Research, development and innovation (R + D + i) it is not just for big companies. Small and medium companies that want to break into the market and make your product or service does not become obsolete must focus on these activities.
On paper, the Spanish SMEs are the third most tax incentives for investment in R + D + i have Europe, according to the Organization for Economic Cooperation and Development (OECD). However, ignorance and difficulties have meant that aid companies receive only a third of the discounts they are entitled. In fact, only 9,600 companies of this group (out of more than a million people in Spain) investigated in 2013 and of these, only 2,300 applied deductions Corporation Tax.
In addition, organizations benefiting from the tax incentives the state can save money by discounting the expenditures on R & D and benefit from a discount on the price of Social Security.
As for investment, it is a tax support. Corporation Tax provides that the company may deduct 25% share of spending in the current year and 8% of expenditure on machinery, equipment and facilities.
As for the bonus Social Security, it is a no tax incentive 40% of the contribution for common contingencies for hiring research personnel.
Innovative SMEs, ie those that have an official recognized by the Ministry of Economy and Competitiveness or have a label stating its innovation will benefit both incentives certificate. However, they have no detailed opinion will have to choose one of them.
Profile of innovative SMEs
An SME that opts for innovation needed boost from the direction a body of knowledge, habits and values for further action. It is what is called business culture, which is expressed in a strategy (what and how they want to innovate), which is formalized in a planning process.
For the small and medium enterprises allocate resources to R & D, ie recognizing an operation, there need to be resources and people dedicated totally or partially to it, they are more or less defined processes and you have obtained minimal management tools.
Innovation must be assessed, it is necessary that SMEs have a clear awareness that is making a profit through this risky process. Thus, the company must consider how the R & D influences the improvement of products and services offered in the internal process efficiency and balance.