The report covers:

• production companies that opt to film in Cyprus to choose between cash rebate or tax credit
• benefit from tax discounts on investments made on equipment and infrastructure and VAT returns on expenditures
• film schemes for every jurisdiction and incentives offered under the Cyprus Film Scheme
• the way the film industry operates and provides an insight into the multitier process of film production
• the legal aspect of the film industry and lawyers’ supportive and facilitative role is appreciated in relation to each stage of film production

This report draws on the opportunities that film sector presents in Cyprus, along with the legal challenges for the actors involved.