What is an IP asset?
An IP asset in Cybooks represents a single piece of qualifying intellectual property – one software product, one patent, or one utility model. All R&D costs and IP income that relate to that asset are linked to it, and Cybooks calculates a separate nexus fraction and tax benefit for each asset.
Supported asset types
Type | What it covers |
Copyrighted Software | Software you developed in-house. The most common qualifying asset. |
Patent | A granted patent or a patent application. |
Utility Model | Functional protection for technical inventions. |
Create an IP asset
Open IP Box from the sidebar.
Click Add IP asset.
Fill in the details:
Name – e.g. “My Software Product”.
Type – copyrighted software, patent, or utility model.
Start date (inception date) – when development started. Costs from this date forward are eligible.
Useful life (years) – defaults to your IP Box settings, override if needed.
Click Create.
Tip: Set the inception date carefully. Cumulative QE for the nexus fraction is counted from this date forward.
Why the inception date matters
The Cyprus IP Box uses a cumulative view of qualifying expenditure: from the asset’s inception date to the end of the reporting period. Costs incurred before the inception date are not included in the nexus fraction, even if they relate to the same project.
After registration
Once an asset exists, you can:
Tag bills and invoices with IP Box categories and link them to this asset.
Open the asset detail to see four tabs: Overview, R&D Costs, R&D Ratio, and Tax Savings.
Capitalize qualifying expenditure at year-end into an intangible Fixed Asset that amortises over the useful life.
Multiple assets
If you have several qualifying products or patents, register each one separately. Cybooks aggregates their results on the company-level overview so you see the combined tax benefit, while each asset keeps its own ratio and history.