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.
What did you do that was above and beyond standard knowledge within your field?
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?
(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
- Food & Beverage
- Furniture Manufacturing
- Paper & Packaging
- Tool and Dye
- Waste Management
What types of Chemical Companies do we serve?
Basic organic and inorganic chemical manufacturers
Resin and synthetic rubber manufacturing
Pesticide fertilizer and other agricultural chemical manufacturers
Paint, coating and adhesive manufacturers
Ethyl alcohol manufacturers
Soap and cleaning compound manufacturers
Typical Unclaimed SR&ED Expenditures
Disposal and treatment of waste products
Efforts to extend product shelf life or increase product stability
Chemical blending activities
Testing for developments of new packaging
Adherence to compliance requirements through testing efforts
Continuous batch trials
Streamlining production processes
Efforts to lessen the negative environmental impact of processes, materials used and final products
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: