Information technology is one of the fastest growing and changing sectors in the world. While it brings significant economic and social benefits, its impact on the way business is done keeps widening.
Businesses in software, hardware and digital services face a complex tax and reporting environment because of heavy R&D spending, intangible assets, foreign sales and extensive incentive legislation.
We support businesses in this sector in particular with:
R&D and design center incentives
Tax exemptions in technology development zones
Income deductions for software and services provided abroad
Reporting of intangible assets and development costs
The sector’s tax structure and tax planning
IT businesses above certain thresholds are subject to independent audit. We can help you make the most of incentives and with your financial reporting.