Located in Germany? Use the German R&D tax allowance scheme

About the German Research Allowance Act

The German Research Allowance Act in short:

• All basic research, industrial research and experimental development projects can qualify for this type of funding.
• The funding amounts to 25% of
  • The labour costs of your involved R&D staff, and

• • The costs of outsourced R&D work (60% of those costs are eligible)

This up to € 2,000,000 in total costs, resulting in a maximum Forschungszulage (tax allowance) of € 500,000 per financial year.

• Applications can be submitted later this year (exact date yet to be announced) with retroactive effect from January 1, 2020.

+3000 R&D tax allowance applications per year

PNO is a specialist in such funding schemes. Based on our extensive R&D tax allowance experience in other EU countries (we file approximately 3.000 R&D tax allowance applications per year for our clients, with a success rate of more than 95%), we consider it highly likely that your R&D projects will also be eligible.

Act now and set up a project and your project organization and administration according to the specific requirements so that an optimal tax allowance can be secured later this year.

If you are interested in this opportunity, please contact our team in Germany.