Are you doing R&D in Canada?
You might be missing out on tens or even hundreds of thousands of dollars in refunds every year.
Our performance-based fee structure means you only pay when you actually receive your government funding.
CANADA
RESULTS OR NO COST !
SR&ED Refund
Customer Success Stories
Our first client was a small manufacturing business in Ontario. They didn't even know they were eligible for SR&ED.
With SREDX, they successfully secured a $188,000 refund on their very first claim.
From complex data collection to pre-submission verification.
SREDX is a consulting firm specializing in the Canada Revenue Agency's (CRA) Scientific Research and Experimental Development (SR&ED) tax incentive program.
Designed to encourage R&D in Canada, this federal program provides over $3B in tax incentives to more than 20,000 claimants annually, with approximately 75% being small to medium-sized enterprises (SMEs).
By combining traditional consulting with our proprietary AI-powered dashboard, we systematically manage the entire process—from complex data collection to final verification before submission.
Step 1.
AI-Powered Automated Management
Step 2.
Minimize CRA Review Risk
Step 3.
Tailored Strategies for Korean Businesses
Automate tedious timesheets and labor cost tracking with our AI dashboard to prevent omissions and errors.
We verify your claim against CRA standards in advance, significantly reducing the burden and risk of audits.
We fully understand the organizational structure and decision-making processes of Korean-affiliated companies, providing professional consulting in both Korean and English.
Key Industries
Manufacturing & Advanced Materials
Bio, Pharma & Healthcare
IT, AI, Big Data & Software
Energy & Batteries
Automotive & Mobility
Food Processing & FoodTech
Is our company eligible for SR&ED tax incentives? Check your eligibility with our quick checklist.
1-Minute Self-Diagnosis
FAQ
Q : Which companies are eligible for SR&ED?
A : Most industries and companies in Canada that conduct research and development activities, such as technology development or process improvement, can be eligible for SR&ED. Not only Canadian companies but also Korean companies operating in Canada can be eligible, and applications are open to a wide range of businesses, from large corporations to small and medium-sized enterprises.
Q : What types of expenditures are eligible for support?
A : R&D labor costs, material costs, and outsourced R&D expenses are the primary targets. It is important whether the costs are directly linked to project execution and whether there are records to support this.
Q : Which activities are eligible for SR&ED?
A : Systematic experimentation and development activities aimed at resolving technical uncertainties can be eligible. Examples include prototype development, algorithm development, process improvement, and performance verification.
Q : Are there any costs if we do not receive the funding?
A : SREDX operates on a performance-based (contingency fee) structure to minimize the financial burden on our clients. In other words, fees are only incurred if you actually receive the government funding, and no costs are charged if the funding is not received. Therefore, you can proceed with the SR&ED application without any financial risk.
Q : Can we apply for SR&ED for products that have already been commercialized?
A : It is difficult with simple production or just adding features, but if experiments and development were involved to improve performance or resolve technical limitations, there is a possibility to apply. The key is whether there was a process of gaining new technical knowledge or a problem-solving process.
Here are the most common questions regarding the SR&ED program.
info@sredx.com
Richmond Hill, Ontario, Canada
L4C 0E9