R&D tax incentive

R&D

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.

 

Benefits

  • Additional deduction, in proportion of 50%, of expenses incurred for research and development activities.
  • 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).

If you are interested in the PwC R&D solution, contact us here. Our experts will be back soon.

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