Innovationbox

Any organization that demonstrates sufficient investment in research and development (R&D) or optimization of existing products/processes can apply for the Innovation Box. However, before utilizing this scheme, it’s crucial to carefully assess whether it offers financial benefits to your organization.

The Innovation Box is a tax scheme in the Netherlands designed to stimulate innovative companies by providing tax benefits. Companies that qualify for the Innovation Box pay reduced corporate tax on profits derived from innovative activities.

For the 2024 Innovation Box rate, you pay only 9% corporate tax on profits directly attributable to innovative products, projects, and services, instead of the standard 25.8%. This significant reduction can enhance your ability to invest and accelerate R&D processes.

The Innovation Box is implemented by the Tax Authorities. When assessing the applications, among other things: looked at how great the influence of WBSO innovations is on the profitability of the company. You can also contact us for help with the WBSO grant application.

Applying for the Innovation Box is a complex process, in which the profit resulting from innovation must be calculated using a chosen allocation method. We therefore advise you to hire an experienced advisor to guide you during this process.

Conditions established are:

• AWBSO decision;
• Depending on the turnover size or industry, a patent may or may not be mandatory;
• A settlement agreement, drawn up in collaboration with the tax authorities.

As described above, a WBSO decision is a requirement when applying. A distinction is made between ‘small’ and ‘large’ taxpayers.

• Small taxpayer: for ‘small’ taxpayers (less than €50 million net group turnover per year and a net turnover from innovative assets of less than €7.5 million per year), only a WBSO decision provides access;
• Large taxpayer: for a ‘large’ taxpayer, in addition to a WBSO decision, a patent (or a comparable right) is also required.

The deadline for applying the Innovation Box is not a specific date, but depends on a company’s tax return. This arrangement is therefore continuous.

We have been connecting innovative and sustainable companies with grants and financing for more than 25 years. We can also relieve our customers of administrative work and financial accountability by applying for an Innovation Box and we act as a contact person for the Tax Authorities.