The innovation box (innovatiebox) is a tax measure that aims to stimulate R&D within the Dutch business community. This advantage is achieved by allowing companies, using the innovation box, to tax the part of the profit attributable to the developed technical innovations at a reduced corporate tax rate.
Objectives and target audiences innovation box
The innovation box is intended for companies that develop innovative products, processes and software and have received a WBSO declaration during the research and development phase. If a company meets the above conditions, it may have access to the innovation box.
Conditions, characteristics and key figures
- The company must own the ‘intangible assets’ that they have developed themselves, in the context of WBSO projects, in order to be able to attribute benefits to the innovation box.
- The application can be submitted continuously, as long as the tax assessment for that year has not yet been irrevocably determined.
- Maximum contribution of the innovation box is not determined. The current rate is 7% corporate income tax on profit (compared to regular corporate income tax of 16.5% or 25%).