The Cyprus Cabinet approved a series of changes in the Cyprus Investment Programme in order to make the Cyprus Investment Programme even more targeted and trustworthy, Finance Minister Harris Georgiades said. the Minister pointed out the mandatory contribution to the Foundation for Research and Innovation to further encourage the creation of an eco-system of business…

  Cyprus is in the process of adopting and publishing the laws, regulations and administrative provisions necessary to comply with the provisions of the EU Anti -Tax Avoidance Directive (“ATAD”), which was approved by the EU Commission in 2016. EU Anti -Tax Avoidance Directive (“ATAD”) creates a minimum level of protection against corporate tax avoidance…

Cyprus has recently introduced an advantageous Filming Scheme providing proving tax incentives for film production companies. Cash Rebate Rebate of up to 25%-35% on eligible expenditures incurred in Cyprus. The amount granted will depend on the score of the production at the cultural test. The rebate will be given once filming is completed, on receipt…