The implementation of the so called IP Box has effectively established Cyprus as one of the most attractive regimes when it comes to the safeguarding and tax optimisation of the rights stemming from the ownership of Intellectual Property.
The features of the IP Box – legislation were enacted to provide incentives and tax exemptions for the stimulation of innovation and development.
Furthermore, the wide network of double tax treaties ratified by Cyprus offers a uniquely advantageous opportunity for structuring the efficient exploitation of Intellectual Property rights.
Cyprus is a member of the World Intellectual Property Organization and has ratified among others the Paris Convention, the Berne Convention, the Madrid Agreement & Protocol, the Patent Cooperation Treaty and the European Patent Convention, and due to its advantageous geographical position serves Europe, the Middle East, Asia and Africa as a regional business hub.
Yiannis Papazacharia L.L.C. advises on and deals with all aspects of the protection of Intellectual Property, including registration of local, community and international trademarks, protection of trademarks, copyrights, patents and in general IP rights both on a local and international level, infringement of IP rights and registration of domains.