Sep 27, 2017

Incentives programme for the filming industry

On Wednesday 27 September, the Cyprus Council of Ministers approved an incentives programme for the filming industry in Cyprus. The programme aims to attract international productions to Cyprus and includes incentives such as:

  • Cash rebate
  • Tax credit
  • Tax deduction on investments in infrastructure and equipment
  • VAT refund

 

Cyprus is an ideal filming location because of its rich history and culture, varied landscape, short distances, central location, safe environment and 325 days of sunshine. A large availability of skilled, bilingual professionals are available to offer their support to film-makers from abroad.

 

Invest Cyprus was heavily involved in the design of the incentives programme and is available to offer more information and guidance to investors as well as support and aftercare services. 

For more information you can press here



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