The Ministry of Higher Education and Research has just granted Extractis the renewal of its Research Tax Credit approval for the next 5 years (until 2026).
The Research Tax Credit (RTC) is, in France, a tax reduction calculated on the basis of research and development expenses incurred by companies. It is deductible from the income tax or corporation tax due by companies for the year in which the expenses were incurred.
Our clients can therefore deduct 30% of their R&D expenses incurred with us. The validation of processes at different scales (from the laboratory to the industrial pilot), the optimisation of extraction parameters, the scale-up of an existing process or a drying test are all operations for which 30% of the costs are eligible for the CIR.