The Cyprus International Businesses Association, celebrated its 26th Annual General Meeting at the Parklane Hotel in Limassol, with exclusive sponsor AMDOCS. Present at the AGM was the Site Manager of Amdocs, Mr. Yiannis Tinis, who...Read More
In view of the upcoming CIBA 2019 ANNUAL GENERAL MEETING, we are pleased to attach hereto the Financial Statements of our Association, as at 31 December 2018, for your consideration. The FS 2018 have been...Read More
All Cyprus companies have an obligation to file to the Registrar of Companies an Annual Return (HE32), which must be accompanied by the audited financial statements of the previous year. The Annual Returns (HE32) are...Read More
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 January 2019 – 30 June 2019. The said...Read More
The Protocol was agreed in 2015 and was ratified by the Cypriot Government on 11 December 2015. On 30 October 2019, the Ukrainian parliament approved the ratification of the protocol. Thus, the Protocol is now...Read More
Following recent amendments to the Cyprus Companies Law, Cap. 113 (“the Law”), the Registrar of Companies will impose administrative penalties on certain filings submitted after the prescribed timeframes as provided by the Law. The imposition...Read More
The Cyprus Ministry of Finance has announced that Cyprus and the Arab Republic of Egypt signed a new double tax treaty on 8th October 2019. For further information click on the link below:- PwC direct-tax-update-n-12-2019-cyprus-egypt-double-tax-treatyRead More
The EU blacklist, first adopted on December 5, 2017, is part of the EU’s effort to clamp down on tax avoidance and harmful tax practices. Out of the ninety-two jurisdictions initially chosen for screening, seventeen...Read More
The Cypriot Tax Department has published the 2018 income tax return for companies. The only difference between the 2018 and 2017 income tax return template is an addition made in Part 3 – “Computation of...Read More
It is CIBA’s stated aim to provide tangible value to its member companies and even more so in the field of Education. To this end, CIBA announces its agreement with the Cyprus International Institute of...Read More
The General Secretary of CIBA Mr. Andreas Pishias together with other key associations and members of the business community in Cyprus met with the British Government’s Secretary of State for Exiting the European Union The...Read More
Salary SurveyLaunch of interactive platform Human Asset Ltd, a member company of CIBA, operating in the HR Advisory Field, is conducting an innovative interactive Salary Survey. In this survey all companies can participate as they...Read More
Earlier this year the United States Treasury Department’s Office of Foreign Assets Control (OFAC) has published a “Framework for OFAC Compliance Commitments” in order to provide organizations subject to U.S. jurisdiction, as well as foreign...Read More
CIBA announces upcoming collaboration with QUBE Events! QUBE Events is organising the Financial Innovation Forum 2019 which is an elite platform of international industry experts gathered for engaging discussions on the latest developments, trends, best...Read More
Due to unforeseen circumstances on behalf of the Bank of Cyprus Compliance Department, this event has been postponed for October 2019. We apologize for the inconvenience that may be caused and will revert with new...Read More
The following guides have been made available courtesy of EY. 2019 Worldwide Corporate Tax Guide, 2019 Worldwide VAT, GST and Sales Tax Guide, 2018-19 Worldwide TP Reference Guide all of which provide information regarding the...Read More
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 at La Isla in Limassol....Read More
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 Newsletter) on the VAT treatment...Read More
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 specific issues faced by the...Read More
