SR&ED for the CHEMICAL Industry

THE ARCK ADVANTAGE | SRED CLAIMS THROUGH FORENSIC ANALYSIS
It is a common belief that the SR&ED program is only intended to assist large industry leading businesses with dedicated R&D facilities. This misconception has led many smaller scale chemical companies to assume they are ineligible for the program. In reality, most organizations carry out a great deal of seemingly routine activities that are actually SR&ED eligible.
Innovative chemical products and new processes are almost always born from scientific research and experimental development. Most frequently, developments are less radical and make only incremental improvements to existing products and services. These advancements are often neglected as SR&ED eligible and subsequently go unclaimed. Chemical organizations that are not able to identify these types of qualified activities are missing out on a large portion of deserved tax credits. At ARCK, we can help eligible chemical companies uncover, claim and maximize their SR&ED tax credits.
1
Technical Advancement:
What did you do that was above and beyond standard knowledge within your field?
2
Technical Obstacles:
What was the obstacle that had to be overcome, or what was the concern that couldn’t be solved based on current industry knowledge? In other words, what were the challenges encountered?
3
Technical Content:
(Systematic Investigation)Is the work evident of investigation, experimentation, and/or analysis, by qualified personnel?
Industries that Qualify for SR&ED
- Aeronautics Aerospace
- Automotive Manufacturing
- Chemical Manufacturing
- Electronics
- Food & Beverage
- Furniture Manufacturing
- Manufacturing
- Paper & Packaging
- Pharmaceutical
- Software
- Telecommunications
- Tool and Dye
- Transportation
- Waste Management
What types of Chemical Companies do we serve?
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Petrochemical manufacturers
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Basic organic and inorganic chemical manufacturers
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Resin and synthetic rubber manufacturing
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Pesticide fertilizer and other agricultural chemical manufacturers
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Paint, coating and adhesive manufacturers
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Ethyl alcohol manufacturers
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Soap and cleaning compound manufacturers
Typical Unclaimed SR&ED Expenditures
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Disposal and treatment of waste products
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Efforts to extend product shelf life or increase product stability
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Chemical blending activities
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Testing for developments of new packaging
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Adherence to compliance requirements through testing efforts
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Continuous batch trials
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Streamlining production processes
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Efforts to lessen the negative environmental impact of processes, materials used and final products
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The use of new raw materials for cost reductions or increased functionality
Contact us for a FREE consultation and we will help you determine what's eligible.
Call 1(905)604-6156 or fill out this form below: