News

CYPRUS’ PUBLIC CONSULTATION ON THE EU’S ANTI-TAX AVOIDANCE DIRECTIVES – COURTESY OF PWC

The Cyprus tax authority (CTA) opened on 14 November 2017 a public consultation on Cyprus’ transposition into national law of the two EU Directives on anti-tax avoidance (ATAD1 & ATAD2). The CTA has published, in the Greek language, the wording of an initial draft bill (the Consultation Document) and seeks comments and suggestions in order […]

EXTENSION OF COUNTRY-BY-COUNTRY REPORTING DEADLINES – COURTESY OF DELOITTE

On 11 December 2017, the Cyprus Tax Department (CTD) announced the extension of certain deadlines related to Country-by-Country (CbC) Reporting. Αs 2017 is the first year that CbC filings become due, the extensions will facilitate the compliance of taxpayers with the new legislation. Submission of CbC Reports for 2016 Reporting Fiscal Year An extension has […]

CIBA 2017 AGM

The CIBA 24th Annual General Meeting took place with great success at the Amathus Hotel in Limassol,  with exclusive sponsor Oxley Holdings Limited. Present at the AGM was the Executive Chairman and CEO of the Oxley Group, Mr Ching Chiat Kwong,  who was invited to give a brief welcome at the start of the AGM. […]

CIIM IN COLLABORATION WITH THE SIMERINI NEWSPAPER IS PROUD TO ANNOUNCE 5 FULL SCHOLARSHIPS

CIIM in collaboration with the Simerini Newspaper is proud to announce 5 Full Scholarships for the following postgraduate programmes: • Master in Business Administration (MBA) • MSc in Human Resources Management and Organisational Behaviour • MSc in Financial Services • MSc in Business Management • MSc στην Εκπαιδευτική Ηγεσία & Διοίκηση (Greek) Partial Scholarships of up to 50% on tuition fees are […]

CIBA EVENT WITH SPEAKER THE MINISTER OF HEALTH, DR. GEORGE PAMBORIDES

The Minister of Health, Dr. George Pamborides, accepted an invitation from the Cyprus International Businesses Association (CIBA) to inform the members regarding the National Healthcare Scheme and the reform thereof. This event took place at the Amathus Hotel in Limassol. In his presentation the Minister gave an overview of the Cyprus National Healthcare Scheme, stating amongst […]

CYPRUS-IRAN DOUBLE TAX TREATY TO COME INTO EFFECT ON 1 JANUARY 2018 – COURTESY OF EY

Cyprus and Iran signed an Income Tax Treaty, on 4 August 2015, for the avoidance of double taxation and fiscal evasion with respect to taxes on income (the Treaty). The Treaty entered into force on 5 March 2017 and will come into effect on 1 January 2018. With this new Treaty, Cyprus has further expanded […]

“SONGA OFFSHORE FROM THE ASHES TO THE FIRE – A CYPRIOT ENERGY SERVICE COMPANY SUCCESS STORY”

The Cyprus International Businesses Association (CIBA) in collaboration with the Norwegian Business Association Cyprus (NBAC) held an event entitled “Songa Offshore from the ashes to the fire – A Cypriot Energy Service Company Success Story” with guest speaker, Mr. Bjørnar Iversen, the CEO of Songa Offshore SE. Mr. Iversen enlightened the esteemed audience, regarding the financial […]

CHRISTMAS CHAMPAGNE GALA DINNER & AWARD CEREMONY 1ST DECEMBER 2017 FOUR SEASONS HOTEL

CIBA is pleased to announce its support of the Christmas Champagne Gala Dinner & Award Ceremony of the Russian Businesswoman of the year 2017, which is organised by the Cyprus Russia Business Association. This event will be held on Friday 1st December, 2017 at the Four Seasons Hotel in Limassol at 8pm. Follow the link http://www.cyprus-russian.org.cy/awards/ to read more […]