In specific, production companies that opt to film in Cyprus will be able to choose between cash rebate and tax credit and can also benefit from tax discounts on investments made on equipment and infrastructure, and VAT returns on expenditure in scope.
Qualifying production categories include, amongst others, feature films (including animation), television series or mini-series, documentaries for theatrical or TV release, animation (digital or analogue), TV research programs and natural history.
Please learn more on the Invest Cypres website. Click here