DMK Advisory
ServicesAdvisory and Consulting Services
Scientific Research and Development (R&D)
Professional, Scientific and Technical Activities.
Activities of Head Offices.
Management and Accounting Activities.
Other professional, scientific and technical activities.
Professional R&D and education
Professional Engineering services and specialised educational services.
Based on qualifications and experience, the company can offer services for:
Technical and Technological analysis of R&D and Commercial projects
Compiling of audience targeted Reports.
This service can be rendered in the fields of:
Chemical Sciences
Manufacturing
Pharmaceuticals
Clinical Trials
Cosmetics
Agricultural Sciences
Agro-Processing
Biotechnology
Botanicals
Medicinal Plants
Material Science
Energy
R&D Tax Incentive
Did you know that any company, irrespective of size or sector, that undertakes scientific and or technological R&D within South Africa can qualify for the R&D Tax Incentive, i.e can qualify for 150% tax deduction for their operational R&D expenditure in terms of s11D of the Income Tax Act.
Conditions that must be satisfied are:
Apply for the incentive – applications are administered by the Department of Science and Innovation – forms available on their website.
Applications should reach DSI before commencing with the R&D, if already started the benefit will commence from the date the DSI received the application.
R&D activities must be approved by the Minister of Science and Technology.
The application process is fairly simple but packaging the information as required by the R&D Tax Incentive Adjudication and Monitoring Committee is important for prompt adjudication of your application.
DMK Advisory is well placed to conduct an appraisal of your R&D projects, compile the relevant information, complete the application on your behalf and submit to the Department.
For more information contact us at info@dmkadvisory.co.za