Cyprus is an attractive location for the establishment of an IP holding and development company for International corporations. Cyprus Intellectual property law and a variety of tax benefits make the country an ideal destination in which to establish a solid structure and protect one of the most valuable assets of an organisation. International IP-rich groups can now conduct/direct their R&D as well as manage their IP from Cyprus, enjoying full legal protection afforded by the EU and all major international IP treaties and protocols and, at the same time, achieve tax optimization.