Practical Implementation Guide
Setting Up Tax-Efficient Operations
Year 1-2: Foundation - Implement time tracking systems - Establish R&D documentation processes - Apply for JEI status - Begin CIR claims
Year 3-4: Optimization - Review and optimize R&D processes - Consider CII for product development - Explore sector-specific incentives - Plan for post-JEI transition
Year 5+: Maturity - Implement patent box strategies - Optimize international structures - Consider regional expansion incentives - Maintain compliance systems
Working with Advisors
When to Get Help: - Initial CIR claim setup - JEI status application - Tax audit defense - International structuring
Choosing Advisors: - Look for CIR-specific expertise - Check track record with startups - Understand fee structures (hourly vs. success-based) - Verify technical understanding
Building Internal Capabilities
Essential Systems: - Time tracking for R&D staff - Project documentation templates - Expense categorization - Regular review processes
Team Training: - R&D managers on eligible activities - Finance team on calculation methods - All staff on documentation requirements