The Cyprus Filming Scheme Is In "Action!"

The film industry has always been associated with established places like Hollywood or Bollywood. During the past few years, we have seen other global destinations becoming more favourable as they provide new and diverse locations for movie productions. At the same time, a variety of tax incentives programmes in regard to the film industry has been developed in many countries of the world.

The variety of benefits in the film tax incentive schemes can be seen in many formats for qualifying productions. Here, at Michael Kyprianou & Co LLC, we have examined the advantages of such film productions taking place in Cyprus by looking into the Cyprus Filming Scheme and its benefits.

The Cyprus Filming Scheme was introduced in 2018 through the initiative of the Government of the Republic of Cyprus. Its primary aim is to attract international producers and filmmakers, so as to place Cyprus on the map, as a state-of-the-art production hub and as a natural filming studio,