Closed
British Columbia Manufacturing and Processing Tax Credit
Non-refundable tax relief for manufacturing investments
Last Update: April 29, 2026
Funding available
Varies by project
Timeline
- Receipt of requests is now closed
Location
British Columbia, Canada
Overview
This program offers a non-refundable British Columbia tax credit for manufacturing and processing investments. It supports the acquisition of qualifying new buildings, machinery, and equipment used primarily in British Columbia.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Optimize production processes
Eligible Funding
- Varies by project
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Manufacturing
Location
- British Columbia
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Acquisition of qualifying buildings, machinery, or equipment for manufacturing or processing operations.
Documents Needed
- Completed application form for the tax credit
- Required information form from the Commissioner of Income Tax
- Income tax return for the year
- Supporting records for the qualifying property
Eligibility
Who is eligible?
- Corporations
- Corporations with a permanent establishment in British Columbia
- Corporations engaged in manufacturing or processing activities
Who is not eligible
- Tax-exempt corporations
- Corporations controlled by tax-exempt persons
- Employee venture capital corporations
- Small business venture capital corporations
Eligible expenses
- Capital cost of qualifying buildings, machinery, or equipment.
Ineligible Costs and Activities
- Used or previously acquired property.
- Property used for exempt income activities.
- Activities not considered manufacturing or processing under the Act.
Eligible geographic areas
- British Columbia
Processing and Agreement
- The claim is reviewed with the corporation’s income tax return.
- The Commissioner of Income Tax may request additional prescribed information.
- Claim eligibility is assessed based on the filed form and records.
- The credit is applied when the corporation’s tax is determined.
Additional information
- The tax credit is non-refundable.
- Eligible property must be new and used in British Columbia primarily for manufacturing or processing goods for sale or lease.
- Corporations may renounce all or part of the credit by the return filing deadline.
Frequently Asked Questions about the British Columbia Manufacturing and Processing Tax Credit Program
Here are answers to the most common questions about the British Columbia Manufacturing and Processing Tax Credit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the British Columbia Manufacturing and Processing Tax Credit?
This program offers a non-refundable British Columbia tax credit for manufacturing and processing investments. It supports the acquisition of qualifying new buildings, machinery, and equipment used primarily in British Columbia.
Who is eligible for the British Columbia Manufacturing and Processing Tax Credit program?
To be eligible for the British Columbia Manufacturing and Processing Tax Credit program, you must:
Permanent establishment in British Columbia.
New qualifying property acquired.
Used mainly for manufacturing or processing.
What expenses are eligible under British Columbia Manufacturing and Processing Tax Credit?
Acquisition of qualifying buildings, machinery, or equipment for manufacturing or processing operations.
Who can I contact for more information about the British Columbia Manufacturing and Processing Tax Credit?
You can contact Government of British Columbia (BC).
Where is the British Columbia Manufacturing and Processing Tax Credit available?
The British Columbia Manufacturing and Processing Tax Credit program is available the province of British Columbia.
Is the British Columbia Manufacturing and Processing Tax Credit a grant, loan, or tax credit?
British Columbia Manufacturing and Processing Tax Credit is a Tax Credits
Who are the financial supporters of the British Columbia Manufacturing and Processing Tax Credit?
British Columbia Manufacturing and Processing Tax Credit is funded by Government of British Columbia (BC)