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The investment promotion agency |
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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.
Website: www.cipa.org.cy |
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The Cyprus Foreign Investors Service Centre (One-Stop Shop) |
The Centre operates as a full-service centre for foreign based companies exploring investment opportunities in Cyprus. It constitutes the central agency of information, support, and foreign investors’ relations. Moreover, recognizing the importance of serving the established foreign-based companies, the Centre also provides aftercare development aimed at anchoring existing investors in Cyprus.
Specifically, the Centre’s activities include:
- Promotion of Cyprus as an international business and investment centre.
- Organization of various promotional activities for the dissemination of Cyprus’s competitive advantages and the encouragement of foreign investments.
- Provision of information regarding financial, legal and taxation matters to potential investors in implementing a project in Cyprus.
- Provision of advice regarding the various benefits offered (e.g. grant schemes).
- Liaising with various governmental departments and facilitating the process of obtaining the necessary licences, such as the work permits, required for the implementation a project.
- Provision of aftercare development aimed at anchoring existing investors and encouraging them to upgrade their activities in Cyprus.
The Centre is a member of the World Association of Investment Promotion Agencies (WAIPA) as well as the Euromediteranean Network of Investment Promotion Agencies (ANIMA). |
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