Granting in-principal approval of tax credits to leading companies in the field of investing in technological and knowledge-based projects
One of the most important missions of the knowledge-based production leap law as a roadmap for the future of the country's knowledge-based economy is to try to encourage large companies and important industries of the country to increase spending in technological activities and to play a more serious and bolder role in the field of technology and innovation. Tax is one of the supporting tools that can be very effective in realizing this goal and lead the country's large companies to generate income based on technology development as a gateway to international markets.
According to the Communication and Information Center in the Vice Presidency of Science, Technology and Knowledge-Based Economy, according to Clause "T" of Article (11) of the Knowledge-Based Production Jump Law, with the aim of supporting the deepening of technology and the maximum use of the power of knowledge-based companies, investing in technological projects through direct support of knowledge-based companies or indirect investment in these projects through increasing the capital of research and technology funds and stock exchange funds active in the knowledge-based ecosystem has been subject to tax credits.
On the sidelines of the 30th meeting of the permanent working group of the Steering Council of Knowledge-Based Technologies and Productions, appreciation was given to the companies that sent their investment plans to the council's secretariat to benefit from the tax credit of Clause "T" of Article (11) of the Knowledge-Based Production Leap Law. It was implemented and the approval in principle of having the investment tax credit was given to them by Ruhollah Dehghani Firouzabadi, the vice president of science, technology and knowledge-based economy.
In this ceremony, which was attended by the representatives of Mobarakeh Steel, Ariogen Farmed and Ofogh Kourosh chain stores, as well as Barekat Knowledge-Based Institute, the agreement in principle of 14 technological and knowledge-based investment projects was unveiled. The mentioned projects in the field of production of technological products related to the steel industry, production of vaccines and medical equipment, in addition to helping the growth of investable knowledge-based companies, will solve a significant part of the country's need to import knowledge-based products.