Last week, AmCham held a session in Brno on how research and development projects can be financed and what is the best practice.
The participants have agreed that tax deductions on research and development is a useful tool. As for related documentation, there is no right or wrong information, but complete or incomplete information. And the project and cost documentation must be perfect.
Thank you, Ondřej Krajíček, AmCham Vice-President and Chief Technology Strategist at Y Soft for your insights and Deloitte's Brno Office Lead Tomáš Ráček for hosting the session.