2017 Worldwide R&D Incentives Reference Guide

This guide describes available benefits, eligibility, the application process and IP jurisdictional requirements in 44 countries and provides an overview of the European Union’s Horizon 2020 program. Use the map or the menu to see the guide’s information for a jurisdiction.

This guide describes available benefits, eligibility, the application process and IP jurisdictional requirements in 44 countries and provides an overview of the European Union’s Horizon 2020 program. Use the menu to see the guide’s information for a jurisdiction.

 
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The pace at which countries are reforming their R&D incentives regimes is unprecedented. For some, this means introducing completely new incentives; for others, it means making incentives more generous in a bid to foster growth. And for many countries, it means targeting their incentives more tightly, focusing their limited funds more narrowly on those sectors and activities they think will provide the greatest levels of support to their long-term goals.

Taxpayers need a current guide such as the Worldwide R&D Incentives Reference Guide in such a shifting tax landscape, especially if they are contemplating new or expanded investments in R&D. The content is straightforward. Chapter by chapter, we summarize key R&D incentives in 44 jurisdictions, as well as provide an overview of the European Union’s Horizon 2020 program.

The content is current as of 1 January 2017, unless otherwise indicated in the text of the chapter.

Each chapter contains contact information for the key R&D incentives professionals in that country’s EY offices. We then lay out a short overview of that country’s approach to incentivizing R&D activity and provide a checklist showing which types of incentives are available. Where an incentive is most commonly referred to in local language, we have provided a translation. In many cases, our professionals indicate which incentive they believe provides the highest level of value to applicants.

For each incentive, we list the following information:

  • Description of benefits
  • Guidelines around incentive applications
  • Eligibility requirements
  • IP and jurisdictional requirements
  • Role of governmental bodies in administering the incentive
  • Administrative requirements
  • Any statutory references

The Worldwide R&D Incentives Reference Guide is published alongside three companion guides on broad-based taxes: the Worldwide Corporate Tax Guide, the Worldwide Personal Tax and Immigration Guide and the Worldwide VAT, GST and Sales Tax Guide. In recent years, those three have been joined by additional tax guides on more specialized topics, including the Worldwide Estate and Inheritance Tax Guide, the Worldwide Transfer Pricing Reference Guide, the Global Oil and Gas Tax Guide, the Worldwide Digital Tax Guide and the Worldwide Capital and Fixed Assets Guide.

Each guide represents thousands of hours of tax research. The entire suite is available without charge online, along with timely Global Tax Alerts and other insightful publications on ey.com or in our EY Global Tax Guides app for tablets.

Keep up with the latest updates at ey.com/GlobalTaxGuides, and find out more about the app at ey.com/TaxGuidesApp.

This material has been prepared for general informational purposes only and is not intended to be relied upon as accounting, tax, or other professional advice. Please refer to your advisors for specific advice.