We advised of, then prepared and successfully obtained a favorable outcome through an Advanced Tax Ruling submitted to the Cyprus Tax Department on behalf of a client, an online games publisher, concerning their eligibility for the Cyprus IP Box regime. Our team diligently analyzed the client's business and R&D activities, based on our deep understanding of the relevant legislation, practice and interpretive guidance issued. We prepared a comprehensive and detailed request, and effectively represented their case to the tax authorities. The favorable outcome affirms the client's entitlement to substantial tax benefits under this regime, thereby optimizing their IP income for tax purposes.