Clients appreciate our deep knowledge and global reach – but also the human factor. With Onespan, we built a trusted relationship that goes far beyond claim preparation.
Michel Lefebvre Leader, SR&ED and tax incentives
Unlocking research and development for a global technology business
A leading cybersecurity company optimises R&D tax incentives in Quebec.
OneSpan, a global leader in digital identity and anti-fraud solutions, operates in over 100 countries with key offices in Boston, Montreal and Brussels. As the company expanded, it recognised a new opportunity: to optimise its use of innovation incentives and better align its tax strategy with its growth ambitions in Quebec.
Strengthening internal expertise with specialist support
Previously, OneSpan managed its tax credit claims internally. However, as the business evolved, so did the complexity of its tax planning needs. Seeking a more proactive approach, the company turned to Forvis Mazars for specialist support with R&D tax incentives and Quebec’s e-business tax credits.
Our Canadian tax team initiated the relationship with a no-obligation diagnostic, quickly identifying areas for improvement. The result was a long-term partnership that shifted OneSpan's approach from reactive to strategic. Forvis Mazars now leads OneSpan's tax planning and compliance ensuring full alignment with innovation incentives in Quebec.
Creating value through proactive engagement
Our team worked year-round to identify eligible activities and costs, enabling Onespan to unlock benefits earlier and boost its cash flow. We also helped raise the company’s profile within Quebec’s innovation ecosystem, facilitating connections with the Ministry of Finance and showcasing OneSpan’s contributions to cybersecurity advancement.
Sustained impact and strategic growth
Over the last eight years, this partnership has yielded critical funding that has helped secure OneSpan’s long-term investment in Quebec. The results demonstrate not just financial returns, but confidence in Quebec’s incentives, talent, and digital infrastructure.
“Working with such a reliable and proactive partner has been a pleasure and brought us expertise and efficiency. We look forward to continuing this fruitful collaboration”
– Caroline Vignollet, SVP R&D, OneSpan
With renewed agreements and discussions underway to expand our support into new jurisdictions, the relationship continues to evolve. By combining technical expertise, coaching, and local insight, Forvis Mazars is enabling OneSpan to turn innovation into impact – at scale.
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