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Global Tax and Legal | October 2014
Grants & Incentives program updatesThe latest legislative developments from around the world
This update provides a summary of the latest developments affecting Grants & Incentives and Research & Development programs. For more information, please contact the local partner of the respective program directly.
EU
Czech Republic
Germany
The Netherlands
Poland
Portugal
Thailand
For more information
Countries included
European Industrial Doctorates (EIDs) aim to train highly-skilled researchers and stimulate entrepreneurship, creativity and innovation in Europe. Each EID is composed of at least two beneficiaries established in two different Member States or Associated Countries. At least one beneficiary must be entitled to award doctoral degrees and at least one beneficiary must come from the non-academic sector, primarily enterprise. Each participating researcher must be enrolled in a doctoral program and spend at least 50% of their time in the non-academic sector.
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EU
Type of incentive
Scheme budget
Tel no.
Contact name
Deadline
Cash grant
€25 million
+44 2920 264325
Steve Conibear
13 January 2015
EUMarie Sklodowska-Curie Innovative Training Networks (ITN)—European Industrial Doctorates (EID)
Discussions are currently being held by Czech authorities to increase support (from €7,260 to €10,890 per job) for investors who create new jobs as part of investments in supported regions; to introduce type I regions (newly defined economic zones), where the exemption from real estate tax for a period of 10 years will apply; and to reduce the minimum requirement for the number of newly created jobs (which is one of the general conditions given by the Investment Incentives Act) by software development centers (from 40 to 20) and shared service centers (from 100 to 70).
Czech Republic Amendment to the Act on Investment Incentives
Type of incentive
Scheme budget
Tel no.
Contact name
Deadline
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Investment incentive
Not applicable
+420 246 042 108
Luděk Hanáček, Director, Tax
Second half of 2015
Scheme budget
Tel no.
Contact name
Deadline
Type of incentive
+49 0 89 29036 7340 or +49 0 89 29036 7394
Oliver Hasse, Senior Manager or Teresa Stahl, Professional
Submission of project outline (first step): 2 March 2015 and 1 March 2016
Non-repayable cash grant to a company or a consortium
Germany—Chemical Industry, metal production industry, materials and ceramics industry, manufacturing r+impulse - Innovative Technologies for Resource Efficiency
This R&D scheme focuses on the transfer of R&D results into innovation. It can support prototype and demonstration projects on the following topics:
• Increase in material and energy efficiency especially in resource intensive production processes • Return of high quality material fractions from waste• Recycling and substitution of economically strategic raw materials• Further use-as-material of CO2 for chemical production and energy storage
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[email protected] or [email protected]
• No overall budget published• For companies up to 25% of eligible costs can be funded• For universities and research institutions up to 75% of eligible costs can be
funded
Scheme budget
Tel no.
Contact name
Deadline
Type of incentive
+49 0 89 29036 7340 or +49 0 89 29036 7394
Oliver Hasse, Senior Manager or Teresa Stahl, Professional
Submission of project outline (first step): 14 November 2014
Non-repayable cash grant to a consortium of German and American companies and research institutions
Germany—Computational Neuroscience Funding initiative Germany - USA “Cooperation in Computational Neuroscience”
This R&D scheme aims at bundling resources and infrastructure from systems biology, bio informatics and toxicology to develop 3R-(Replacement, Reduction, Refinement) based research. Funded projects should generate scientific advances regarding the understanding of toxicological processes in the human body while developing and using new 3R-based research methods.
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[email protected] or [email protected]
From €70,000 up to €180,000 per year per project as non-repayable cash grant (project duration of up to 3 years expected) • For companies up to 50% of eligible costs can be funded• For universities and research institutions up to 100% of eligible costs can be funded
Type of incentiveNon-repayable cash grant to a consortium of at least three partners: A German and a Dutch research institution and one company from any of the two countries
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Germany—Systems biology, bio informatics, toxicology Funding initiative Germany - Netherlands “InnoSysTox - Innovative system toxicology as alternative to animal testing”
This R&D scheme aims at bundling resources and infrastructure from systems biology, bio informatics and toxicology to develop 3R-(Replacement, Reduction, Refinement) based research. Funded projects should generate scientific advances regarding the understanding of toxicological processes in the human body while developing and using new 3R-based research methods.
Tel no. +49 (0) 89 29036 7340 or +49 (0) 89 29036 7394
Email [email protected] or [email protected]
Contact name Oliver Hasse, Senior Manager or Teresa Stahl, Professional
Deadline Submission of project outline (first step): 16 December 2014
Scheme budget
Up to €750,000 per project as non-repayable cash grant (project duration of up to 3 years expected) • For companies up to 50% of eligible costs can be funded• For universities and research institutions up to 100% of eligible costs can be funded
In September, it is announced that the Tax Plan 2015 includes the continuation for Promoting Research and Development Act (WBSO) and the Research and Development Allowance (RDA).
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The Netherlands WBSO and RDA 2015
Tel no. +31 6 53598445
Email [email protected]
Contact name Kees Tuinenbreijer, Senior Manager
Type of incentive
Fiscal tools and incentives to stimulate the pursuit of R&D by companies in the Netherlands: the wages costs through the WBSO and remaining R&D costs and expenses through the RDA.WBSO and RDA do not apply to universities and knowledge centers.
DeadlineAnnually, three applications for an R&D declaration may be filed for a period of 3 to 12 months per application.
Scheme budget
The WBSO percentages for 2015 are similar to those of 2014: the tax rebate for R&D 2015 amounts to € 794 million.The RDA rate will also remain at 60%: the tax deduction of all costs and expenses directly attributable to R&D amounts to € 238 million.
Program aimed at financial support of scientific entities and SMEs in the process of applying for European and international patent protection of one or more inventions. Moreover, the aid can be used to cover the costs of preparation of economic and technical analyses and invention commercialization strategies. The support can only be granted for applying for patent protection on a scale larger than Poland. The maximum grant value is PLN 800,000 (ca. € 190,000).
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Poland Patent Plus
Scheme budget Fund allocation for the current call is PLN 10 million (ca. €2.4 million)
Tel no. +48 (0) 22 511 00 65 or mobile : +48 (0) 606 913 213
Email [email protected]
Contact name Magdalena Burnat-Mikosz, Partner
Type of incentive Cash grant
Deadline 5 November 2014
Scheme budget No overall budget published
The promotion of the export base incentive scheme is intended to stimulate the widening of the regional economy’s export base, fostering investment projects directed towards external markets, in agrifood, marine economy, manufacturing industries, tourism, digital economy, creative industries, logistics, or other activities which result in the production of tradable goods and services.
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Portugal—Autonomous Region of the AzoresIncentive scheme for the promotion of the export base
Tel no. +351210427527
Email [email protected]
Type of incentiveNon repayable cash grant from 30% to 40% (depending on the island where the investment is made) of the eligible expenses, increased by a repayable cash grant of 25%.
Deadline Not available
Contact name Sérgio Paulo Oliveira, Partner
Deadline Not available
Portugal—Autonomous Region of the AzoresIncentive scheme for local development
The local development incentive scheme is intended to support investment projects aimed at modernizing existing establishments, fostering internal market and the expansion of regional businesses’ production.
Tel no. +351210427527
Contact name Sérgio Paulo Oliveira, Partner
Type of incentiveNon repayable cash grant from 15% to 50% (depending on the investment amount and the island where it is made) of the eligible expenses, which may be increased, in determined circumstances, by a repayable cash grant of 25%.
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Scheme budget No overall budget published
Email [email protected]
The qualification and innovation incentive scheme is intended to promote innovation in regional companies through the production of new or improved goods and services, new production methods, organizational models or marketing strategies, which increase the ability of regional businesses for creating added value, and the strengthening of the outer-market focus.
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Portugal—Autonomous Region of the AzoresIncentive scheme for qualification and innovation
Scheme budget No overall budget published
Tel no. +351210427527
Contact name Sérgio Paulo Oliveira, Partner
Type of incentive Non repayable cash grant of 50% of the eligible expenses
Deadline Not available
Email [email protected]
Scheme budget No overall budget published
Tel no.
Contact name
Deadline
Type of incentive
+351210427527
Sérgio Paulo Oliveira, Partner
Not available
Non repayable cash grant of 85% of the eligible expenses
The business efficiency incentive scheme is intended to promote the competitiveness of regional businesses, as a whole or on a specific sector or group of sectors, fostering projects for collective actions of business efficiency, or clustering.
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Portugal—Autonomous Region of the AzoresIncentive scheme for business efficiency
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The business efficiency incentive scheme is intended to revitalize businesses in urban pre-determined areas, through an integrated strategy, based on the cooperation between companies, business associations and municipalities.
Scheme budget No overall budget published.
Tel no.
Contact name
Deadline
Type of incentive
+351210427527
Sérgio Paulo Oliveira, Partner
Not available
Non repayable cash grant from 55% to 65% (depending on the island where the investment is made) of the eligible expenses
Portugal—Autonomous Region of the AzoresIncentive scheme for integrated and sustainable urbanism
Scheme budgetN/A (for BOI promoted projects, generally, require a minimum of THB1 million investment, excluding land and cost of working capital, subject to the new policy to be announced.
Tel no.
Contact name
Deadline
Type of incentive
+66 (0) 2676 5700 Ext. 5015 or Ext. 11231
Cameron McCullough (Legal Partner) or Poljun Divari (Legal Director)
The new investment strategy will tentatively come into effect in 2015. Applications submitted this year will receive incentives according to the existing policy.
Tax (e.g. CIT and import duty exemption etc.) and non-tax incentives (e.g. land ownership, work permits etc.)
The new strategic direction of the BOI is to:
• Prioritize investment promotion for 10 main industries e.g., basic infrastructure and logistics, automotive and other transport equipment etc.
• Grant merit-based incentives instead of sector-based • Abolish zone-based incentives and focus on “industrial clusters”• Enhance facilitation through non-tax incentives;• Promote investment, inbound and outbound; and• Set clear KPIs to evaluate the benefit and cost-effectiveness of investment promotion
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[email protected] or [email protected]
Thailand Board of Investment (BOI) draft Five-Year Investment Promotion Strategy
Global grants and incentives workshop
On November 14, 2014, the Deloitte global network of R&D and Government Incentive experts is gathering in Rome.
This series of private company workshops is focusing specific countries or topics of interest to help determine how incentives can help drive business value.
Meeting with Deloitte country specialists can provide you with opportunities to gain a greater understanding of the available incentives, the environment in which they are offered, and their relevance to your business.
There are a few spots remaining and attendance is free of charge. If you are interested and would like more information, please contact Alistair Davies or your regular Deloitte contact.
Alistair DaviesDirector, Deloitte [email protected]+44 2920 264272
For more information
For more information on any of the programs listed above, please contact the in-country representative or your usual contact.
For further information on how Deloitte can assist with available grants and incentives please contact:
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Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in more than 150 countries and territories, Deloitte brings world-class capabilities and high-quality service to clients, delivering the insights they need to address their most complex business challenges. Deloitte’s more than 200,000 professionals are committed to becoming the standard of excellence.
This communication contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively, the “Deloitte network”) is, by means of this communication, rendering professional advice or services. No entity in the Deloitte network shall be responsible for any loss whatsoever sustained by any person who relies on this communication.
© 2014. For information, contact Deloitte Touche Tohmatsu Limited.
Natan Aronshtam Global Managing Director—R&D and GI, [email protected]+1 416 643 8701
Alistair Davies Director, Deloitte [email protected]+44 2920 264272
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