Intellectual Property Co.

Intellectual Property Company

Taxation in Cyprus:

  • The Cyprus Company owns the Intellectual Property and licenses the rights to the foreign entity
  • There is an 80% exemption on the net profit from the exploitation of the intellectual property. The net profit is calculated after deducting from the income all directly attributable expenses and 20% capital allowances on the cost of acquisition
  • The 80% exemption also applies on the net profit on disposal of intellectual property