R&D Incentives in Norway:
Enhance your company’s performance with R&D Incentives

What are R&D Incentives?

Since 2002, the Norwegian government’s “SkatteFUNN” program offers R&D tax deductions for Norwegian companies undertaking R&D projects. Companies can deduct 19% of project costs for approved activities, with the Research Council of Norway assessing eligibility. This initiative aims to stimulate R&D growth, encourage investment, and boost Norway’s economic growth, allowing companies across various sectors to benefit from the scheme.

The Norwegian R&D tax incentive allows companies to deduct 19% of eligible project costs, with an annual cap of 25 million NOK per company. This cap enables savings of up to 4.75 million NOK annually.

Do You Qualify?

Eligible expenditures for R&D tax deductions and credits in Norway are determined by specific R&D activities aimed at gaining new scientific or technical knowledge. These activities must align with the OECD Frascati Manual’s definition of R&D, which includes fundamental research, applied research, development work, and feasibility studies, ensuring a broad understanding of eligible R&D initiatives.

R&D incentive scenario in an industrial company

The company is innovating a new process aimed at enhancing the efficiency of its industrial production while significantly reducing energy consumption by 37%.

  • Wages 7 250 150 NOK
  • R&D expenses 3 520 000 NOK
  • Total R&D expenses 10 770 150 NOK

Our Added Value

As Europe’s leader in R&D incentives, Leyton offers comprehensive support, identifying eligible projects and preparing detailed documentation for the entire process, including:

  1. scoping
  2. Document preparation
  3. Submission
  4. control procedures

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    At Leyton we leverage innovation funding expertise to offer comprehensive tax relief claim services, managing projects from start to finish. With experienced tax professionals, we assist businesses in navigating the R&D tax and SSC relief scheme, preparing the necessary technical reports for claim submission.

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