What is SR&ED?

What is SR&ED?

The Canadian SR&ED (Scientific Research and Experimental Development) program is a claim-based tax return system mediated by the CRA (Canada Revenue Agency). The application process requires SR&ED claims to be submitted with your corporate tax return.

All Canadian businesses in every sector conducting experimental development, basic and/or applied research projects are qualified for SR&ED returns if:

  • The project lead to a technological or scientific advancement
  • Resolves uncertainties or barriers preventing advancement in science or technology
  • The project used a systematic investigative approach to resolve the uncertainties

Why Felix SR&ED

Our services are risk free, as we receive our commission only after the claim has been accepted and the tax refund obtained from CRA. Our team members have years of experience in a large range of research fields such as pharmaceutical, biotechnology, device science, nanotechnology, and computer science. Our experimented consultants have been able to successfully advise clients in many research areas.