Tax Holiday for Foreign Experts
QC, Canada
Tax holiday for foreign expert salaries in Quebec
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateNovember 14, 2019
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
- Professional, scientific and technical services
grant_single|grantors
- Gouvernement du Québec
- Ministère de l'économie, de l'innovation et de l'énergie du Québec (MEIE)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Attract recognized foreign experts who are highly qualified in the implementation of innovation projects to work in Quebec. They will receive a tax holiday ranging from 100% of taxable income in the first year, to 25% in the fifth year.
grant_single_labels|terms_and_conditions
This fiscal measure offers tax benefits to recruited foreign experts, enhancing the net income attractiveness and competitiveness. The financing modalities involve tax deductions on provincial income for a specified period.
- Eligible foreign experts holding a certificate can apply for a deduction on their provincial tax returns.
- The tax deduction is available for a maximum period of five years.
- The certificate for foreign experts must be renewed annually to maintain eligibility for the tax deduction.
grant_single_labels|projects
This grant supports activities that enhance the commercialization, transfer, and management of research and development outcomes. These projects are essential for driving technological innovation and economic growth in Quebec's private sector.
- Management of innovation resulting from research and development projects.
- Commercialization and marketing of research and development project outcomes.
- Transfer of advanced technologies from research and development projects.
- Financing of research and development activities.
grant_single|admissibleProjectsExample
$ 200,000
Finance R&D activities to develop a new medical diagnostic tool
$ 120,000
Implement an advanced AI system to enhance smart city services
$ 64,000
Develop a marketing strategy to commercialize a new green technology product
$ 160,000
Transfer advanced drone technology for agricultural monitoring
$ 96,000
Commercialize a human-centred design approach for healthcare services
$ 144,000
Implement advanced cybersecurity solutions for SMEs
grant_single_labels|admissibility
The eligibility criteria for the company looking to apply for this grant are specific to their location, activities, and engagement with an expert foreign professional.
- The company must be located in Quebec.
- The company must be engaged in scientific research and experimental development (RS-DE).
- The company must have signed an employment contract with a foreign expert.
grant_eligibility_criteria|who_can_apply
Eligible applicants for this grant include companies located in Quebec that are engaged in scientific research and experimental development (SR&ED) projects. The companies must have an employment contract with the foreign expert, and the expert must be specialized in a field relevant to the valorization of SR&ED results. The expert should hold a graduate university degree recognized in Quebec in pure and applied sciences or a related field, or possess equivalent knowledge, and must perform SR&ED activities within the Quebec-based company almost exclusively.
grant_eligibility_criteria|eligible_expenses
This grant is designed to enhance the recruitment of foreign experts for innovation projects, specifically focusing on research and experimental development (RS-DE) in private businesses located in Quebec. Eligible activities involve various functions related to managing and commercializing the outcomes of RS-DE projects.
- Management of innovation resulting from RS-DE projects.
- Commercialization and marketing of RS-DE project results.
- Technology transfer of advancements resulting from RS-DE projects.
- Financing of RS-DE activities.
grant_eligibility_criteria|zone
This grant specifically applies to companies operating in a defined geographical area to enhance innovation and competitiveness. Eligible locations are restricted to align with regional economic strategies.
- Companies based in the province of Québec, Canada.
grant_single_labels|criteria
- The grant is awarded based on the specific criteria outlined in the program guidelines.
- Evaluation criteria may include the expertise and qualifications of the foreign expert, the relevance of their role in the research and development activities, the potential impact on innovation within the company, and the quality of the proposed project or activities.
- Selection criteria may also consider the alignment of the expert's responsibilities with the goals of the research and development projects, the ability of the expert to contribute to the commercialization of research outcomes, and the overall potential for knowledge transfer and technology advancement.
grant_single_labels|register
- Step 1: Review General Information Guide
- Read the Guide of general information to understand the requirements and process.
- Step 2: Complete Application Form
- Download and fill out the application form.
- Step 3: Prepare Required Documents
- Compile a detailed and signed curriculum vitae of the candidate.
- Prepare a copy of the signed employment contract.
- Include a copy of the company's certificate of incorporation if it is the first application.
- Attach one of the following documents:
- Copy of diplomas from a Quebec university.
- Copies of postsecondary diplomas with course list and a certified copy of the candidate's last relevant diploma.
- Comparative evaluation of studies completed outside Quebec.
- Step 4: Submit Application
- Send the completed application form and all required documents in a single email.
- Email this to the provided address: conges.fiscaux@economie.gouv.qc.ca.
- Step 5: Annual Renewal
- The expert's certificate needs to be renewed annually using the annual certificate application form.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The application process is free of charge.
- The certificate needs to be renewed annually.
- A certified duplicate of the last relevant degree of the candidate is required if the degree is not from a Quebec university.
- The candidate must submit a comparative evaluation if the education was completed outside Quebec.
- The foreign expert can claim a tax deduction for a maximum of five years on their provincial tax return.
- The application and all requisite documents must be submitted via email in a single submission.
- For the initial application from a company, a copy of the certificate of incorporation is needed.
Apply to this program
Enhanced Opportunities for Engaging Foreign Experts in Quebec
This tax measure facilitates the recruitment of foreign experts for scientific research and experimental development (SR&ED) projects within Quebec's private enterprises. By offsetting the fiscal burden, it aims to bolster innovation through global expertise.
In-Depth Overview of the Foreign Expert Tax Certificate Program
The Foreign Expert Tax Certificate program in Quebec is a strategic initiative designed to bring skilled international professionals into the province's research and development ecosystem. The core of this initiative is to leverage the diverse skill sets and expert knowledge of professionals who can significantly enhance the output and efficiency of scientific research and experimental development (SR&ED) projects in Quebec.
This program is explicitly tailored for businesses that are engaged in SR&ED activities and want to invigorate their projects with international expertise. A vital component of this program is the tax holiday provided to the recruited foreign experts, which aims to make their net income more competitive, thus making Quebec an attractive destination for top-tier talent. It allows specialists to cut back on their tax liabilities for up to five years, fostering a conducive environment for innovation.
In a globalized economy, the role of such foreign experts is pivotal in driving innovation and technological advancement. They bring in a wealth of knowledge from their respective fields and offer fresh perspectives, potentially leading to breakthroughs in SR&ED projects. Their involvement is not just limited to enhancing existing projects but also includes activities like technology transfer, innovation management, and commercialization of research results.
The program demands a meticulous approach from the businesses applying for these certificates. Companies must be clearly situated within Quebec and must present a valid employment contract as part of their application. Additionally, ensuring that these experts possess credible qualifications that align with Quebec’s academic recognition is essential. The selection criteria are stringent to ensure that only the most qualified candidates are able to leverage these benefits, thereby guaranteeing that the outcomes of these collaborative efforts are impactful and in line with provincial economic objectives.
For enterprises, the process begins with a thorough completion of the necessary application documents, which includes detailed information about the candidate's qualifications and experience, alongside the company's official documentation. This setup not only streamlines the recruitment process but also ensures compliance with provincial regulations, ultimately safeguarding both the interests of the enterprise and the foreign expert.
Moreover, the annual renewal requirement of this certificate maintains a dynamic and updated pool of foreign talent, ensuring continuity and ongoing contribution to the Quebec innovation landscape. Such mechanisms contribute to sustained growth and sustained competitiveness in global markets, offering Quebec firms a strategic advantage in implementing and commercializing advanced technological solutions.
With no application fees, this initiative represents a cost-effective pathway for businesses to integrate world-class expertise into their operations. It underscores Quebec's commitment to fostering a robust innovation economy that not only adapts to changing industrial needs but also anticipates future challenges and opportunities.
Overall, the Foreign Expert Tax Certificate is a visionary program that aligns with Quebec’s broader economic development strategies. It enhances Quebec's position as a leading hub for research and innovation by attracting and retaining top-tier global talent, ultimately driving the province towards greater economic prosperity and innovation excellence.
