Is your business benefitting from valuable R&D Tax Credits?
R&D in Biotech, the significant financial investment required in order to launch a new biotechnology product can make the journey to viable launch and scale-up challenges. In order to encourage investment in biotech and maintain the polish position as a hub of innovation in this industry, the polish government provides considerable tax relief for businesses who are innovating in this sector.
Biotech companies are well positioned to be eligible for R&D Tax Credits as innovation is constantly being performed during the development process. This tax relief can help offset costs in areas such as staff salaries, equipment, infrastructure costs, regulatory approval and clinical trials.