Tax credits and incentives can be a major driver of growth for businesses, supporting their innovation and R&D initiatives. They are available by city, state, province or nationally in most of the world’s jurisdictions. Our global team can assist you in identifying these programmes as well as other potential sources of financing. We can also help with submission of applications to tax and government authorities.
When it comes to investments and location selection, tax credits and incentives can often be a deciding factor. Governments around the world offer incentives to companies that elect to do business in their jurisdiction. Finding and securing such incentives often requires knowledgeable advice and technical guidance.
We have a global team that tracks the incentives offered by jurisdiction and industry, including those for innovation, research and development and capital investment. Following a proactive approach, we work closely with our clients throughout their tax year to access assistance programs and process tax credit applications in real time.
Tax incentives have become particularly vital amid the uncertainty triggered by Covid-19, which has led governments worldwide to expand tax incentive programs to cushion the economic impact. Our Covid-19 Global Tax and Law Tracker, launched at the onset of the pandemic, includes credit and incentives from 75 countries worldwide.
Our dedicated team of tax, legal and accounting professionals and engineers (industry specific) will guide you through the process of claiming available tax credits and incentives from the applicable governments and authorities. We advise on the incentives that are right for your business and its growth plans. Our national teams have extensive contacts with authorities in each of the jurisdictions in which we operate, as well as the expertise in compliance, reporting and local follow-up requirements needed to secure your benefits.
- Claim planning to maximise legitimate use of credits and incentives;
- Drafting applications, project descriptions and financial data summaries to support claims;
- Follow-up with local authorities to ensure benefits materialise.