Vision 2030 Ireland
Research, Development & Innovation
• 25% Research & Development (R&D) tax credit which may be refundable
over a three- year period, in addition to tax deduction of 12.5% for R&D
expenditure in Ireland
• Available to Irish resident companies and branches on the incremental cost of
in-house, qualifying R&D undertaken within the European Economic Area
(EEA), provided such expenditure is not otherwise eligible for tax benefits
elsewhere within the EEA
• The Intellectual Property (IP) regime provides a tax write-off for broadlydefined IP acquisitions for expenditure incurred on the acquisition of
intangible assets allows for qualifying acquisitions to be written-off over a
fixed period of 15 years
• Includes patents, copyright, registered designs, design rights, inventions, trade
marks, trade names, brands, brand names, domain names, service marks,
publishing titles, know-how, software, costs associated with applications for
legal protection
• Scientific Research is allowable as a trading expense
• Software used for business purposes can be written-off over eight years