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Finding and applying for subsidies and tax incentives is not as easy as it seems. PwC can help you find the right incentive and file a successful application.
To grow and remain competitive requires investment in all areas, such as research & development (R&D), innovation, new facilities and human capital. With the financial burden being high, investments are often postponed or fragmented across the business, leading to missed opportunities or failure to fully reach set goals.
Fortunately governments and administrations are stepping up their incentive schemes to support the economy, businesses and workers, especially in the wake of the COVID-19 crisis. Ranging from tax measures to cash grant programmes these incentives aim to minimise costs and increase income, allowing companies to complete their investment plans fully and on time, assuring sustainable growth opportunities..
Navigating your way through the incentives available, the competent authorities, application procedures, filing and keeping track of your applications is more complex than you may realise. Success depends on identifying the correct incentive for your company’s needs and translating it into a compelling and ultimately successful application.
Incentives are typically offered in the following areas:
But what are the priorities in each region? And what kind of incentive is best suited for your project? PwC’s team of government incentive experts will guide you through the process, assessing the options and opportunities, and ultimately submitting a successful application.
Our approach maximises your chances of finding and securing government subsidies to safeguard the future of your business.
PwC has developed the Government Incentives Scanner, a web-based platform which brings together in one place all available incentives in the regions of Brussels, Flanders and Wallonia.
In a user-friendly way, you can scan available incentives in specific areas of interest, keep track of your applications and benchmark yourself against other companies. An indispensable tool for any company looking for swift funding.