It all sounds wonderful, receiving free money for your R&D project in the form of tax benefits. But what exactly does the abbreviation WBSO stand for? The abbreviation WBSO stands for Wet Bevordering Speur- en ontwikkelingswerk. This law was created in 1994 with the aim of stimulating innovation in Dutch companies. The RVO (Rijksdienst voor Ondernemend Nederland) does not want the Netherlands to fall behind in terms of innovation.
WBSO subsidy terms and conditions
As a company, you can claim the WBSO, provided you meet certain conditions:
- For example, the company must conduct technical scientific research or the company creates a new product, production process or software.
- Innovation must take place within the EU.
- The company must not be a public institution.
Do you have a BV, NV or ZZP/ sole proprietorship (with or without personnel), and do you meet the above criteria, there is a good chance that your project can benefit from the fiscal advantage within the WBSO. Subsidie Op Maat helps your company grow by looking at the possibilities together. Curious about how the WBSO subsidy application looks like, and what we can do for you? Contact us or check out our blog on how to make your application successful with these 7 tips.