CYAUSE Audit Services is an Audit & Assurance firm with offices in Cyprus and the UAE, regulated by the UK ICAEW, International ACCA, Cyprus ICPAC and UAE ADGM.
Our firm has extensive knowledge and experience in relocation consultation, international tax planning solutions and licensing of investment firms, funds and insurance agents / brokers. Our routine day to day services include accounting, audit, tax and advisory services to international businesses interested in relocating or establishing presence to Cyprus.
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The mechanics are simple. 80% of qualifying net IP profit is exempt from corporate income tax. Only the remaining 20% is taxed, at the 15% corporate rate — which lands you at an effective rate of roughly 3% on qualifying IP income.
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www.cyprusaccountants.com.cy — The Cyprus IP Box is the single biggest reason software companies, SaaS founders and solopreneurs who own intellectual property end up moving here.
The mechanics are simple. 80% of qualifying net IP profit is exempt from corporate income tax. Only the remaining 20% is taxed, at the 15% corporate rate — which lands you at an effective rate of roughly 3% on qualifying IP income.
It is not automatic. You apply, you document the qualifying income properly, and you get a tax ruling. Get that part right and you are sitting on one of the most competitive IP regimes in the European Union.
If you own IP and you are paying full rate somewhere else, that gap is worth a conversation
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
