The sixth Golrang Ventures Trust event, focused on the Research and Development (R&D) Tax Credit Program, was held.
The sixth Golrang Ventures Trust event, centered around introducing the Research and Development (R&D) Tax Credit Program, was held on Monday, May 6, 2024, at Golrang Group’s headquarters. During the event, Mitra Karami and Sajjad Tajeddini, Senior Experts at the Tax Credit Secretariat of the Vice Presidency for Science and Technology, introduced the main aspects of the R&D Tax Credit Program, with an emphasis on the Knowledge-Based Production Leap Law.
Under Clause (b) of Article 11 of this law, companies’ research and development activities, if approved by the Evaluation Working Group, will be eligible for tax credits, and the corresponding amount will be deducted from the companies’ income tax for the relevant fiscal year.
Golrang Ventures Trust events are organized exclusively for Golrang Group colleagues and focus on knowledge-driven topics. In this event, the target audience, based on its specific focus, consisted of R&D, technical, and financial managers from the Group’s companies.
The sixth Trust event hosted more than 60 R&D, technical, and financial managers from various Golrang Group companies across all its subsidiaries, including food, pharmaceuticals, finance, Kourosh Investment, detergents, cosmetics and personal care, logistics, and others.
During this two-hour event, following the training and introduction, participants raised their questions and sought clarification on the provisions of the law, while also sharing their experiences related to the subject from previous years.
In the end, it was announced that Golrang Ventures is ready to hold regular meetings with the subsidiary companies of Golrang Group in order to define research and development projects and accompany them on the path of tax credits.
If for any reason you were unable to attend the event and would like to take advantage of this opportunity in your companies, please let us know via the link below or call 02142661000, extension 818.
The event was attended by approximately 50 R&D and financial managers from various Golrang Group companies, including Padideh Shimi Gharn, Sanaye Behdashti Paydar, Pakshoo, Pakan Behshoo, Padideh Shimi Jam, Irandar, Pakan Plastkar, Arian Gostar, Padideh Shimi Gharb, Golpakhsh Aval, Golrang Pakhsh, the pharmaceutical division, Varian Pharmed, Hasti Aria Shimi, Soroush Mana Pharmed, Abian Darou, Salamat Pakhsh Hasti, Pazhouhesh Gostaran Taghzieh Asan, Faran Pharmed, Fanavaran Venda Pharmed, Masterfoodeh, Arian Kimia Tech, Marinasun, Kourosh Portfolio Management, and several other Golrang Group subsidiaries.
The event was not limited to the Group’s knowledge-based companies, as under the law, all companies are eligible to benefit from this opportunity.
It is worth noting that, at the end of the session, Golrang Ventures announced its readiness to hold regular meetings with Group companies to define R&D projects and support them throughout the tax credit process.
