Skip to main content

Setting Up the IP Box Module

Enable the IP Box regime in Cybooks, set the default amortization period, and understand what fields appear on bills and invoices.

Written by Christopher Dosin

When should I enable IP Box?

Enable the IP Box module if your company holds (or is developing) qualifying IP under the Cyprus regime – copyrighted software, patents, or utility models – and you want to claim the 80% deduction on qualifying profit.

Tip: If you’re unsure whether your IP qualifies, talk to your tax advisor before enabling the module. Once enabled, you can always disable it again with no impact on existing data.

Enable IP Box

  1. Go to Settings → IP Box.

  2. Toggle Enable IP Box on.

  3. Click Save.

As soon as IP Box is enabled, line items on bills and invoices show two extra fields:

  • IP Box Category – classifies the line as IP income, direct cost, qualifying expenditure, or acquisition cost.

  • IP % – the percentage of the line that relates to your IP asset (default 100%).

  • IP Asset – the specific asset the line belongs to.

Default amortization period

Capitalised qualifying expenditure is recorded as an intangible Fixed Asset and amortised over the asset’s useful life. The default is 10 years, but you can change it:

  1. Open Settings → IP Box.

  2. Set Default period (years) to the value you use most often (1–50).

  3. Click Save.

You can still override the useful life on each individual IP asset when you register it.

Where IP Box appears in Cybooks

Area

What you see

Sidebar

An IP Box menu item with the company-level overview.

Bills

IP Box category, IP %, and asset selector on every line item.

Invoices

Same fields – tag IP income or direct cost lines.

Vendors

An R&D Cost Category dropdown for nexus classification.

Settings

Toggle, default amortization, vendor classification shortcut.

What to do next

  • Register your first IP asset from the IP Box overview.

  • Classify your R&D vendors so the nexus fraction is calculated correctly.

  • Start tagging bills and invoices with IP Box categories.

Did this answer your question?