We Are Approved for the Innovation Tax Credit!

CII Approval

We are pleased to announce that we have just received approval for the Innovation Tax Credit (CII). This scheme, established by the 2013 finance law, complements the Research Tax Credit (CIR) and aims to support innovative companies.

What is the Innovation Tax Credit (CII)?

The Innovation Tax Credit (CII) is a tax incentive designed to encourage small and medium-sized enterprises (SMEs) to invest in innovation. It allows companies to benefit from a tax credit on expenses incurred to develop new products or improve existing products. This tax credit complements the Research Tax Credit (CIR), which is already well-known among companies investing in research and development.

What are the benefits of the CII?

The CII offers several significant advantages for companies:

• Cost reduction: Companies can benefit from a tax credit of 30% on eligible expenses, significantly reducing the cost of innovation.

• Encouragement for innovation: By reducing costs, the CII encourages companies to invest more in innovative projects.

• Support for SMEs: The scheme is specifically designed for small and medium-sized enterprises, providing crucial financial support to remain competitive.

Who can benefit from the CII?

• The CII is intended for SMEs that incur specific expenses to innovate. If you wish to develop innovative software, an application, or a web platform, you are eligible for the CII. Eligible expenses include:

• Personnel expenses directly related to innovation projects.

• Subcontracting expenses for research and development services.

• Intellectual property protection costs (patents, designs, and models).

• Operating expenses related to innovation projects.

How to benefit from the CII?

• To benefit from the CII, companies must:

• Identify eligible projects: Determine which projects meet the innovation criteria defined by the CII.

• Calculate eligible expenses: Identify and calculate the expenses incurred for these projects.

• Declare the expenses: Include the eligible expenses in the company’s annual tax return.

All information is available here: https://bpifrance-creation.fr/encyclopedie/aides-a-creation-a-reprise-dentreprise/aides-a-linnovation/cii-credit-dimpot