You want to attract the best talent for your scientific research and innovation projects, and this program offers a solid way to do just that. By providing tax benefits for foreign researchers, your business can make their compensation packages much more appealing. This not only enhances your ability to recruit top-tier talent but also positions your company as a desirable workplace for skilled researchers.

Bringing these experts on board can significantly accelerate your innovation initiatives. With a strong team in place, your projects can advance more quickly and effectively, giving you a competitive edge in your industry. Plus, the flexibility of this program supports your specific needs in scientific research and experimental development, making it a strategic choice for your growth and success.

Overall, applying to this program is an opportunity to boost your talent pool while improving your bottom line. It’s an approach that combines efficiency and value, empowering your business to thrive in today’s fast-paced landscape.

The financing provided under this program is a Tax Credit aimed at attracting foreign researchers. This tax benefit can significantly enhance the net income of these individuals, making recruitment more competitive for Quebec-based companies.

Repayment and Interest

Since this is a tax credit, there are no repayment terms or interest rates involved. The benefit comes as a reduction in your tax liability, meaning you don't owe money back after using the funds.

Eligible Expenses

The funds from this program can be used to cover:

• Salaries and wages of foreign researchers
• Benefits associated with their employment
• Costs directly linked to scientific research and experimental development (RS-DE) projects

Limitations and Fees

Funds cannot be used for:

• General administrative expenses
• Non-RS-DE related activities or projects

There are no fees associated with applying for or receiving the tax credit. You simply benefit from the reduced tax obligation as long as you meet the criteria set forth in the program.

• Location: Business must be based in Quebec.
• Sectors: Open to all sectors.
• Ownership: All groups can apply.
• Employees: No minimum or maximum number of employees required.
• Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications: None specified.

This program helps your business by providing tax benefits for foreign researchers. If you’re looking to recruit talent for scientific research and innovation projects, this is a fantastic way to make their compensation more attractive. These tax benefits can significantly enhance your ability to bring the best minds into your company, driving your innovation projects forward.

By participating, you can position your business as a desirable option for skilled researchers. This means you’ll have access to top-tier talent that can contribute to your development initiatives. With skilled researchers on your team, your projects can advance more quickly and effectively, keeping you competitive in your industry.

The focus on scientific research and experimental development offers flexibility, enabling you to adapt the funding to the specific needs of your innovation projects. It’s not just an opportunity; it’s a strategy for growth and excellence in your field.