News

The members of the Cyprus International Businesses Association raised the amount of EUR 2.585,00 for the Panos Evripidou Foundation, at a summer social event, held on the 18th July 2019 […]

Read MoreCIBA Charity summer social event at La Isla 18th July 2019

What is the impact on your business – What are the next steps? Further to the amending VAT legislation (effective from 1 January 2019 & covered in our June VAT […]

Read MoreKey Update from Cyprus Tax Department: Circular 235 clarifies VAT treatment of vouchers – Courtesy of EY

A CIBA delegation met with the Governor of the Cyprus Central Bank on July 16th in Nicosia. The initiative was undertaken to inform the Central Bank with regards to the […]

Read MoreCIBA delegation meets with the Governor of the Central Bank of Cyprus

The Board of the Cyprus International Businesses Association took part in a one day workshop, facilitated by Human Asset – a member company of the Association – the outcome of […]

Read MoreConstantly Assessing and Developing the Role of CIBA – A strategic Overview Session by the Executive Committee (to be continued)

Please be reminded that the 1st of August 2019 is the deadline for the payment of the final tax for the year 2018 for companies and self-employed individuals preparing audited […]

Read MorePayment of final tax for the year 2018 for companies and self-employed individuals preparing audited financial statements – Courtesy of Deloitte

On 26 June 2019 an amendment to the Special Defence Contribution (SDC) Law was published in the Official Government Gazette. According to the amendment, effective from 26 June 2019, the […]

Read MoreReduction of SDC rate applicable on interest income received by Cyprus tax resident domiciled individuals from corporate bonds – Courtesy of Deloitte

Release of circular amending eligibility criteria for VAT recovery on bad debts Refresher of the Case As previously mention in an earlier newsletter, in the case of C-127/18, the Court […]

Read MoreImportant Update from the Cypriot VAT Authorities – Courtesy of EY

Date and Time: 18th July 2019 – 7.30 pm Venue: La Isla, Limassol Cost per Ticket: EUR 25.00 (includes one drink with cheese platter to share and the chance to […]

Read MoreCIBA MEMBERS UNITE TO RAISE MONEY FOR PANOS EVRIPIDOU FOUNDATION

CJEU Case Update of importance for Cyprus VAT practice: Does a Board Member constitute a taxable person for VAT purposes? Director Fees VAT treatment determined on factual specifics with cost […]

Read MoreCJEU Case Update of importance for Cyprus VAT practice – Courtesy of EY

CIBA was a proud supporter of the CYPRUS IT FORUM where 300+ IT businessmen, investors and government officials got together to discuss the micro- and macro developments in the IT […]

Read MoreCIBA SUPPORTED THE CYPRUS IT FORUM held at the Parklane Hotel in May 2019