The Cyprus IP Box Regime

In Collaboration with
Chrysostomides Law Firm

The Firm

Chrysostomides is a leading independent Cyprus law firm. Taking clients business personally, they strive for excellence in reaching quality, tailored legal solutions and building strong, long-lasting relationships. They combine a deep, multi-faceted knowledge of the law with a strong sense of professionalism in delivering results through effective team work.

the cyrpus 

IP BOX REGIME

IP Box Regime is a corporate tax regime, used by several countries to incentivize research and development activities which conclude in lower taxes, by taxing revenues deriving from a license, sublicense, sale or transfer of qualified IP assets, way differently compared to other commercial revenues.

FEATURES OF IP BOX REGIME IN CYPRUS

  • 80% deduction of profits on disposal of IP rights

80% of any profit resulting from the disposal of relevant intangible assets is disregarded for tax purposes. This is a generous exemption compared to other regimes as shown at the table below.

 
  • up to 20 year tax amortisation period

All intangible assets (excluding goodwill), are eligible for tax amortisation (capital allowances) over their useful economic life with a maximum of 20 years.

 

 
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