Startup Visa

The "Cyprus Startup Visa" programme/scheme allows talented entrepreneurs from third countries [outside the European Union (EU) and outside the European Economic Area (EEA)], individuals or in a team, to enter, reside and work in Cyprus in order to establish/operate/develop a startup with a high growth potential, provided that they meet certain criteria.

Optimization of the process and adoption of legislation to facilitate Strategic Investments

The proposed legal framework aims to speed up and simplify the licensing process for major investment. For the preparation of the legislation and the establishment of a fast track mechanism for major investments, the Cypriot authorities have requested support from external experts via the European Commission ...

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Preparation of an Integrated Strategy to attract investments

Preparation of an integrated strategy with the aim to set clear targets and measures in order to attract new investments.

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Setting up a policy framework for the enhancement of the Entrepreneurial Ecosystem

A National Policy Statement for the Enhancement of the Entrepreneurial Ecosystem in Cyprus has been formulated, in close cooperation with the Ministry of Energy, Commerce, Industry and Tourism (MECIT), and endorsed by the Council of Ministers on the 14th December 2015. You can find the final text of ...

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Social Enterpreneurship

The concept of “Social Entrepreneurship” can be a driving force for a better society, as it connects entrepreneurship with “social benefit”. More specifically, it diverts the benefits of entrepreneurship into innovation, job creation, and growth, primarily to achieve a social purpose, and secondly ...

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Tax Incentives for Investing in Startups and Innovative Companies

One of the major actions in the framework of the the National Policy Statement for the Enhancement of the Entrepreneurial Ecosystem in Cyprus, which was implemented by the Ministry of Finance in cooperation with the Unit of Administrative Reform – Presidency, is the revision of the Income Tax Law ...

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