| Benefit as a % of spend | 35.00 |
| Financial cap per production | 0 |
| Do I have to register/set up a company? | Yes |
| Does foreign cast/crew paid in their home country/region qualify as expenditure? | No |
| Do foreign cast/crew have to pay tax in the host country/state/region? | No |
| Does travel to/from country/region qualify as expenditure? | Yes |
| Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive? | No |
| Criteria to access the benefit | - - Minimum percentage of the film that must be shot in the region: 0.00%
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| When will the benefit/incentive be received? | |
| Additional incentives or advantages | - - VAT / GST /Sales Tax recoverable
- - There is also a tax discount for investment in infrastructure and equipment. The aid may not exceed 20% of the qualifying production expenditures for small enterprises, and 10% for medium-sized enterprises. The investment for equipment should remain in Cyprus for at least 5 years.
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