Investment policy in Cyprus is liberal and allows 100% foreign participation in most sectors of the economy not only for EU citizens but also for investors from third countries. All restrictions concerning maximum allowable percentage of foreign participation, as well as minimum level of foreign investment in any enterprise in Cyprus, have been lifted as from January 2000 for EU citizens and from 1 October 2004 for non-EU citizens, unless otherwise stated in the separate law or regulations, e.g. the establishment or acquisition of broadcasting corporations.
There is no longer any distinction between onshore and offshore companies and all interested investors can benefit from the numerous advantages that Cyprus offers to anyone that utilizes the island as a base for conducting business activities worldwide.
As regards to portfolio investment, stockbrokers and public companies may carry out the relevant transactions, in the same terms and conditions as Cypriots, according to the legislation of Cyprus Stock Exchange (CSE).
For further information:
Cyprus Investment Promotion Agency
Severis Building, 9 Makariou III Ave. 4th Floor, Nicosia, 1065 Cyprus
Tel.: 22 441133
Fax: 22 441134
Department of Registrar of Companies and Official Receiver
Corner Makarios Avenue & Karpenisiou
“XENIOS” Building, 1427 Nicosia
Tel.: 22 404301
Fax: 22 304887
Point of Single Contact Cyprus
Tel.: +357 22409318/21
Fax: +357 22409432