The Dutch WBSO subsidy (Wet Bevordering Speur-en Ontwikkelingswerk) is intended to stimulate research & development. It provides a tax discount on wage tax and national insurance contributions for companies and self-employed entrepreneurs who develop new technological products, machines, production processes or software – for their own use or on behalf of third parties.Check this out : https://hgm.eu/

WBSO requires accurate time registration and a thorough administration of all R&D costs incurred. In addition, it is important to have a clear overview of the scope, nature, content and progress of your innovation projects. For this reason, it is advisable to keep an eye on the R&D hours and costs in advance and to report them once a year.

Success Stories: How Companies Have Used WBSO to Innovate

Using the TimeChimp R&D management tool, you can easily meet the R&D-related requirements for WBSO. It allows you to quickly record and approve all hours. In addition, you can easily export the registered hours in the correct format.

We offer full guidance throughout the entire process of applying for and submitting the WBSO subsidy. In this, we prepare the application for you, advise you on setting up your administration (we even have a special IT WBSO administration tool that relieves developers of time-consuming administrative tasks by automatically reporting the R&D work done based on code commits, guaranteeing full compliance with the regulations) and support you during inspection visits by the Rijksdienst voor Ondernemend Nederland (RVO). We also assist you in carrying out an administration check – a pre-audit – in preparation for your next R&D statement and provide support for submitting it to the RVO.

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