NEWS

Extension of the deadline for submission of applications for the Special Plans of the Ministry of Labor (period: 1 July 2020 – 31 July 2020)

Due to the large number of requests for extension of the application period for participation in the Special Plans implemented for the period from 1 July 2020 to 31 July 2020, the Ministry of Labor,...
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Urgent Announcement – Minister of Health – New Measures as of Midnight tonight

As per latest press release of the Minister of Health, Here in Greek, the following complementary measures are effective as of Midnight tonight. It becomes mandatory for the general population to use a mask in closed crowded places (e.g....
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Announcement of the Ministry of Labor, Welfare and Social Insurance regarding the Special Support Plans

The Ministry of Labor, Welfare and Social Insurance announces that the Special Plans to Combat the Effects of Coronavirus COVID-19 Supplementary Decision (No. 39) of 2020 (KDP 333/2020) has been published today in the Official...
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Help Desk to support the electronic platform “CyprusFlightPass”

The Ministry of Transport, Communications and Works announces the operation of a help desk to assist passengers who intend to travel from abroad to Cyprus and may have queries regarding the use of the e-platform...
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CIBA – Actions in Parliament Announcement – In relation to the Discussions on Legislation on Cross Border Tax Arrangements

The Cyprus International Businesses Association has been monitoring and been part of the developments concerning the DAC-6 regulation that needs to be adopted by the Republic of Cyprus. The regulation which is an EU compulsory...
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Decisions of the Minister of Labor, Welfare and Social Insurance regarding the implementation of the Special Plans for the period July 2020

The Ministry of Labor, Welfare and Social Insurance announces that the Decisions of the Minister of Labor, Welfare and Social Insurance regarding the implementation of the Special Plans for addressing the effects of COVID 19,...
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Submission of Applications by Groups of Companies for participation in the plans of the Ministry of Labor

The Ministry of Labor, Welfare and Social Insurance announces that the Groups of Companies which wish that their companies engaged in the same economic activity be considered as a single application for participation of the...
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UK falls under Category B from 1 August 2020

The Ministry of Health, following a relevant decision taken during a meeting of the inter-ministerial committee with the members of the Advisory Scientific Committee, under the President of the Republic, on 3 July, 2020, announces...
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European Data Protection Board Frequently Asked Questions Document after the Maximillian Schrems II Court Decision

After the July 16th Decision of the Court of Justice of the European Union in Case C-311/18 -Data Protection Commissioner v Facebook Ireland Ltd and Maximillian Schrems, the European Data Protection Board (EDPB) issued an...
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Epidemiological risk assessment of countries in respect of the COVID-19 disease

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...
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Notice from the Office of the Personal Data Protection Commissioner regarding a decision of the EU Court of Justice to abolish the Privacy Shield

On 16 July 2020, the European Court of Justice (ECJ) issued a landmark ruling (See EDPB Announcement Here) abolishing the Privacy Shield, the legal tool that made the transfer of personal data free to the...
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Protocol for the Avoidance of Double Taxation with respect to Taxes on Income and on Capital signed between the Government of the Republic of Cyprus and the Swiss Federal Council Confederation

The Protocol for the Avoidance of Double Taxation with respect to Taxes on Income and on Capital was signed today July 20th 2020 in Nicosia between the Government of the Republic of Cyprus and the...
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Countries Epidemiological Risk Assessment for COVID 19, as announced by the Ministry of Health – effective as of 16 July 2020.

The epidemiological picture of the various countries was re-evaluated by the Infectious Diseases Surveillance and Control Unit of the Medical Services and Public Health Services, regarding COVID-19 disease. The assessment was based on the epidemiological...
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Mandatory completion of the Travel Card (CyprusFlightPass) for all passengers intending to travel to Cyprus

As Announced by the Ministry of Transport, Communications and Works, in accordance with Regulation 2.3 of the Infectious Diseases (Determination of Measures to Prevent the Spread of the COVID-19 Coronavirus) Decree (No.31) of 2020 (R.A.A....
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Notification of the Tax Department for the payment of VAT

VAT payment for the Tax Period ending 31/5/2020  The Tax Department informs that, for the tax VAT return for the period ending on 31/5/2020, the deadline for submitting the VAT Declaration and Payment is July...
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Subsidy for Interest on New Business Loans as announced by the Ministry of Finance

The Ministry of Finance has provided details into the plan of subsidizing interest for new business loans on July 6th as follows: The Ministry of Finance announces that the following Licensed Credit Institutions (APIs) have...
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Issuance of a certificate of settlement of tax liabilities, for purposes of the new mortgage subsidy plan

The Tax Department informs that the following procedure will be followed for the issuance of a certificate of settlement of tax liabilities for the purposes of the new mortgage subsidy plan: 1. SUBMISSION OF APPLICATION...
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Travel advice of the Ministry of Foreign Affairs for the Coronavirus COVID-19 – All other countries except those is category Α and Β

The Ministry of Foreign Affairs has issued Travel Advice pertaining to countries not included in Category A or B as defined below: Concerned countries: All Countries except those listed in Categories A, (Australia, Austria, Canada,...
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Deadline for electronic submission of applications for participation in the Special Plans

The Ministry of Labor, Welfare and Social Security announces that the deadline for electronic submission of applications for participation in the Special Plans for the period from 13 June 2020 to 30 June 2020, is Monday,...
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The payment of the one-off Lump Sum for the support of small and very small enterprises and the Self-Employee has begun

As per Ministry of Labour Announcement Here in Greek, The Ministries of Finance and Labor, Welfare and Social Security announce that the payment of the lump sum for the Support of small and very small businesses and...
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