To encourage ecological transition, the public authorities implement many tax incentives for companies adopting sustainable practices.Here is an overview of these advantageous devices.
Overview of the main tax incentives
Tax credits for energy saving
Tax credits make it possible to deduct part of the expenses linked to the energy savings work in buildings (insulation, heating, etc.)
Reduced VAT rate
Environmental products and services (renewable energies, insulation, etc.) often benefit from reduced VAT rate.
Accelerated depreciation
For investments in energy -efficient equipment or using renewable energies, companies can practice accelerated damping.
Tax exemptions
Certain "green" activities such as the production of renewable energy or recycling can be completely exempt from taxes.
Aids and subsidies
Many direct aid systems (subsidies, improved loans, refundable advances) exist to finance environmental projects.
Conditions to benefit from it
To take advantage of these tax advantages, companies must meet a number of criteria defined by regulatory texts:
- Types of eligible investments (insulation, renewable energies, economical processes, etc.)
- Energy or environmental performance thresholds to be achieved
- Activity sectors concerned
- Company size (VSE, SMEs, ETIs, etc.)
- Targeted geographic areas
It is recommended to be accompanied by an expert to set up the files and obtain the necessary approvals.
Examples of beneficiary companies
Paprec Group
Recycling leader, Paprec benefited from a tax credit for the installation of 22,000 m² of solar panels on its sites.
Devialet
The manufacturer of high-end audio systems has benefited from accelerated damping for its eco-design investments.
Novamont
Specialist in bioplastics, this Italian company is exempt from taxes thanks to its waste recycling activity.
Fonroche
The group was able to finance 40% of its photovoltaic projects thanks to public subsidies.
Whether in the form of tax credits, reduced rate or direct aid, these "green" tax incentives represent a powerful lever for companies wishing to accelerate their ecological transition.