Direct Investment in Cyprus

Further to the lifting to all the restrictions regarding the establishment of companies by EU citizens, the Cyprus government, through its Council of Ministers has now also approved a total liberalization of the policy governing direct investment by foreigners in Cyprus.

Thus, as of 1st October 2004 , foreigners who wish to register companies in Cyprus or acquire shares in existing Cypriot companies or in any other way, do business in Cyprus will no longer have to obtain any special permit.