The Cyprus Investment Promotion Agency (CIPA) has a threefold mandate: To promote Cyprus as an attractive international investment centre in key priority growth sectors; To advocate reform in Cyprus required to improve the regulatory and business environment and infrastructure; To provide investor support with after care and further development services
Established with a Council of Ministers decision, CIPA takes the lead in attracting foreign direct investment in conjunction and partnership with the private sector and related government organizations and agencies. CIPA has established its membership with the World Association of Investment Promotions Agencies (WAIPA) and the ANIMA Investment Network. CIPA encourages foreign businesses to explore opportunities for investment in Cyprus.
The Cyprus government has announced a series of new tax incentives to boost economic activity and attract foreign investment. International investors (individuals and corporate groups) can now better enhance corporate substance and improve the tax efficiency of their international operations.Read full article