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VISIBLE
CIBA promotes, connects and adds value
to companies operating in Cyprus!
WE ADD VALUE TO
YOUR SUBSTANCE
CIBA promotes, connects and adds value
to companies operating in Cyprus!

LATEST NEWS AND ANNOUNCEMENTS REGARDING COVID-19

Epidemiological risk assessment of countries concerning COVID-19, dated 13/09/2021, effective as of September 16, 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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Epidemiological risk assessment of countries concerning COVID-19, dated 06/09/2021, effective as of September 9th

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...
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Epidemiological risk assessment of countries concerning COVID-19, dated 30/8/2021, effective on 2 September 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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Epidemiological risk assessment of countries concerning COVID-19, effective as of 26/8/2021

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...
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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.

GOVERNMENT USEFUL LINKS

SPOTLIGHT ON

GOVERNMENT USEFUL LINKS

UBO Registry

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.

SPONSORS

LATEST NEWS

Complementary Seats available for CIBA members on Microsoft Classes with New Horizons 🗓

Always vying to provide value to you, we have agreed on a series of training on Microsoft in cooperation with New Horizons Computer Learning Centres.  CIBA members will receive the following trainings on a complementary...
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The Gemstone, Emerald by Island Blue

We are pleased to announce that Island Blue has completed yet another masterpiece to add to its selection. Emerald development, a true gem consisting of 4 floors with six bright and spacious apartments. These exquisite...
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CYBARCO presents THE TRILOGY PENTHOUSE

The Trilogy Penthouse – YouTube Take to the skies in Trilogy’s graceful penthouse, the epitome of Mediterranean high-life on the Limassol seafront. Meet exclusively with our team, to create your own bespoke home across the...
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Epidemiological risk assessment of countries concerning COVID-19, dated 13/09/2021, effective as of September 16, 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...
Read More

TAKING CARE OF THE INTERNATIONAL BUSINESS COMMUNITY IN CYPRUS