Tax Exemptions & Supports for Knowledge-Based Companies
Knowledge-based approval does not exempt all income automatically. This guide clarifies the real scope of the tax and support benefits.
By Javad KavossiA common (and costly) misconception is that knowledge-based approval automatically exempts all of a company income from tax. The reality is more conditional.
Knowledge-based approval can open access to supports such as tax exemption on income from approved products, facilities and guarantees, some customs and insurance benefits, and contract priority — but these are not automatic, complete, or permanent; each has its own scope, conditions, and process.
This is a general guide, not a substitute for current regulations, tax-authority guidance, or professional legal/tax advice for your case.
What income is exempt?
Tax exemption typically applies to income from the approved knowledge-based product or service — not the company entire turnover. Separating that income in your accounting is essential.
Not sure which income qualifies?
An initial review clarifies your product status, income separation, and file readiness before you act.
Knowledge-based consultingFrequently Asked Questions
Author
Javad KavossiFounder & Software Architect at Anarchain