Tax Benefits for Science, Technology and Innovation Investment
Minciencias (Colombia)
Income tax discount of 30% of the amount invested, or a tax credit of 50% of the investment
Companies that invest in qualified R&D and innovation projects can discount 30% of the investment from income tax (up to 30% of tax payable, carry-forward four years) or take a tax credit of 50% of the certified investment.
- Eligibility
- Companies running science, technology and innovation projects in alliance with an actor recognised by Minciencias, under criteria set by the National Council of Tax Benefits (CNBT). The tax credit is open to micro, small, medium and large companies.
- Available in
Colombia- Details
- Tiers, how to apply, what to watch out for and sources are free with an account.
