By A Web Design
By A Web Design
A firm of professional consultants in the fields of technology and tax consulting, we are primarily engaged in providing consulting services to Canadian businesses that are involved partly or wholly in innovation, advancement of scientific R&D or new or improving existing materials, products and processes.
We assist our clients in getting funds through tax credit programs, from Canadian Federal and Provincial governments.
If you want to set up an operation in India or want liaison work with public/private sector enterprises in India, please give us a call.
Through our experience and knowledge of Canadian and US tax & legal system, we can save you time and money to put your efforts on a path of least resistance in order to move your business forward.
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1. Planning
2. Preparing and Filing
3. Follow up with CRA
4. Ongoing Advisory Services
Ask us about "SR&ED directed Tax Planning"©.
Why is this program in place?
The main objectives are:
To reward entrepreneurs and encourage Canadian Companies to undertake SR&ED which is inherently risky and expensive
To stimulate R&D and keep Canada competitive on the world stage so that private sector continues to invest in new ideas, technologies and products.
What is the scope of the program?
Last year, CRA gave over $5 billion to more than 25,000 Canadian Companies under this program. So far, government has not put any upper limit of the maximum amount of money they would pay under this program. Although there is more education on this program now, it is still significantly underutilized, as per CRA.
How can this program help small & medium sized companies?
The program basically stretches the money spent by a Canadian company on SR&ED performed in Canada. Most of the provinces have additional programs to add to SR&ED. In Ontario, it’s called OITC. Program is particularly helpful to CCPC's because entire claim is receivable in cash regardless of any taxable income.
How do you get this money?
Process involves a combination of technical, taxation and negotiation skills through elaborate information gathering and synthesizing this information into a strong and credible claim.
This requires a coordination between conflicting strategies and fields that require experienced taxation and technology consultants life SFC.
NOVO Plastics
I have been using SFC for all of my company SR&ED needs for the last 3 years and couldn’t be happier with their service and expertise. They’ve surpassed all of my expectations in quality and customer service!
Baljit Sierra, Founder & CEO
LiveXchange Corporation
It has been four straight years of increasing SR&ED funds as our R&D effort is expanding, because we are assured that SFC will keep on assisting us with larger amounts going forward.
Sean Sears, Director
Lifeline total IT Solutions Inc.
Couldn’t believe CRA shells out money for small companies! Services provided by SFC are top notch and they helped us through the review process with CRA more than once, most painlessly.
Josef Rogovsky, CEO