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RIC group has renewed its CIR (Credit d’Impôt Recherche) certificate until 2026

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The research tax credit (CIR) is a tax system to support the research and development (R&D) activities of companies in France like industrial, commercial and agriculture enterprises, without restriction of sector or size. It aims to encourage companies to develop their research and development activities by providing them with tax assistance.

When doing business with RIC you can benefit from the CIR by deducting the R&D expenses from your tax under certain conditions.

To be eligible for the CIR, expenditure must correspond to research operations located within the European Economic Area (EEA): Austria, Belgium, Bulgaria, Cyprus, Croatia, Denmark, Spain, Estonia, Finland, France, Greece, Hungary, Ireland, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Norway, Netherlands, Poland , Portugal, Czech Republic, Romania, Slovakia, Slovenia, Sweden, except for technological watch and patent defense expenses. They must also have been used to determine the taxable result for income or corporate tax.

More information can be found here.

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