Tax Incentives

How can you map out and take advantage of all possible tax incentives? Count on BDO as your partner.

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Finance your growth with tax incentives

Developing your company requires certain investments, which in turn require financial resources. Quite some tax incentives, for both SMEs and large companies, could help you out: 

  • The innovation income deduction, which means that you do not pay taxes on a large part of your income from patents or software 
  • The investment deduction for certain investments: under certain conditions investment deduction can be converted into a tax credit, which will give you a financial boost sooner
  • The partial exemption from payment of withholding tax for researchers or shift and night work resulting in lower wage costs
  • Fiscal consolidation

Meeting the conditions to claim these tax benefits or detecting and correctly applying these incentives is not easy. That is why you should count on BDO. We will guide you through the entire process of mapping out tax incentives and taking advantage of them.

How BDO can help

Obtain the tax credits and deductions to which you are entitled and reduce your tax burden. 

Generate extra cash flow for your business. 

Limit and reduce the costs for innovation and job creation to stimulate your business growth. 

Tax incentives require a rigorous implementation and follow-up. You must meet special conditions and respect strict deadlines. The detection, validation, construction and security of the processes for these incentives require the necessary support, which BDO can offer. 

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Our Tax Incentives services

  • We will determine the patents and software potentially eligible on the basis of the legal conditions for applying the innovation income deduction. 
  • Our innovation engineer can also help you validate the innovative nature of your software and assist you in obtaining a BELSPO opinion confirming its innovative nature. 
  • When implementing the measure, we list all the income and expenditure associated with patents and innovative softwares. Our transfer pricing experts have all the skills required to set up one or more methodologies for determining the income associated with your company's innovation.  
  • Once it has been established that they can benefit from the favorable measure, many of our clients want to secure their position. Thanks to our close relationship with the tax authorities, we can help you to secure your advantage legally, in particular by submitting a request for a ruling by the Ruling Commission.  
  • The procedure for requesting an advance ruling is divided into different phases: the prefiling phase and the formal application phase. During the prefiling phase, a draft request for a ruling is discussed with the Ruling Commission. 
  • If there is a positive response to the prefiling procedure, the request is "simply" converted into a formal request for a ruling. In practice, the overall procedure extends over a period that may vary. In any event, it must be finalised before the deduction is applied to the tax return. 
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