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Why Cyprus?
Cyprus has established itself as a global frontrunner in Intellectual Property (IP) management, offering a robust legal framework and internationally competitive benefits. Its strategic location and alignment with key international treaties - including the Madrid Protocol, the Paris Convention, and the Berne Convention - make it an attractive jurisdiction for developing, managing, and protecting intellectual assets.
Strong adherence to global standards set by the European Union
In Cyprus, intellectual property (IP) refers to inventions, literary and artistic works, designs, and trademarks. These rights are protected under national, European and international laws, granting holders exclusive authority to use, licence and enforce their IP against illegal use.
Intellectual Property in Cyprus covers a broad spectrum of rights, ranging from innovations and software to artistic works, designs, and trademarks. These assets are among the most valuable for modern businesses, necessitating adequate protection and strategic oversight. Cyprus ensures strong adherence to global standards set by the European Union, the Organisation for Economic Co-operation and Development (OECD), and the World Intellectual Property Organisation (WIPO), reinforcing its status as a secure and forward-looking IP hub.
Why Cyprus stands out in Intellectual Property
At the forefront of the advantages offered by Cyprus is its renowned IP Box Regime. Tailored to incentivise innovation and enhance global competitiveness.
Effective tax rates
A highly competitive effective tax rate of 2.5% on income from qualifying IP rights, the lowest across comparable European jurisdictions.
Exemption on profits
An 80% exemption on profits derived from the exploitation of intellectual property.
Tax exemptions
Full tax exemptions on capital gains stemming from the sale of IP assets.
Enhanced amortisation
Enhanced amortisation provisions, allowing for tax-efficient deductions of IP-related capital expenses over 20 years.
These features make Cyprus particularly appealing for companies aiming to minimise tax exposure while maximising innovation. Notably, the regime applies to a broad range of IP assets, including patents, software, and utility models, setting it apart from other European frameworks that often impose stricter limitations.
Committed to innovation and excellence
Cyprus’ commitment extends beyond tax benefits. Its IP framework ensures maximum security and legal certainty for asset holders, which aligns with international standards. The country’s investment in fostering creativity and innovation, combined with its streamlined IP registration and management processes, positions it as a prime destination for protecting and capitalising on intellectual assets.
Explore another jurisdiction
We also advise on all aspects of Luxembourg, the British Virgin Islands, and the Cayman Islands Intellectual Property. Learn more about our offering below.
Luxembourg
Offering an exemplary environment for effectively managing and protecting intellectual property rights.
British Virgin Islands
Offers a forward-thinking legal framework designed to meet evolving global standards.
Cayman Islands
Offering a sophisticated and robust framework for intellectual property protection.
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