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Protocol amending the Convention for the Avoidance of Double Taxation with respect to taxes on income and on capital between Cyprus and Germany signed

As announced by the Ministry of Finance, the Protocol for the Avoidance of Double Taxation with respect to Taxes on Income and on Capital was signed on February 19, 2021 in Lefkosia, between the Government of the Republic of Cyprus and the Federal Republic of Germany. On behalf of the Republic of Cyprus, the protocol […]

The framework for the prevention and suppression of money laundering is strengthened by the creation of a Register of Ultimate Beneficiary Owners (UBO)

The Ministry of Energy, Commerce and Industry welcomes the vote by the House of Representatives on the amendment of the Law on the Prevention and Combating of Money Laundering from Illegal Activities. The new provisions of the Law, deriving from the 5th European Directive (EU 2018/843, 30 May 2018), harmonize and strengthen the existing framework […]

Rapid antigen testing for employees and the general population – Testing units 19 February 2021

Aiming at the continuous surveillance of the community and the workplaces, the free programmes of rapid antigen testing of the general population and employees are in progress. For the smooth and safe operation of businesses that have been activated according to the Decrees, employers in businesses, as well as the Heads of Departments/Services in the […]

CIBA Announcement dated 19th February 2021 regarding Republic of Cyprus AML Law Developments

We would like to inform you that yesterday, 18th February 2021, the Plenary of the House of Representatives of the Republic of Cyprus has voted in favour of the enactment of the Prevention and Suppression of Money Laundering Activities (Amending) Law of 2021 (the Amending AML Law of 2021). To that effect, kindly see the […]

Resumption of flights and reopening of airports with additional security measures decided by the Council of Ministers

The Ministry of Transport, Communications and Works announces that the Council of Ministers has today made the following changes regarding the Action Plan for the gradual resumption of flights and the reopening of airports, which will take effect on March 1, 2021. The changes are as follows: For the countries of the European Union and […]

Rapid antigen testing for employees and the general population – Testing units 17 February 2021

Aiming at the continuous surveillance of the community and the workplaces, the free programmes of rapid antigen testing of the general population and employees are in progress. For the smooth and safe operation of businesses that have been activated according to the Decrees, employers in businesses, as well as the Heads of Departments/Services in the […]

COVID-19 – Countries epidemiological risk assessment for COVID-19, dated 17/2/2021 – Ministry of Health

The epidemiological image of various countries with regard to the COVID-19 disease has been re-evaluated by the Epidemiological Monitoring and Control of Infectious Diseases Unit of the Medical Services and the Public Health Services. The evaluation was based on the epidemiological indicators of the countries, such as: the effective reproduction number R(t) for SARS-CoV-2, the […]

Cyprus Agile; “Brexit Withdrawal agreement & professional education: the impact on the financial – Thursday February 25th, 1600-1800hrs

                            In close cooperation with the Cyprus International Institute of Management, we are happy to invite you to the online Masterclass dedicated to: “The Brexit Withdrawal Agreement & Professional Education: The Impact on the Financial industry’s professionals”. The discussion raises awareness about […]

COVID-19 Announcement – Rapid antigen testing for employees and the general population – Testing units, Friday, 12 February 2021

Aiming at the continuous surveillance of the epidemic picture in Cyprus, the Ministry of Health continues the free programs of rapid antigen testing of the general population and employees. The increased number of tests in the community constitutes a decisive factor of the strategy for the gradual lifting of the restrictive measures. For the smooth […]

COVID-19: Continuation of Antigen Testing by Authorities and clarification on Control Procedures

Additional clarification has been provided as part of the process for antigen testing of employees. As per Ministry of Health: Private organizations / companies and Services / Departments of the public and wider public sector must appoint a responsible person, who has the obligation to prepare and communicate to staff the weekly plan with the […]