News

We wish to inform you that the Statistics Department of the Central Bank of Cyprus has published the new “Ship Management Report”, which covers the period 1 July 2018 – 31 December 2018. The said report can be downloaded from the official website of the Central Bank of Cyprus using the following link: https://www.centralbank.cy/en/publications/ship-management-survey Should […]

Read MoreCentral Bank of Cyprus – “Ship Management Report” – 1 July 2018 – 31 December 2018

CIBA organised a presentation of the Cyprus Healthcare System in English at the Columbia Plaza, Limassol

Read MoreCyprus Healthcare System Presentation in English

Cyprus International Business Week 2019 – Monday the 6th – Friday the 10th of May 2019 – Limassol. The Cyprus International Businesses Association (CIBA) is proud to be the Lead Supporting partner of the 1st Cyprus International Business Week which is organized by Executive Peer Group (EPG) Summits.

Read MoreCyprus International Business Week 2019

Brexit Update: Tax Department issues guidance on VAT refunds, VIES and Intrastat declarations United Kingdom will be treated as a third country for VAT purposes after 29 March 2019 (subject to potential “deal” details and to postponement) With Brexit expected to materialise on 29.03.2019, the Cyprus Tax Department has issued a number of announcements relating […]

Read MoreBrexit Update: Tax Dept guidance on VAT refunds, VIES and Intrastat – Courtesy of EY

The Cyprus International Business Association (CIBA) would like to announce the recruitment of Mr.  Andreas Pishias as its General Secretary, as of 18th February 2019. Mr. Pishias, has extensive multi-country experience having worked with international research agencies as well as major multinationals both in Europe and the Middle East throughout his professional 20-year career.  He […]

Read MoreANNOUNCEMENT – Welcome new General Secretary of CIBA – Mr. Andreas Pishias

NEW MEMBERS 2018 ACTIVITY WEBSITE WISE WOLVES CAPITAL (EU) LTD. Fiduciary / Brokerage / Payments www.wise-wolves.com RARETRAIL HOLDING LIMITED Financial Services www.raretrail.com FINECISION ART LTD. Collectors and restorations of art  N/A EXNESS (CY) LTD. Investment Firm www.exness.com SYMEOU & KONNARIS LLC Law Firm www.sklaw.com FIBO GROUP HOLDINGS LTD. Investment Firm www.fibogroup.eu OIKOS GROUP Property Developers […]

Read MoreCIBA New Members 2018

      Please see the article of the President of CIBA, Mrs. Doxia Nikia Hadjivassiliou on pages 80-81, in the latest issue of the International Property & Travel Magazine        

Read MorePresident of CIBA’s article in the International Property & Travel Magazine – A Five-Star read

On 27/12/2018, the Cyprus Tax Authorities published a circular which come into force on 1 January 2019 and relates to VAT treatment on the ‘’effective transfer of the right to use’’ an immovable property. The long-term leasing of immovable property, for which the right to dispose the immovable property as owner or dispose the immovable […]

Read MoreVAT treatment for leasing of immovable property – Courtesy of Areti Charidemou & Associates LLC

The  European Bank for Reconstruction and Development has recently published a technical note describing the economic assessment methodology of EBRD projects with high greenhouse gas emissions, which can be accessed on the EBRD website at https://www.ebrd.com/news/publications/institutional-documents/methodology-for-the-economic-assessment-of-ebrd-projects-with-high-greenhouse-gasemissions.html. Click here to read the technical note:  EBRD-Carbon-Pricing-Methodology The technical note is a staff working document subject to revision […]

Read MoreShadow Carbon Pricing Methodology – Technical note by EBRD