Cyprus Investment Promotion Agency
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WELCOME

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.

                  

TOP REASONS TO INVEST IN CYPRUS

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

Growth Sectors

Shipping

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

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LATEST NEWS

A new era of development for Limassol port

Concession agreements for the commercialisation of the activities of the Limassol Port were signed on April 26th, 2016, by the Minister of Transport, Communication and Works, Mr. Marios Demetriades ...

Cypriot economy predicted to grow by 2% per year in years to 2021 according to IMF’s World Economic Outlook

The Cypriot economy is predicted to grow at a rate of 2% per year in years to 2021, according to IMF`s World Economic Outlook (WEO) for April 2016. ...

The President of the Republic received the President of the European Investment Bank

The President of the Republic, Mr Nicos Anastasiades, received today, at the Presidential Palace, the President of the European Investment Bank, Mr ...

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 info@cipa.org.cy

History

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 ...

Events

Russia and Cyprus

Vedomosti Business Daily is organizing and hosting a Conference under the title: 'Russia and Cyprus: Lessons from the Crisis and ...

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