The Research Tax Credit (Crédit d’Impôt Recherche or “CIR” in French) is a tax measure that allows companies to finance their R&D and innovation projects. To be eligible, the project has to push the state of the art further, i.e. the scientific and technical knowledge available at the beginning of the work.
The rates for the CIR provided for in Article 244 quater B of the French General Tax Code, in terms of research and innovation expenses incurred in operations located in Overseas départements, are increased. The rate is increased to 50% for research expenses and to 40% for innovation expenses. These rates apply to expenses incurred starting on January 1, 2015. In these particularly advantageous tax conditions, shouldn’t you be relocating your R&D centers to these Overseas départements?
Our departments are available to provide you with any additional information you may need and to assist you in structuring and/or optimizing your CIR dossiers.