Cyprus has launched a new digital service for screening foreign investments, as authorities step up oversight under recently introduced legislation.
The platform, rolled out by the Ministry of Finance and the Deputy Ministry of Research, Innovation and Digital Policy, enables the electronic submission of applications for the review of direct foreign investments.
The service forms part of a broader push to digitise public services and strengthen e-government, with officials aiming to streamline processes for businesses and investors.
Through the platform, applicants and authorised representatives can submit investment details, upload supporting documents and provide all required information in line with the Foreign Direct Investment Screening Law.
Authorities said the system is designed to support the effective implementation of the country’s foreign investment screening mechanism, ensuring timely and accurate submission of data to the Ministry of Finance.
Under the law, foreign investments falling within its scope and carried out from 2 April 2026 onwards must be notified to the ministry for review before completion.
The service is available via the gov.cy portal, as well as through the Ministry of Finance website, where further guidance has been published.
CNA