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R+D law on tax reduction for companies
Did you know that Chilean companies are entitled to a reduction of more than 50% of the first category tax when they invest in Research and Development (R+D)?
This is established by the R+D Law (Law No. 20,570), whose objective is to help improve the competitive capacity of Chilean companies and, in this way, increase the percentage of GDP that the country invests in R+D.
This tax incentive law allows for a reduction of up to 52.55% of the first category tax on resources allocated to research and development activities carried out with its own capabilities or by contracting a specialized center registered in the CORFO Registry.
Manifestations of intent to make use of the R+D Law and certification requests can be submitted to Corfo at any time of the year.
Looking for advice on applying for this benefit Write us!
We have a team of highly qualified professionals to support companies that require advisory services, development and implementation of innovation projects.
The Valparaíso Scientific and Technological Center (CCTVal) is part of the Registry of Corfo R+D Centers validated to access this benefit.
What kind of projects can you apply with us?
If you are looking to innovate and improve your operational processes, write to us at: email@example.com