Tax Credit for R&D; Salary for Biopharmaceutical Activities
Your SME could benefit from a tax credit of 37.5% of your payroll.
This measure applies to R&D activities carried out in Quebec by the biopharmaceutical industry, namely:
- Research, manufacturing and marketing of original drugs
- Production and sale of generic drugs
- Creation of new biotechnology products and processes
- Contract performance for other businesses in the biopharmaceutical industry
To be eligible, your corporation must obtain an initial qualification certificate issued by Investissement Québec, as well as an eligibility certificate for the preferential R&D payroll tax credit.
Other conditions apply.
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