Tax credits – Development of e-business
This tax measure is designed to consolidate the development of information technologies (IT) throughout Québec. It enables specialized corporations that carry out innovative, high-value-added activities in the IT sector to obtain a tax credit of an annual maximum of $25,000 per eligible employee. Details of Tax Assistance Credit Rate The tax credit is equal to 30% (24% refundable and 6% non-refundable) of the eligible salaries paid by the corporation to eligible employees.
Grant Deadline
Deadline not available
Funding Amount
$25,000
Type of Grant
Tax Credit
Sectors
Fintech, Artificial Intelligence, Biotechnology, Clean Tech, Software, Technology, Med Tech
Demographics
Incorporation
For Profit
Perks
Region Restriction
This grant is restricted to whole of Canada
Keywords
Age Restriction
This grant is age restricted from 18 to 100
Eligibility and Requirements
Eligible Corporations
Your corporation may be eligible if the activities it carries out are primarily in the fields of information system design or software publishing and they are carried out in an establishment in Québec.
Your corporation must show:
- that at least 75% of its activities are in the IT sector1 and that at least 50% of these activities are covered by NAICS codes 541514, 541515, 513211, 513212 and, under certain conditions, 561320 and 561330, for the taxation year covered by the eligibility certificate application or for the prior taxation year;
- that at least 75% of its activities covered by NAICS codes 541514, 541515, 513211, 513212, 561320 and 561330 include services ultimately provided to persons with whom it is at arm’s length or services relating to applications developed by the corporation that are used exclusively outside Québec;
1 Activities in the IT sector mean activities covered by codes 334110, 334220, 334410, 417310, 449212, 513211, 513212, 51821, 541514, 541515 and, under certain conditions, 561320 and 561330 of the North American Industry Classification System (NAICS) 2022 version 1.0.
- that it maintained, at all times, for a given taxation year, a minimum of six eligible full-time employees; however, specific rules apply to transfers of activities and business start-ups in Québec.
Eligible Employees
To be eligible, an employee must hold a full-time job and devote at least 75% of his or her time to carrying out, supervising or directly supporting work relating to the execution of an eligible activity.
Eligible Activities
- IT consulting services relating to technology, systems development, or e-business processes and solutions that a corporation performs for a person insofar as the consulting services are related to the development, integration, maintenance or evolution of information systems or technology infrastructure, the design or development of e-commerce solutions, or the development of security and identification services that may be performed for that person.
- Development and integration as well as maintenance and evolution of:
- information systems (for instance, distribution packages, software and computer programs);
- technology infrastructure (for instance, technology architecture upgrading and integration of hardware and software components).
- Design and development of e-commerce solutions allowing for monetary transactions between the person on whose behalf this design or development was done and that person’s customers.
- Development of security and identification services (for instance, electronic imaging, artificial intelligence and interface) relating to e-commerce activities (for instance, security over Internet networks).
Grant Application website
Contact
- If you have any questions, call one of our experts at
- 1 844 474-6367.