Thanks to this tax credit scheme, expenditures from French Companies in outsourced R&D services can be deducted from corporate income tax. To offer this advantage to clients, the outsourced company has to be certified by the French Ministry for Higher Education and Research.
The Department of Higher Education and Research in France has approved Electric Ant Lab as an organization performing research and development work (R&D) on behalf of companies. The Research Tax Credit approval recognizes EAL’s capacity to conduct R&D that is eligible under the research and development tax credit scheme (CIR). Thanks to it, our French customers may allocate invoices relating to R&D work to their CIR tax allowance.