Who We Are
We have successfully claimed over $200 million in R&D tax credits and other government funding for our clients.
Our client list proudly includes startups, leading high-growth firms, and some of the most recognizable global technology firms in the artificial intelligence, natural language processing, computer vision, fintech, biotech, gaming, IT, and cleantech spaces.
Our areas of expertise include:
SR&ED
The Scientific Research & Experimental Development Tax Credit (SR&ED) encourages businesses to conduct R&D in Canada with a maximum refund of 74% against eligible expenditures.
E-Business
The Development of E-Business Tax Credit Program provides B2B software and e-commerce companies in Quebec with a 30% refundable tax credit against eligible salary expenditures.
Multimedia / Digital Media
The Multimedia or Digital Media Tax Credit provides gaming and e-learning companies with a refundable tax credit of up to 40% against eligible salaries.
Grants
Canada is home to billions of dollars in available government funding in areas related to workforce development, R&D, and marketing or export.
How We Help AI Companies
Canada has undoubtedly made a name for itself as a leader in AI, with centres of expertise in Montreal, Toronto-Waterloo and Edmonton. We work with AI and NLP companies across Canada to help them claim non-dilutive government funding, such as tax credits and grants.
To date, we have assisted start-up, growing, and multinational technology firms secure over $200M in R&D tax credits and other government incentives.
Examples of work we can help your AI company with:
✓ Setting up Canadian R&D centers for foreign companies
✓ Identification and validation of relevant tax credits and grants
✓ Preparation of technical and financial reports
✓ Complete support for audit defense
✓ Implementation of R&D best practices
✓ Training and support of your team year-round
✓ And more…
Canada’s AI ecosystem at a glance
GOVERNMENT TAX INCENTIVES
Canada is home to the Scientific Research & Experimental Development (SR&ED) tax credit, a $3.5 billion incentive that rewards innovative companies for investing in R&D. Companies can recover up to 74% of R&D costs in a given fiscal year for expenditures related to salaries, subcontractor fees, materials, and overhead.
QUALITY OF AI TALENT
In Montreal alone, there are 11 universities, 60 colleges, and, subsequently, the highest number of post-secondary students in Canada. This has attracted graduate, doctorate, and fellows from all over the world to pursue careers in research institutions and private industry alike.
COMPETITIVE OPERATING COSTS
When combining the costs of rent, electricity, and labor, Canadian cities have always ranked as the most affordable metropolitan areas. Software Development and Gaming sectors respectively enjoy a 14.5% and 21.7% cost advantage over nineteen of the largest metropolitan areas in North America.
What our clients say about us
“R&D Partners was very efficient and ensured we maximized our complex claims. They were also very helpful in dealing with our auditors and tax authorities – allowing us to focus on our business.”
“Their level of service has been outstanding over the last five years. They led us through every step of the process from properly setting up the company in Canada, implementing R&D best practices, identifying and applying for tax credits and grants, and successfully taking us through audits. I am impressed with R&D Partners; we really do consider them as our partners.”
“Over the last 10 years I have been impressed by their dedicated team. They have made the R&D tax credit process extremely straightforward and efficient for us across the Canadian firm. Their effective approach, tools, and training provides us with the foundation for us to successfully manage the SR&ED. I would recommend them without hesitation to any company looking to benefit from R&D tax credits.”
“I have known R&D Partners for many years and I am always impressed by the way they are able to identify, combine, simulate, and optimize tax credits and grants for our portfolio companies. I would recommend R&D Partners without hesitation.”
Countdown to the AI World Conference & Expo
Don’t wait until the last minute to book a meeting with one of our advisors. We look forward to meeting you at the AI World Conference & Expo!