Frequently Asked Questions – FAQs
What is the Cyprus IP Box Regime
The Cyprus IP Box Regime provides significant tax incentives for businesses utilizing intellectual property income, reducing tax rates on qualifying earnings.
Which types of IP qualify for the regime
Qualifying IP assets include patents, utility models, copyrighted works, and other protected intellectual properties.
How does the IP Box Regime benefit companies?
It allows companies to drastically reduce their tax liabilities on income derived from their IP assets.
What are the key requirements to qualify for this regime?
The key requirements include having qualifying IP assets, meeting specific criteria related to their development, registration, and management.
Can international companies benefit from the Cyprus IP Box Regime?
Yes, international companies can benefit if they establish a presence in Cyprus and comply with the necessary regulatory requirements.