Intellectual Property Rights

Petros Philippou
Mar 8, 2024
1 min read

The gross income arising from intellectual property rights, other exploitation rights, compensations, or other similar income arising from sources within the Republic of Cyprus, of a person who is not resident in the Republic, is subject to withholding tax at a rate of 10%.

Note that, Rights granted for use outside the Republic of Cyprus are not subject to any withholding tax.

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