Obtaining business licenses in Cyprus

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To start a business activity, you need to obtain a permit. For example, for opening a cafe - in local authorities, for a hotel - in the Cyprus Tourism Organization, for the provision of educational services - in the Ministry of Education. Obtaining a license will take 5-7 days.

The situation is more complicated in the financial sector - in the provision of banking, insurance and reinsurance services. In this case, the procedure is not simple and lengthy - it will take several months. Licensing of financial activities is carried out by the Cyprus Securities and Exchange Commission.

Get help in opening a company in Cyprus - https://www.fintecharbor.com/company-registration-in-cyprus/

 

 

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