Reality TV productions are now eligible for Cyprus' 45% cash rebate, making it a game-changer for the industry. Production companies filming in Cyprus can choose between a cash rebate or tax credit, along with tax discounts on equipment and infrastructure investments and VAT returns on qualifying expenses.
Eligible production categories include reality TV, feature films (including animation), TV series, mini-series, documentaries, and natural history programs. This EU-backed incentive provides unmatched financial benefits for productions looking to maximize budgets while leveraging Cyprus’ diverse filming locations and skilled workforce.
Please learn more on the Invest Cypres website. Click here