Innovation and Startups

INNOVATION AND STARTUPS

Your startup destination

Creating value through ideas and nurturing Cyprus’ entrepreneurial spirit are amongst the country’s top priorities. 

Creating value through ideas and nurturing Cyprus’ entrepreneurial spirit are amongst the country’s top priorities. 


Innovative research, a rapidly growing startup ecosystem, a highly educated and experienced human talent and a range of incentives render Cyprus a perfect choice to start and scale companies. Applied research is encouraged through EU or national funding and an attractive Intellectual Property (IP) box, while research centres are established in all major cities. Many successful tech companies have already either relocated or expanded in Cyprus, using the country as a base and gateway to and from the EU.

Strong ICT and innovation ecosystem

Vast pool of quality intellectual capital

Tax incentives for investment into innovative companies and start-ups

Innovation and Startups

Low costs of launching and running a business

Start-up Visa for third country nationals

Strong protection for IP

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