Cyprus Investment Promotion Agency
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The Cyprus Investment Promotion Agency (CIPA) was established as a registered not-for-profit company limited by guarantee, funded by the Cyprus government. "Invest Cyprus" is the brand under which CIPA takes the lead in promoting Cyprus as an attractive FDI destination.

The Agency has operated since January 2008 and follows a threefold mandate:

1. To promote Cyprus as an attractive international investment centre in key priority growth sectors;

2. To advocate reform in Cyprus required to improve the regulatory and business environment and infrastructure;

3. To provide investor support with aftercare and further services.



  • Tax System
  • Human Talent & Level of Services
  • Legal and Regulatory Framework
  • Macroeconomic Prospects & Opportunities
  • Quality of Life

Growth Sectors


  Cyprus is an internationally renowned shipping centre, home to some of the world’s leading names of the global shipping ...



CIPA Annual General Meeting

Re-appointment of the Board of Directors announced and the strategy for promoting the country as an attractive investment destination, as well as CIPA’s work, presented Attracting foreign ...

Fitch upgrades Cyprus to B+

International credit rating agency Fitch Ratings has upgraded Cyprus' Long-term foreign and local currency Issuer Default Ratings (IDRs) to ...

Cyprus ranks 1st among smaller Countries and 5th worldwide in the Safest Countries in the World study

In the Safest Countries in the World rankings for 2015 Cyprus was ranked 5th overall and 1st among smaller Countries, in a study conducted by ...

Establishing a Company

Establishing a Company

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 ...

Success Stories

Selected success stories of already established foreign investments in Cyprus are provided below. New success stories are periodically added in this section. We welcome new success stories of international companies with operations in Cyprus. If your company would like to be featured on this page, please contact us at


Establishing a Company

The first signs of civilization in Cyprus, the third largest island in the Mediterranean Sea, are traced back to the 9th millennium B.C. According to mythology, Aphrodite, the ancient Greek goddess of love and beauty, was born from the foam of the sea on the southwestern coast of Cyprus, near the city of Pafos. The geographic position of the island has been a blessing and a curse at the same. ...

Macroeconomic Prospects & Opportunities

Establishing a Company

Economic recovery in Cyprus is expected in record time, despite the challenges faced in the last years. Thanks to the Government's commitment to achieving economic recovery and growth, Cyprus has managed to turn the page, successfully facing the island's economic challenges, and establish itself as a thriving business center.  The following recent economic statistics ...


Invest Cyprus Start-Up Demo Day

The Cyprus Investment Promotion Agency is organizing the Cyprus Start-Up Demo Day, that will take place on Deceber 8th, 2015, at the A. ...