Experimental Development is the acquiring, combining, shaping and using of existing scientific, technological, business and other relevant knowledge and skills for the purpose of producing plans and arrangements or designs for new, altered or improved products, processes or services. These may also include, for example, other activities aiming at the conceptual definition, planning and documentation of new products, processes and services. The activities may comprise producing drafts, drawings, plans and other documentation, provided that they are not intended for commercial use.
Experimental Development projects may receive tax credits on:
- Wages of researchers and technicians;
- Depreciation costs of instruments and equipment;
- Costs of material, supplies and similar products, bought specifically for the research project;
- Subcontracted research;
- Costs incurred for the purchase of technical knowledge and patents.
The tax credit percentage is related to the size of the enterprise. Additionally bonuses are provided to enterprise participating in collaborative projects with other industry partners or research organisations.