciation method in the case of apparatus and equipment intended for research and development activities.
- Income tax exemption for employees working in research and development projects.
- Profit tax exemption for taxpayers with exclusively research-development activities in the first 10 years of activity (currently not applicable in the absence of state aid measures).
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