R&D expenses in a startup

Deduction

R&D expenses are immediately deductible (section 20a). In a company with no income - the loss is accumulated for future offset.

Grants

Innovation Authority grants: not taxable income. Grant-funded expenses are still deductible.

Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.