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The power of CIR and CII Agreements

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The power of CIR and CII Agreements
Blog
May 7, 2024

Boost your innovation outside Belgium: The power of CIR and CII agreements

If you’ve ever been asked whether your business holds the coveted CIR (Crédit d’Impôt Recherche) or CII (Crédit d’Impôt Innovation) approval, you’re not alone. This inquiry is becoming increasingly common as businesses seek partners with these accreditations. Let’s dive into the reasons why obtaining these approvals is crucial and how they can extend your business to the French market.

 

What are CIR and CII agreements?

CIR and CII approvals are badges of competence in the research and development realm. The Direction Générale des Entreprises (DGE) issues the CII, while the French Ministry of Research (MESR) handles the CIR (sometimes simultaneously validating the CII with the CIR). The CIR is particularly in demand, being the most sought-after agreement. Beyond being documents, these approvals signal that your business meets the highest standards, instilling trust with clients. Being listed on the Ministry of Higher Education, Research, and Innovation’s website is akin to a digital badge, improving visibility for potential clients

 

Commercial advantage

Cost is a critical factor in business decisions. When you’re CIR-approved, you’re automatically 30% more budget-friendly than your non-approved counterparts. It’s not only about cost-cutting, it’s a competitive advantage that can tilt the scales in your favor.

Beyond the financial benefits for your clients, being CIR-approved has a direct impact on your business’s bottom line. Clients working with CIR-approved businesses can claim 30% of your fees in their CIR declaration.

This not only makes you an attractive choice but can significantly boost your conversion rates and customer retention.

 

Who can apply for CIR and CII agreement?

The advantage of CIR and CII agreement lies in its accessibility. Whether you are a freelancer or a large enterprise, as long as you are in the European Economic Area, you are eligible.

To be eligible, you must have at least:

  • An R&D team
  • With at least one engineer, a doctor, or a person with equivalent technical expertise

This criterion ensures that companies seeking accreditation have the necessary expertise in-house.

 

To wrap it up…

Obtaining CIR and CII agreements is not simply a compliance requirement; it’s a strategic move to enhance your company’s prospects in France. By understanding the nuances and leveraging its advantages, your company can thrive in the dynamic landscape of research and development.

 

Ready to embark on this adventure? Connect with our experts and chart the path to your company’s success with CIR and CII agreements to become the preferred R&D partner!

 

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