ABOUT CIBA

The Cyprus International Businesses Association (CIBA) was established on 31 December 1992 as a registered not-for-profit company limited by guarantee.

CIBA came to existence on the initiative of a number of expatriate business executives who had moved their international operations to Cyprus in order to benefit from the island’s strategic location, bridging Europe to Middle East Africa and the Far East, as well as to take advantage of the island’s relaxed atmosphere and Mediterranean climate and its rather simple but competitive and effective tax regime.

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LATEST NEWS

June 14, 2019

Cyprus Investment Program 15.05.2019

As a part of its policies aiming to further encourage Foreign Direct Investment and to attract high net worth individuals to settle and do business in Cyprus the Council of Ministers established the "Cyprus Investment...
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June 14, 2019

Payment of temporary tax for the tax year 2019 and final tax for the tax year 2018 – Courtesy of EY

As per the Assessment and Collection of Taxes Law, every company or individual (who derives income other than from emoluments) must pay before 31 July 2019 an estimate of the taxable profit for (corporate) income...
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June 10, 2019

CIBA participates at the UCLAN Roundtable Discussion – The Cyprus Banking Reform: An opportunity to refine the Banking System?

CIBA was honoured to participate at the roundtable discussions, held on the current Cyprus Banking Reform, organised by The School of Business and Management of UCLan Cyprus.
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June 7, 2019

VAT Treatment of Vouchers and Updates relating to Telecom / Electronic Services – Courtesy of EY

Significant Amendments affecting a number of Cypriot businesses The Cyprus House of Representatives passed amendments to the VAT Law as well as issued Regulations which set out the changes in the VAT treatment of vouchers...
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TAKING CARE OF THE INTERNATIONAL BUSINESS COMMUNITY IN CYPRUS