For a number of reasons Cyprus is offered as a basis for those interested in protecting his/her intellectual property rights.
The most important are the following:
- Cyprus is a member of the most important international organizations and fully adopts the most basic and fundamental principles regarding the protection of intellectual property rights.
- As a member of the European Union Cyprus fully implements the acquis communautaire as it regards intellectual property rights.
- Cyprus Police is staffed with trained personnel specialized in tackling copyright infringement.
- Cyprus offers the most attractive tax status over intellectual property rights in the EU which provides 80% tax exemption on all income derived from exploitation of intellectual property rights in Cyprus.