Evotec Receives CIR (French Research Tax Credit) Accreditation
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Evotec AG announced that it has received CIR accreditation for a three-year period from the French Ministry of Higher Education and Research.
The French R&D tax credit initiative ('Crédit d'Impôt Recherche', CIR) gives eligible research-based French companies, who are subject to corporate tax in France, the ability to claim tax relief on costs generated in R&D activities outsourced to Evotec.
Dr Mario Polywka, Chief Operating Officer of Evotec AG, commented: 'We are delighted to receive this accreditation as it allows our current and future customers in France to benefit from a tax relief of up to 30% of their R&D expenditure committed to Evotec.'