Elena Damianou, a representative from the BSC team, highlights the integrated effort among the Strategic Developments Sector, Invest Cyprus, and the Business Facilitation Unit to deliver coordinated and efficient services. This approach is expected to positively impact both immediate business activity and long-term economic resilience through innovation and job creation.
Follow THE FUTURE on LinkedIn, Facebook, Instagram, X and Telegram
The BSC stands as a strategic initiative to energize entrepreneurship, improve the competitiveness of the Cypriot economy, and foster high-level investments. Investors will benefit from guidance on company formation, licensing, and support for strategic development projects, especially those qualifying under Law 84(I)/2023, with a fast-track mechanism in place.
A project coordinator will bridge communication between investors and government departments, ensuring all necessary licenses are acquired within a streamlined 12-month period. These efforts align with global best practices, enhancing operational efficiency and administrative transparency through digital transformation.
Currently stationed in Nicosia, the BSC promises accessibility to investors across Cyprus through hybrid remote capabilities, embodying a modern, scalable service delivery model. While additional branches are not planned immediately, ongoing evaluations may inform future expansions.
