Maximize the Value of Your Intellectual Property with Québec’s IP Box

Quebec’s IP Box, officially the Incentive Deduction for the Commercialization of Innovations (IDCI), is a powerful tax tool that rewards innovation. Since its enhancement in 2020, it allows eligible companies to slash their Quebec tax rate on qualified intellectual property income from 11.5% down to as little as 2%. With Ayming’s expertise, you can unlock the full potential of the IP Box, maximize savings, and reinvest more into your growth.

The Quebec IP Box is designed for innovative companies that are driving R&D and commercialization. To qualify, your business must have an establishment in Quebec, carry out R&D activities here, and generate income from the commercialization of qualified intellectual property assets, in Quebec or around the world. With Ayming’s guidance, you can navigate the eligibility requirements with ease and ensure you capture every possible benefit this powerful tax incentive offers.

The Quebec IP Box recognizes a wide range of intellectual property, from patented inventions and computer programs to plant varieties with breeder’s rights. If your innovation qualifies, the tax benefits can be substantial. Eligible income is calculated using the OECD’s ‘nexus approach,’ which ensures that only the portion of revenue tied to R&D activities in Quebec benefits from the reduced tax rate. This applies to income from selling, leasing, or licensing your qualified IP assets. With Ayming’s expertise, you can confidently identify eligible QIPAs, optimize your claims, and maximize the tax savings that fuel your next wave of innovation.

Absolutely. The Quebec IP Box (IDCI) works hand-in-hand with the SR&ED program to supercharge your tax savings. First, you can claim SR&ED credits on your eligible R&D expenses, then apply the IP Box deduction on the income generated from that intellectual property. With Ayming guiding the process, you’ll maximize the return on your innovation investments and keep more capital to reinvest in future growth.