"We support private and public sector players by leveraging our unique expertise in all areas of public funding. Financing your project is a major challenge: what if we overcome it together?
Our tax experts can help you make the most of your research and innovation efforts. We can help you navigate the many local and international tax systems to make your tax scheme a strategic asset in your innovation process.
Introducing something new, providing a new way of satisfying a need – that’s how we might define Innovation.
In France, innovation plays a significant role, making essential contributions in many sectors (ranked 11th in the Global Innovation Index 2023).
In this respect, tax incentives are essential tools for stimulating and supporting dynamics of innovation. They represent a strategic commitment by the State to (i) encourage the quantity and quality of research and innovation output within our economy and (ii) strengthen interactions between academic institutions and businesses to improve the circulation of knowledge and know-how.
By easing the financial constraints on the R&D work already undertaken, these measures will let businesses to focus fully on their ability to innovate, thereby guaranteeing sustainable growth and France’s competitiveness on the international stage.
Since our creation, more than 99.5% of tax credit applications that have followed our methodology and recommendations and been verified by the authorities have been successful.
The RTC/ITC referencing label, run by the French Business Ombudsman, is a guarantee of confidence and competence in the field of Research Tax Credit and Innovation Tax Credit consultancy. This label illustrates our commitment to the highest standards in innovation consulting.
To obtain the label, a rigorous set of criteria must be met, as defined by a committee made up of representatives of consultancy firms, client companies and the authorities. Our assessment by the Business Ombudsman confirmed our technical and fiscal expertise in the field, as well as our ability to continually adapt to changes in the environment and regulations.
This listing demonstrates our commitment to providing the highest quality consultancy services, always in line with the latest developments and requirements in the sector. By choosing FRS, you can be assured of a reliable and proven partnership rooted in excellence and innovation.
The Research Tax Credit (RTC) is an essential funding tool for innovative companies. It is calculated on the basis of R&D expenditure incurred by the company during the calendar year, regardless of the closing date (30% of R&D expenditure for an initial tranche of up to €100 million).
The Innovation Tax Credit (ITC), intended solely for SMEs, is designed to support companies that incur specific expenditure to innovate.
Finance Act 2022 introduced the R&D Tax Credit for Collaborative Research to encourage R&D in partnership with research centres.
RTC accreditation is designed to ensure the organisation requesting it has the R&D capabilities to act as a service provider on behalf of third parties. Thus, it provides companies subcontracting work with the ability to claim subcontractor expenses in their RTC.
The Young Innovative Company (YIC) and Young University Company (YUC) schemes represent key tax opportunities for start-ups involved in research and development. They offer tax and social security relief, calculated based on the company's R&D expenditure, thereby encouraging innovation and the growth of young companies in France.
The IP Box is a tax relief scheme that offers a reduced corporate tax rateon profits derived from qualifying intellectual property, such as patents and copyright. It aims to encourage innovation and research by rewarding companies that invest in the development of new technologies and solutions.
For over a decade, FRS has been helping companies all over the world to finance their innovative R&D projects through the management of R&D tax incentives.
The Artistic Crafts Tax Credit (CIMA, for Crédit d'Impôt Métiers d'Art) is a French fiscal measure designed to financially support artisanal businesses in their creative and innovative endeavors. Its goal is to encourage the development and creation of original works in the artistic crafts, thereby strengthening French craftsmanship and excellence.