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R&D & Innovation Open Tax credit

Revenue Commissioners

Knowledge Development Box (KDB)

aka KDB, Section 769G

Effective 10% corporation tax rate (raised from 6.25% under Finance Act 2022) on profits from qualifying intellectual property developed through R&D activity in Ireland.

Effective 10% CT on qualifying IP profits (vs standard 12.5%)

Last reviewed May 2026

What this scheme funds

The Knowledge Development Box is Ireland's OECD-compliant patent box. Profits attributable to qualifying intellectual property assets (patents, copyrighted software, plant-breeders' rights and supplementary protection certificates) are taxed at an effective 10% rate (up from 6.25% for accounting periods commencing on or after 1 October 2023 under Finance Act 2022), against the standard 12.5% corporation tax rate. The relief is calculated using a modified nexus formula that links the qualifying profit to the proportion of R&D actually performed in Ireland (or in the EEA) by the claimant company, so the benefit narrows quickly if R&D is sub-contracted heavily outside the group. KDB is most often paired with the R&D Tax Credit: the credit lowers the cost of the R&D itself, and KDB lowers the tax on the profits the resulting IP throws off.

Application window

Claimed via the corporation tax return (CT1)

Who can apply

  • Irish tax-resident company carrying out qualifying R&D in Ireland or EEA
  • Owns or co-owns a qualifying IP asset created from that R&D
  • Tracks R&D spend on the asset on a per-asset basis (or per-asset family for SMEs)
  • Files the KDB claim with the corporation tax return (CT1)
Small (10-49 staff) Medium (50-249 staff) Large (250+ staff)

How it typically funds software

  • SaaS companies that hold the copyright in their codebase and develop materially in Ireland
  • Combine with R&D Tax Credit for compounding benefit on both the cost and the return on IP

Worth knowing

KDB documentation requirements are heavy - track qualifying R&D spend by asset from day one. Retrospective reconstruction rarely survives a Revenue audit.

Software categories this can fund

Related grants

Related glossary terms

Vendors.ie is not a grant adviser. Rates, ceilings and eligibility change - confirm the current rules on the funder's own page before applying.