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.