Department of Science and Technology
- Company typePrivate
- Founded2019
- HeadquartersSoshanguve, South Africa
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
Department of Science and Technology firmographics
Firmographics- Name
- Department of Science and Technology
- Legal name
- DMK Advisory
- Website
- https://dmkadvisory.co.za
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Department of Science and Technology industry classification
Industry- Product category
- R&D Tax Incentive Advisory Services
- NAICS
- Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro industry
- Research Administration & Grants Management Support (Pre/Post-Award, Compliance)Education/Education Facilities & Support Services/Outsourced Operations & Managed Services for Education (BPO/Contracted Support)
Keywords
Where Department of Science and Technology is headquartered
LocationHeadquarters
- HQ city
- Soshanguve
- HQ country
- South Africa
- HQ region
- Africa
Offices1 record
Markets served
Department of Science and Technology business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel
Revenue model
- Advisory and Consulting Services: DMK Advisory provides professional advisory and consulting services including Scientific Research and Development (R&D) advisory, R&D Tax Incentive application assistance, technical analysis of R&D and commercial projects, and report compilation. The revenue model is based on professional services fees, likely project-based or engagement-based billing for companies seeking R&D Tax Incentive qualification under section 11D of the Income Tax Act.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Department of Science and Technology product offering
Product offeringCore offering
DMK Advisory provides professional advisory and consulting services focused on helping South African companies apply for and qualify for the R&D Tax Incentive (150% tax deduction on operational R&D expenditure under section 11D of the Income Tax Act). The firm conducts appraisals of R&D projects, compiles required information, completes application forms, and submits them to the Department of Science and Innovation. Supporting services include technical and technological analysis of R&D and commercial projects, and compilation of audience-targeted reports. Services are rendered across fields including chemical sciences, manufacturing, pharmaceuticals, clinical trials, cosmetics, agricultural sciences, agro-processing, biotechnology, botanicals, medicinal plants, material science, and energy.
Product overview
DMK Advisory is a consulting firm offering advisory services focused on Research and Development (R&D) support and tax incentive advisory. The core offering is the R&D Tax Incentive service, which helps companies qualify for 150% tax deductions on operational R&D expenditure under South African law. Supporting services include technical analysis of R&D projects, report compilation, and application submission to the Department of Science and Innovation. The company serves clients across multiple scientific and technical fields including pharmaceuticals, biotechnology, manufacturing, and energy.
Differentiator
Problem solved
Functional benefit
Products and services
- R&D Tax Incentive Advisory Services
- Technical and Technological Analysis of R&D and Commercial Projects
- Audience-Targeted Report Compilation
Companies that use Department of Science and Technology
Customer profileSegments12 records
Ideal customer profiles2 records
Department of Science and Technology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Department of Science and Technology partnerships and signals
Strategic signalScale indicators1 record
Recent moves3 records
Expansion highlights4 records
Department of Science and Technology competitors and assessment
Company assessmentBroad incumbents
- BDO South Africa: Global accounting and advisory network with a dedicated R&D tax practice in South Africa. Overlaps with DMK on R&D Tax Incentive engagements while serving a broader client base across audit, tax, and advisory services.
- PwC South Africa: Big 4 firm that provides R&D Tax Incentive advisory within its broader tax services. Represents an established incumbent competing for R&D advisory work alongside DMK Advisory in the South African mid-market.
- Mazars South Africa: International audit, tax, and advisory firm with R&D tax advisory capabilities in South Africa. Competes with DMK for R&D Tax Incentive engagements while offering broader professional services.
- RSM South Africa: Global mid-tier audit and advisory network with R&D tax incentive advisory practices. Overlaps with DMK on South African R&D advisory engagements with broader service offerings across audit, tax, and consulting.
- EY South Africa: Big 4 firm with R&D Tax Incentive advisory capabilities integrated into its broader tax practice. Competes with DMK for South African R&D advisory mandates from mid-market and enterprise clients.
- Crowe South Africa: International accounting and advisory network with R&D tax advisory capabilities in South Africa. Competes with DMK for R&D Tax Incentive advisory mandates as part of a wider professional services portfolio serving the mid-market.
- KPMG South Africa: Big 4 advisory firm offering R&D Tax Incentive advisory as part of its broader tax practice. Overlaps with DMK on R&D incentive engagements but does not specialize in the niche, instead bundling it with wider corporate tax and advisory services.
- Deloitte South Africa: Big 4 firm with an R&D Tax Incentive practice as part of its wider tax and innovation services. Competes with DMK for R&D incentive advisory mandates while offering a much broader corporate tax and consulting portfolio.
- Grant Thornton South Africa: Mid-tier accounting and advisory firm providing R&D Tax Incentive advisory alongside broader tax services. Targets similar mid-market clients to DMK Advisory with comparable cross-sector R&D capabilities.
Direct peers
- Ayming: Global boutique consulting firm specializing in R&D tax incentive advisory and innovation financing across multiple geographies. The closest direct comparable to DMK Advisory by business model, focusing on helping companies claim and optimize government R&D incentives rather than offering broad corporate tax services.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Department of Science and Technology social profiles
Digital presenceDepartment of Science and Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Department of Science and Technology leadership team
Management profileNumber of profiles
Profiles1 record
Department of Science and Technology funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Department of Science and Technology M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Department of Science and Technology
What does Department of Science and Technology do?
DMK Advisory provides professional advisory and consulting services focused on helping South African companies apply for and qualify for the R&D Tax Incentive (150% tax deduction on operational R&D expenditure under section 11D of the Income Tax Act). The firm conducts appraisals of R&D projects, compiles required information, completes application forms, and submits them to the Department of Science and Innovation. Supporting services include technical and technological analysis of R&D and commercial projects, and compilation of audience-targeted reports. Services are rendered across fields including chemical sciences, manufacturing, pharmaceuticals, clinical trials, cosmetics, agricultural sciences, agro-processing, biotechnology, botanicals, medicinal plants, material science, and energy.
Is Department of Science and Technology a public or private company?
Department of Science and Technology is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Department of Science and Technology founded?
Department of Science and Technology was founded in 2019. It employs 1,001 to 5,000 people.
Where is Department of Science and Technology based?
Department of Science and Technology is headquartered in Soshanguve, South Africa, in the Africa region.
How does Department of Science and Technology make money?
One revenue line is on record: advisory and Consulting Services.
Who are Department of Science and Technology's main competitors?
Broad incumbents on record are BDO South Africa, PwC South Africa, Mazars South Africa, RSM South Africa, EY South Africa, Crowe South Africa, KPMG South Africa, Deloitte South Africa and Grant Thornton South Africa. Ayming is listed as a direct peer.
Does Department of Science and Technology have an API?
No public API is recorded for Department of Science and Technology.
What industry is Department of Science and Technology in?
Department of Science and Technology's product category is R&D Tax Incentive Advisory Services. Its primary akta.pro industry code is EDAEALAO, Research Administration & Grants Management Support (Pre/Post-Award, Compliance). Its NAICS code is 54169 and its SIC code is 8742.