Canada’s nearly 2 million small and medium-sized enterprises (SMEs) are the key drivers of job and wealth creation in all sectors of the economy. IRAP stimulates wealth creation through technological innovation by providing technology advice, assistance and services increasing innovation capacity.
The benefits of IRAP include:
The requirements for IRAP are:
IRAP grants from the National Research Council primarily cover labour costs directly associated with approved research and development projects. If your organization is involved in developing or improving technology, you may qualify for federal assistance. Take advantage of our government’s commitment to innovation and technological advancement.
Our management team comes with over 20 years of experience in SR&ED tax credits and other innovation grants. Maxim Strategy Consultant’s diverse team of engineers and CPA's ensure that all claims are of the highest quality. This is evidenced through our greater than 90% track record of claims being assessed as filed, without Canada Revenue Agency reviews.
Maxim’s strategic approach focuses on identifying the most lucrative and beneficial mix of grant and tax incentives. This strategic approach enables Maxim to limit the time involved by your organization in developing a plan to identify and process applications and claims, while maximizing the return to your business.
With Maxim’s proven processes, we maximize your tax credits through personalized, hands-on consulting, while at the same time, focusing on minimizing the time to establish your claim. We work on a contingency fee structure, meaning we share the risk until the tax credits are received.
A dedicated team of professionals, made up of both engineers and accountants, will be assigned to the claim process for your business. Maxim’s SR&ED technical and financial experts will lead the process of the claim, from project identification to the filing of the tax returns. What separates us from others is that we are proactively involved in your business R&D processes. We work with you throughout the year, not just when it’s time to file your tax return.