Cyprus encourages innovation and entrepreneurship through a mix of tax benefits for start-ups, angel investors, and qualifying innovative enterprises.
Private investors can deduct their investment in innovative SMEs from their taxable income, subject to caps and holding requirements.
Favourable treatment for share options and stock-based remuneration supports talent retention in start-ups.
To access benefits, companies must be certified as 'innovative' by the Deputy Ministry of Research, Innovation and Digital Policy.
Enhanced deductibility of R&D-related costs supports product development and market entry.
Exectus can guide you through the certification process, investor structuring, and incentive application to fully benefit from the Cyprus innovation ecosystem.
