CYPRUS FILMING INCENTIVES

Cyprus Cash Rebate

Overview

Type of incentiveCash Rebate
Qualifying formats
  • - Feature film - fiction (theatrical)
  • - Feature film - documentary (theatrical)
  • - TV Film or TV series - fiction
  • - TV Film or TV series - documentary
Qualifying productions
  • - Foreign productions

Specifics

Benefit as a % of spend35.00
Financial cap per production0
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%
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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