Enhance the value of your intellectual property with IP Box
Achieve tax savings to finance and accelerate your R&D and innovation projects! Since the 2019 Finance Act, companies that develop their intellectual property assets in France benefit from a reduced IS rate of 10%.
Eligibility criteria for IP Box
Eligible assets - Developed :
Protected inventions by filing a patent
Of protected plant species by depositing a plant variety certificate (COV)companies in the agri-food sector and in particular seed companies, are potentially affected by the IP Box,
Industrial manufacturing processes essential for patent implementation
Of original copyrighted softwareis the major innovation of the 2019 Finance Act, companies in the digital sector can benefit from this tax advantage, which was previously unavailable to them,
Finance Act 2019
Since the 2019 Finance Act, companies that develop their intellectual property assets in France have been favored thanks to the IP Box tax scheme. They can now benefit from a reduced rate of corporation tax at 10% on their income from assets according to precise eligibility criteria.
To be eligible for the IP Box, the company must be subject to corporate income tax, have developed eligible assets and generate income from the sale, assignment or sub-assignment of these assets (e.g. sale of a patent, assignment or sub-assignment of a license).
A new system that requires specialized expertise
The documentary obligation covers
Implementing the IP Box requires rigorous documentation to secure your declaration.
- Demonstrate the eligibility of selected intellectual property assets
- Link R&D expenditure to the asset concerned
- Justify the breakdown of R&D expenditure and revenues generated
- Establish the Nexus ratio according to the applicable calculation methods
- Coordinated financial, tax and scientific expertise
The IP Box is an optional tax scheme, and its implementation involves a documentary obligation to demonstrate the eligibility of the intellectual property assets selected, to make the link between the R&D expenditure incurred and the asset concerned, and above all to justify the breakdown of R&D expenditure and the income generated.
As the system is relatively recent, an excellent knowledge of tax doctrine and calculation methods (in particular the Nexus ratio) is required to ensure that your declaration is secure. As with Research and innovation tax credits (CIR / CII)financial, tax and scientific expertise are essential.
Our legal and tax experts keep a constant watch on new tax developments relating to IP Box (legislation, case law, administrative doctrine).
To structure and secure your IP Box and support your intellectual property strategy
G.A.C. Group has built up a unique consultancy offering for companies - from start-ups to large groups in all sectors - aimed at structuring and securing this tax advantage for innovation.
Thanks to a combination of scientific, tax, accounting and legal expertise, we can offer you comprehensive or customized support to help you integrate the IP Box into your R&D and innovation tax strategy.
Helping you finance your projects to make a greater impact on society and support your growth is a daily commitment for our experts.
Audit
Diagnosis and analysis
Define the intellectual property assets eligible for the reduced tax rate.
Valuing
Costing and optimization
To secure
Justification
What you gain with IP Box support
A map of your portfolio of eligible assets.
A decision-making tool to help you implement your intellectual property strategy.
Strengthen your financial capacity through tax savings.
Training for your teams to help them develop their skills in best practices for structuring your tax strategy to support innovation.
To control the management your IP Box
All necessary information and documents are centralized on MyGAC: our secure, collaborative platform for efficient management of your IP Box. All data is stored in France, to ensure seamless security of your technical and financial documents.
In addition to its «electronic document management» functionality, MyGAC provides a 360° view of the mission through a dashboard that enables :
Complete visibility on the progress of your IP Box mission.
Access to KPIs with automated updates to control your device in real time.
Decision-making maps for the eligibility of your intellectual property assets.
G.A.C. Group in figures
Enhance the value of your intellectual property with IP Box
G.A.C. draws on its industry experience to help you implement your projects. Our multidisciplinary team of engineers and PhDs has been advising and supporting you for over 20 years.
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