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TAX INCENTIVES FOR INNOVATION ACTIVITIES


YIC status (Young Innovative Enterprise)

This legal status is established by the finance law voted in 2004 and is dedicated to innovative Small and Medium Enterprises, provided that:

- They are real SME (staff < 250 employees, turnover < 40M€, annual balance sheet<27M€)
- They have existed for less than eight years
- Their R&D expenses exceed min 15% of their total expenses,
- Min 50% of their capital contribution are from physical persons.
- They are not resulting from a concentration, extension or transfer of pre-existing activities.

Through this status, you can benefit from

- Partial or total corporate income tax exemptions,
- Social security charge exemptions,
- Several tax incentives.




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