Cyprus Investment Promotion Agency
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Investment Opportunities

General Information

We welcome investment opportunities in the key sectors outlined in the site.

Upcoming Events

Cyprus Regional Franchise Conference Oct 14, 2010

Success Stories

NCR Middle East/Africa Area
Societe Generale Cyprus Ltd
ASBISc Enterprises PLC (“ASBIS”): leading global IT distributor
Columbia Ship Management Ltd.

Set Up Procedure

Set Up Procedure

In order to enhance foreign investment intensity, the FDI policy has been liberalised for both EU and non-EU nationals. Subsequently, administrative procedures have been simplified and no limitations apply in most sectors of the economy, as per the minimum level of investment and the foreigners/ participation percentage.

International companies may invest and establish business in Cyprus on equal terms with local investors. Foreign investors can register a company directly with the Registrar of Companies, and obtain any licence, if needed, from the appropriate authority depending on the nature of investment. Investors may address to the Investors Service Centre of the Ministry of Commerce, Industry, and Tourism for further guidance and direction on a case by case basis.

Investors Service Centre

The Investors Service Centre operates under the auspices of the Ministry of Commerce, Industry, and Tourism and aims at fostering foreign direct investments, attending foreign investors' needs as well as promoting Cyprus as an international business and investment centre.   The Centre operates as a full-service centre for foreign based companies exploring investment opportunities in Cyprus. ...

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Contact the Investors Service Centre within the One-Stop Shop

By contacting the Investor Service Centre in Cyprus, the potential investor may obtain information regarding procedures and formalities as well as relevant rules and regulations in Cyprus.   Investors Service Centre’s information material is also available at the eleven Cyprus Trade Centre’s, established around the world.  Moreover, in its effort to facilitate, accelerate and simplify ...

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Incorporation of a Company

Foreign investors may establish any of the following legal entities in Cyprus by registering at the Department of the Registrar of Companies and Official Receiver in Nicosia:   Companies (private or public) General or limited partnerships European Company (SE) Branches Business Name The procedure for registering any of the above type legal entities is fast and ...

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Residence and work permit

Residence and employment permits are granted mainly on a temporary basis and for a specified position. In case of Business Companies (BCs), the Civil Registry and Migration Department is the authority responsible for the first issue and subsequent renewal of residence permits granted to all non-Cypriots employed by BCs in Cyprus. The Civil Registry and Migration Department acts in consultation ...

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Licensing

Depending on the nature of the investment, subsequent licences may be required from the appropriate authorities (i.e. construction licence, licence for establishment of a university).   The Investors Service Centre provides guidance and support to prospective investors as per the licences that are required and the relevant procedures to be followed.

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Other Registrations

The proceeding steps are not followed in a specific order, they can be done randomly or even simultaneously:   Tax Registration for company and directors Tax application is submitted to the Inland Revenue Department of the Ministry of Finance. www.mof.gov.cy/ird Social Insurance Registration Application to be submitted to the Social Insurance Service of the ...

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Latest News

Cyprus ranked 40th out of 183 countries in DoingBusinessReport 2010 - Sep 08, 2009
CIPA calls for constructive dialogue - Aug 03, 2009
Cyprus Finance Ministry and CIPA to formulate action plan on FDI - Jul 30, 2009

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