In order to be eligible to the TCEB tax credit, you must meet the following conditions :
+ You own a business that operates in the Information Technology (IT) sector and the software solutions that you develop, or implement, improve your clients' business processes;
+ Your company's IT activities constitute at least 75% of your turnover;
+ Your corporation retains a minimum of six eligible employees throughout the taxation year in question.
If you meet all of these conditions, we invite you to keep reading the following, because you could very well be eligible for the Development of e-business Tax Credit !
The Tax credit for the Development of e-business is a financial aid available to specialized firms in the province of Québec that operate in the development of information technologies.
In order to be eligible for this financial assistance, the company must be established in Québec and operate under the provincial or federal laws. If it’s registered in another province, the company must have offices in Québec.
Moreover, the employees must allocate 75% of their time to work on eligible tasks in order to be certified by Investissement Québec.
The consulting service must be tied to the improvement of the e-business process through technology, and more specifically the development, integration, maintenance or evolution of information technology systems or technological infrastructure projects.
The company must be able to contribute to the development, integration and, incidentally, to the maintenance and evolution of information technology systems or technological infrastructure projects.
The conception or development of e-business solutions in exchange of a monetary remuneration, which allows to conceive or develop solutions for a person and their clientele, under the conditions that the activity is eligible to the development or the integration of information technology systems or technological infrastructure projects.
The development of services related to security and identification.
Obtain a 24% refundable tax credit on eligible employees' salaries
up to a maximum of $20,000 per employee
as well as a 6% non-refundable tax credit
up to a maximum of $5,000 per employee.
Every year, they secure over $4 M in TCEB;
They all have impeccable files according to IQ and RQ representatives;
They handle any tax credit cumulative rules.