Renewal of the Research Tax Credit (RTC)
BOROCHEM PBO has once again been approved for a renewal of the Research Tax Credit for the years 2017, 2018 and 2019 by the DGRI (Directorate-General for Research & Innovation). The Ministry of National Education, Higher Education and Research (MENESR) has thus recognized the quality of the research and development carried out by BOROCHEM PBO, especially in the field of boron chemistry and has qualified the company as a private R&D organization.
This approval recognizes BOROCHEM PBO as an organization with the capacity to carry out research and development work (R&D) and that all expenses for the realization of R&D operations entrusted to BOROCHEM are eligible for the Research Tax Credit (RTC), under the same conditions as for internal investments.
The renewal of the Research Tax Credit (RTC) for three new years underscores the company’s commitment to offer innovative solutions to our customers.Return to news list