LATEST NEWS AND ANNOUNCEMENTS REGARDING COVID-19

Revised Protocol for the discharge of coronavirus close contacts from mandatory restriction

In the framework of the continuous monitoring of the new data that emerge, following a recommendation of the Scientific Advisory Committee on Coronavirus, the protocol for the discharge of the close contacts of the cases...
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Ministry of Health Announcement – Differentiation of protocol for tracking COVID-19 cases in Schools

In the context of the detection of coronavirus cases, the Epidemiological Surveillance and Infectious Diseases Control Unit of the Ministry of Health has identified transmission chains in school units. Increased incidents in schools can spread...
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Epidemiological risk assessment of countries concerning COVID-19, dated 5/4/2021, Active as of April 8th, 2021

Following a decision of the Council of Ministers, on 18 February 2021, regarding the Action Plan for the gradual resumption of flights and the re-opening of airports, the Epidemiological Monitoring Unit of the Ministry of Health...
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Passengers holding a vaccination certificate from the Republic of Cyprus will not be subjected to self-isolation and mandatory testing upon arrival in Cyprus

The Ministry of Transport, Communications and Works has announced that following a decision by the Council of Ministers, as of 1 April 2021 here all passengers who have been vaccinated for COVID-19 and hold a...
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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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Beneficial Owners Register of corporate and other legal entities, February 19, 2021

The framework for the prevention of money laundering and terrorist financing activities has been strengthened with the establishment of a Beneficial Owners Register for corporate and other legal entities.

The law for the “Prevention and Suppression of Money Laundering and Terrorist Financing (Amendment) Law of 2021”, was voted yesterday by the House of Representatives.

The Ministry of Energy, Commerce and Industry welcomes the voting of the relevant Amendment Law which harmonizes and strengthens national law with the 5th European Directive (EU 2018/843, 30th May 2018), on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing activities. One of the basic provisions of the Amendment Law regards the establishment, maintenance and operation of a Beneficial Owners Register for corporate and other legal entities, by the Registrar of Companies.

The start date for the collection of the relevant data from companies is set for the 16th March, 2021. Within the next few days, the Registrar of Companies will issue the 1st Directive regarding the maintenance and operation of the Register, as well as a manual for the operation of the interim system solution that has been developed to this end.

It is noted that the Ministry of Energy, Commerce and Industry intends to organise an online seminar to demonstrate the interim solution, for which an announcement will be issued soon.

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LATEST NEWS

Revised Protocol for the discharge of coronavirus close contacts from mandatory restriction

In the framework of the continuous monitoring of the new data that emerge, following a recommendation of the Scientific Advisory Committee on Coronavirus, the protocol for the discharge of the close contacts of the cases...
Read More

The vaccination portal opens on Sunday for individuals belonging to specific vulnerable groups

As per Ministry of Health Announcement HERE:, 7,500 vaccination appointments are available for specific vulnerable groups on today 11 and 12 April. Until the 9th April, a total of 183,225 vaccinations were carried out (130.937 with...
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Ministry of Health Announcement – Differentiation of protocol for tracking COVID-19 cases in Schools

In the context of the detection of coronavirus cases, the Epidemiological Surveillance and Infectious Diseases Control Unit of the Ministry of Health has identified transmission chains in school units. Increased incidents in schools can spread...
Read More

FROM CAPITALISM TO TALENTISM – Event by CIBA in collaboration with Salesforce and Cedar Rose Int. Services Ltd. 🗓

CIBA is pleased to inform of an upcoming event in collaboration with Salesforce and Cedar Rose International Services Ltd. 22 April 2021 @ 6pm ONLINE ZOOM MEETING No participation fee but registration is required! REGISTER...
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TAKING CARE OF THE INTERNATIONAL BUSINESS COMMUNITY IN CYPRUS