The government of Cyprus will announce in the following months a new incentive scheme for attracting high-tech companies, which will facilitate the establishment and hiring of employees as well as offer tax incentives and expedited licensing procedures, Cyprus President, Nicos Anastasiades, said on Wednesday evening, addressing the 9th Annual Cyprus International Investment Awards that took place at the Presidential Palace.
According to the President, this scheme complements other initiatives undertaken recently, such as the introduction of an employment route for skilled third country nationals specialising in the Information and Communications Sector, and the establishment of a Fast-Track Business Activation Mechanism aiming to simplify the services offered by the public sector to businesses wishing to establish presence in Cyprus.
Anastasiades said, am
Source: Cyprus News Agency