The Cyprus Chamber of Commerce and Industry (Keve) has welcomed the launch of the new Business Support Center, describing it as a long-standing demand finally addressed, and a much-needed tool to reduce red tape, support investment and restore confidence in Cyprus as a business destination.
In a statement posted on X, social media platform, the Chamber said the creation of the Centre marks a turning point in the country’s efforts to modernise public services and improve the overall investment climate.
Chamber representatives from all districts attended the official inauguration on Monday, which was held by President Nikos Christodoulides.
The Centre is designed to act as a single point of contact for both Cypriot and foreign investors, offering faster licensing, clearer guidance and more efficient processing.
It is the result of a joint initiative by the Ministries of Interior and Energy, aimed at simplifying procedures and cutting through bureaucratic delays that have long frustrated the private sector.
Speaking on behalf of the business community, the Keve stressed that “investors need a stable, predictable and efficient framework, one that reduces administrative burdens while building long-term trust.”
It noted that the speed at which business licences are issued, and the extent to which procedures are simplified, will play a critical role in boosting Cyprus’ competitiveness and attracting more international activity.
At the same time, the Chamber underlined that success will depend not just on the idea, but on how the Centre is implemented.
It called for proper staffing, sufficient digital infrastructure, and clearly defined responsibilities to ensure the Centre can deliver on its promises and respond to the real-world needs of modern entrepreneurs.
“The Keve fully supports initiatives that contribute to the formation of a business-friendly state and strengthen Cyprus’ position as an attractive investment destination,” the Chamber concluded.
