The Republic of Cyprus actively supports the development of the film industry in the country. In order to attract film producers from around the world, and stimulate film production in Cyprus, the Government has introduced an incentive scheme - also known as the Olivewood incentive plan, which allows a return of up to 35% of the total amount spent on film production in Cyprus, either as a cash rebate or as a tax credit.
ALTADIUM Group is the first film company which successfully applied for the scheme and received the maximum of 35% as a cash rebate for its production of "S.O.S. Survive or Sacrifice". We will be more than happy to consult any company wishing to take advantage of this Cyprus Government initiative, namely, to provide help in preparing relevant documentation and support during the application process.
For further information please see: Film in Cyprus
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