IP BOX in Cyprus: only 2,5% corporate tax

Описание: In this video, we discuss IP Box tax regime in Cyprus.

💰The Intellectual Property Box regime is a tax regime which offers favorable tax treatment on income derived from IP assets. It is making Cyprus an attractive location for companies involved in research and development (R&D) and the management of IP rights.

The companies under the regime can effectively lower their corporate tax rate from the standard 12,5% to 2,5%.
🇨🇾The Cyprus IP Box is one of the most favorable IP tax regimes in the world.

📝We will guide you through the process of application for the tax ruling. We explain the requirements for the successful IP Box application.
You will also learn about substance requirements in Cyprus.

💡 Lastly, we talk about the Notional Interest Deduction. NID may be available on assets entered into a Cyprus company through equity and used to generate taxable income.


00:18 - Introduction
00:49 - What is IP Box
01:26 - What do we understand under Intellectual Property
01:39 - Qualified Assets for IP Box regime
01:50 - Assets that do not qualify
02:12 - Qualified profits for the deduction
03:14 - Application to the Tax Department
04:30 - Additional benefits of IP Box
04:48 - Substance
05:14 - Notional Interest Deduction (NID) in Cyprus
06:07 - Conclusions

🔗 More details on:
https://ibccs.tax
  / ibccs.tax  
  / ibccstax