PORTUGAL 2030 Tax Regime · Ongoing

SIFIDE — Tax Incentives for Business R&D

A tax credit that turns your R&D spending — including digital and environmental transition projects — into a direct deduction from your corporate tax bill.

32.5% base rate 50% incremental rate €1.5M incremental cap
Overview

What is SIFIDE?

SIFIDE (Sistema de Incentivos Fiscais à Investigação e Desenvolvimento Empresarial) is a tax incentive under Portugal's Investment Tax Code that rewards companies for investing in Research & Development. Eligible R&D expenditure — including projects tied to digital and environmental transition — can be deducted directly from the IRC due for the tax period, in addition to the expense's normal deductibility as a cost.

Base rate
32.5%
of eligible R&D expenditure in the period
Incremental rate
50%
of the increase over the 2-year average
Incremental cap
€1.5M
maximum incremental deduction per year
Credit carryforward
8 years
if the deduction exceeds the IRC collection
Certification
ANI
prior recognition by the National Innovation Agency
Application window
Ongoing
submitted annually alongside the IRC return
R&D Typology

Eligible R&D Activities

1

Basic research — acquiring new scientific or technical knowledge, without a direct commercial application in view

2

Applied research — research directed at a specific practical objective or aim

3

Experimental development — turning research findings into new or improved products, processes or services

4

Feasibility studies — technical and economic studies that support the design of an R&D project

Investment

What expenses are eligible?

Personnel

Staff directly engaged in R&D activities, meeting minimum qualification and dedication thresholds.

Operating expenses

Materials, consumables and other R&D operating costs directly linked to the project.

Contracted R&D

R&D commissioned from public entities, higher education institutions or officially recognised organisations.

IP & other costs

Registration and maintenance of patents arising from R&D, participation in the capital of R&D institutions, and feasibility studies.

Note: Eligible R&D expenditure remains deductible as a normal cost, on top of the SIFIDE tax credit.

Financing

What is the tax credit?

Component Rate
Base rate 32.5% of eligible R&D expenditure in the tax period
Incremental rate 50% of the increase over the average of the previous two tax periods, capped at €1.5M
New SMEs (no two-year history) Base rate applied to the entire eligible expenditure, no incremental calculation required
8 years
Unused credit — when the deduction exceeds the IRC collection — carries forward for up to 8 tax years.
ANI
Prior certification of eligible R&D projects by the Agência Nacional de Inovação is required before the credit can be claimed.

Rates, caps and carryforward periods are set annually by the State Budget Law — current figures are indicative; confirm the applicable tax year with Elyntis.

How we work with you

What Elyntis delivers under this regime

Most software work is not R&D — and ANI knows the difference. What qualifies is work with genuine technical uncertainty, run as an experiment and recorded as one. We do the engineering, and we generate the evidence that shows it was research rather than routine development.

Framing the R&D question

Separating the genuinely uncertain part of your roadmap from the routine build, so the project reads as experimental development.

Prototypes & proofs of concept

Working prototypes built to test a hypothesis — including the ones that fail, which are still eligible R&D.

AI & data experimentation

Model development, evaluation harnesses and measured comparisons against a documented baseline.

Test platforms & data pipelines

The infrastructure your experiments run on: datasets, pipelines, instrumentation and reproducible test environments.

Technical evidence for the dossier

Experiment logs, versioned records, results and dead ends — written as your R&D team works, not reconstructed a year later.

Working alongside your team

Elyntis engineers embedded with your own R&D staff, whose dedicated time is itself the largest eligible cost line.

One caveat worth stating plainly: R&D contracted out to a third party is only eligible when that supplier holds ANI-recognised status. We will tell you at scoping which parts of our work can be claimed as contracted R&D and which are better structured around your own team — before you commit to anything.

Turn R&D expenditure into a tax advantage.

Count on Elyntis to assess, document and certify your SIFIDE claim.

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