SIFIDE aims to increase the company’s competitiveness by supporting Research and Development (R&D) permitting for deduction of incurred expenses (including Human Resources) regarding projects and respective activities, concerning IRC Tax Collection.
This benefit allows to recuperate for up to 82.5% of R&D investments, on the amount that has not been co-funded by the State through non-refundable funding:
- Base Rate – on the amount of total expenditure on R&D in the current year – 32.5%.
- Incremental Rate – 50% of the increase in expenditure in relation to the average of the two previous financial years (maximum of €1,500,000.00).
In the case of SMEs that have been in business for less than two years and have not benefited from the Incremental Rate, a surcharge of 15% is applied to the Base Rate (47.5%).
Who can apply?
IRC taxpayers resident in Portugal whose main business is of an agricultural, industrial, commercial or services nature and non-residents with a permanent establishment in that territory, who have incurred R&D expenses and who have been recognised by the Agência Nacional de Inovação, S. A. as being of good repute in terms of research and development.
Relevant Investments:
- Acquisitions of tangible fixed assets, acquired as new, and directly assigned to the R&D activities;
- Expenditure with personnel, directly involved in tasks of research and development;
- Expenditure with the participation of leaders and staff management of R&D institutions;
- Operating expenses, up to a maximum of 55 % of personnel expenditure;
- Expenditure with the hiring of research and development activities to public authorities, to entities benefiting from the status of public utility or to entities whose reputation in the area of research and development is recognized;
- Expenditure with the registration and maintenance of patents;
- Expenditure with the purchase of patents, mainly assigned to the performance of R&D activities (SMEs only);
- R&D audit costs;
- Expenditure with demonstrations connected with supported R&D projects.
- Participation in the capital of R&D institutions and contributions to public or private investment funds intended to finance mainly R&D companies.
