Intellectual Property Services

In today’s highly competitive market, protecting intellectual property (IP) rights is crucial for businesses to maintain their competitive advantage. These rights empower creators to control the use of their innovations and offer legal recourse against unauthorized use by others.

Additionally, safeguarding IP assets can lead to substantial financial gains, boosting profitability and encouraging growth through exclusive commercial use, rights sales, licensing agreements, and leveraging assets for financing.

However, the legal jargon surrounding Intellectual Property (IP), as well as the complex regulatory framework, are challenging businesses nowadays to protect their IP rights.

Cyprus Taxation advantages of a Cyprus company under Cyprus Intellectual property (IP) regime (Cyprus IP box)

1. 80% of any income generated from Cyprus Intellectual property company owned by Cypriot resident companies (net of any direct expenses) is exempt from Cyprus Corporation Tax.
   
   
2. 80% of the profit generated from the disposal of Cyprus Intellectual Property owned by Cypriot resident companies (net of any direct expenses) is exempt from Cyprus Corporation Tax.
   
   
3. Any expenditure other than acquisition costs, interest, immovable property and payables to third parties will be claimed as deduction from Cyprus Intellectual Property income.
   
   
4. No withholding tax on royalty payments from EU companies to Cyprus Intellectual Property Companies (EU Directive).
   
   
5. Gains that arise on the disposal of Cyprus intellectual Property company’s shares are exempt from all Cyprus taxes.
   
   
6. Royalty deductibility in paying company.
   
   
7. No exit taxation.
   
   
8. No withholding tax on dividend paid by Cyprus Immovable Property company to its parent company, whether it is resident or not and whether it is an EU company or not.
   
   
9. Profit of foreign branch is exempt from Cyprus taxes under conditions (i.e. Foreign Branch, owner of Intellectual Property).
   
   
10. Using a Cyprus Trust (International) to own and finance the Intellectual Property owner i.e. receiving dividends and interest by the trust will not be subject to any Cyprus tax provided beneficiaries are not Cyprus tax residents.
    
    

How can CX Financia help?

At CX Financia, we safeguard the Intellectual Property of our clients and protect them from Intellectual Property infringement.

Our full suite of corporate services includes:

• Registration of IP Rights
• Establishment and management of the IP holding and development company, and the calculations for the various tax deductions.
• Consulting on the Cyprus IP Regime to maximize your benefits

To find out how we can help you protect your Intellectual Property.