Introduced in 2000 the R&D Tax Credit is a dynamic and stable scheme for supporting R&D investment in Japan. Today presented in 2 incentives for in-house & collaboration R&D, it works toward a local and global Open Innovation spirit.
A net tax credit up to 40% of corporate tax liability for large companies, and 60% for newly established R&D Ventures.
Up to 14% of eligible expenses can be deduced for Large companies, and 17% for SMEs.
Under the Open Innovation scheme, 30% of expenses for collaboration made with public entities and 20% for private entities can be deduced.