This incentive is aimed specifically to SMEs that after conducting an approved Industrial Research or Experimental Development project would like to seek, obtain and validate patents and other intellectual property rights.
The tax credit may cover costs incurred in the 24 months after the R&D project was completed. The value of the tax credits will be based on:
- Þ costs preceding the grant of the right incurred for the preparation, filing and prosecution of the application of the right in the first legal jurisdiction.
- translation costs incurred in order to obtain or validate the IP right in other legal jurisdictions;
- costs incurred in defending the validity of the right during the official prosecution of the application and possible opposition proceedings.