Empowering the shift towards a more sustainable world
In the transition to a more sustainable economy, STREAM will support businesses through an integrated approach. Our support encompasses assessment and planning, training, strategic alignment with sustainability standards, comprehensive reporting, and continuous monitoring and improvement.
Our specialized consulting team, with extensive experience in environmental and energy topics, has already begun implementing these services in companies across sectors including molds, plastics, and services.
Did you know that investment projects can benefit simultaneously from both financial and tax incentives?
SIFIDE II is a tax incentive designed to support companies that incur expenses related to Research and Development (R&D) activities. This tax benefit allows companies to deduct up to 82.5% of their R&D related expenses from their corporate income tax (IRC).
What Are R&D Activities?
For the purposes of SIFIDE II, the following definitions apply:
"Research expenses" – expenses incurred to acquire new scientific or technical knowledge.
"Development expenses" – expenses resulting from the application of research or other scientific or technical knowledge to discover or significantly improve raw materials, products, services, or manufacturing processes.
Some Eligible Expenses Include:
Personnel expenses related to R&D activities
Acquisition of fixed assets used for R&D
Operating expenses
Expenses related to R&D audits
Costs associated with the registration, acquisition, and maintenance of patents
Expenses for demonstration activities arising from R&D projects
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The SIFIDE II application must be submitted via the SIFIDE/ANI platform (link) by May 31st of the year following the period in which the R&D expenses were incurred.
STREAM offers financial and tax advisory services to enhance your company’s fiscal efficiency, leading to significant tax savings.
