Ley I+D Advisory

Law 20.241, known as the "Ley I+D" (Chile's R&D Law), allows companies to recover up to 35% of their investment in research and development through a tax credit, and to treat the remainder as an expense necessary to generate income.

We support you through the entire process with CORFO: we classify your R&D activities, prepare the notice of intent, write the forms and manage the application until the tax credit is certified.

The service includes

Technical report classifying R&D activities, with strategic recommendations for a project eligible to apply to CORFO.
Financial spreadsheet of the activities in CORFO's format, ready for the Ley I+D application.

Methodology

This is how we work, step by step, alongside your team.

01
Ideating the projects
Collaborative work or co-creation of the project between both teams.
02
Notice of intent to CORFO
Key milestone: from this point, R&D expenses can be deducted as an income tax expense with the SII (up to 65%).
03
Application writing
Application preparation: drafting and progress meetings with the client.
04
Ley I+D application with CORFO
05
Credit certification (35%)
CORFO issues the approval certificate and the corresponding credit, deductible against sales with the SII (Chilean tax authority).