Setor químico

Chemical

The chemical industry encompasses a broad range of products and applications across multiple industries, and utilized by consumers in every business segment.  This includes raw material production in manufacturing and in the pharmaceutical industry.  The R&D Tax Credit recognizes chemistry as a hard science, and therefore chemical companies should be benefiting from increased R&D Tax Credits through their continuous research, development, and innovation, as they serve their customers.

Examples of Qualifying R&D Activities:

  • Improvement of products and processes, in addition to the launch of new or customized products and formulations; and
  • Development of new or improved chemicals, compounds, and formulations to create sustainable solutions to alleviate environmental concerns, including the utilization of renewable materials and ingredients.
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