Cyprus for Media & Agencies Business Owners
Cyprus for Media & Agencies Business Owners
With its vibrant digital infrastructure and attractive tax regime, Cyprus offers a compelling environment for media companies and digital marketing agencies looking to reach European, Middle Eastern, and North African audiences. Cyprus’s growing tech infrastructure supports video production, digital media, and advertising agencies.
Key Benefits
Intellectual Property (IP) Regime
Cyprus has a favorable IP tax regime, with an effective tax rate of 2.5% on qualifying IP income, ideal for agencies with proprietary software or media.
VAT Exemptions
Media services exported outside Cyprus can benefit from VAT exemptions, enhancing profitability.
Skilled Talent Pool
A well-educated workforce with multilingual skills makes Cyprus an ideal location for media agencies targeting international clients.
Fast-Growing Digital Economy
Cyprus has a digitally active consumer base, making it a promising market for online marketing and media businesses.