SERVICE OFFERINGS

SR&ED For Canadian Companies

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SR&ED for Canadian Subsidiaries of US (and other countries) Companies

US COMPANIES CAN AVAIL OF SR&ED TAX INCENTIVES.

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Accounting, Tax, Advisory

Accounting, Bookkeeping, Taxes, Audits

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International

GLOBAL TAX PLAN

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WHAT IS SR&ED

CANADA’S SR&ED PROGRAM

SR&ED (Scientific Research and Experimental Development) Program is the flagship investment incentive program created by the Canadian government with the aim of encouraging innovation and stimulating scientific advancement.

The program is administered by the Canada Revenue Agency (CRA) and provides tax credits, deductions, or refunds to Canadian businesses that conduct eligible research and development (R&D) activities.

Most provinces have their own programs to encourage scientific R&D, which provide additional assistance to SR&ED claimants. As one of the best of its kind in the world, many countries have followed Canada’s lead in setting up similar programs.

AT A GLANCE

Over $5 Billion paid out every year

25,000 Companies Receive SR&ED Annually

Since 1985, A Well Established Tax Incentive Program

See if you Qualify

ABOUT SFC INC.

The idea behind SFC which was founded in 2002 was to make a significant difference in the destiny of each of our clients by providing a tangible value proposition through services like SR&ED, IRAP, Ontario Digital Media Tax Credit and other Canadian government programs. Subsequently we introduced the global tax model for both Canadian and foreign companies to benefit from SR&ED. We are a one-stop financing shop for small to medium size tech-heavy companies. SFC Inc’s team of tax, financial, technology professional has over 50 years of experience in consulting for SME companies.

Over 200 Successful Claims Filed

More than $15 Million in Tax Credits Received for Our Clients

SR&ED Consultants Since 2002

SR&ED CASE STUDIES

Arada Systems Inc

Arada Systems Inc. is a California based company that has spent the past 10 years developing a number of cutting-edge technologies. In 2012, they became part of a pilot project initiated by the US government to enhance road safety. This project involved using WI-FI to improve vehicle-to-vehicle communication. After consulting with SFC, Arada moved their Research and Development (R&D) to Ontario, where they have been able to maximize SR&ED benefits for their second successive year.

PERFUMES ETC

Perfumes Etc. Ltd. sells retail and wholesale perfumes and other beauty products. After using QuickBooks for many years, they discovered the program had many limitations, particularly with regard to back order processing for multiple retail outlets and warehouse locations. Perfumes Etc. hired software developers to improve upon the existing QuickBooks technology. The software developers were able to resolve QuickBooks system flows, and in doing so, created a more efficient Management Information System. SFC aided Perfumes Etc. to successfully receive SR&ED funding for improving on an existing technology.

LIVEXCHANGE

Based in Canada, LiveXchange Corp. developed a software platform for a “virtual Call centre.” With the help of SFC consultants, LiveXchange has successfully claimed SR&ED every year since 2005. Having achieved great success in Canada, LiveXchange was ready to move their business forward. SFC assisted LiveXchange to set up a corporate structure in Barbados, where they were able to expand their business into the USA, UK and other global markets.