NEWS

Speech of the President of CIBA Mrs. Doxia Nikia Hadjivassiliou – 27th Annual General Meeting online meeting (members only) held on 2nd December 2020

We wish to thank all the members that attended the online ZOOM 27th Annual General Meeting of the Cyprus International Businesses Association which was held on 2nd December 2020. We are pleased to include the...
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Measures to contain the COVID-19 Pandemic – Details on the measures announced on December 9th, 2020

Further official clarification has been issued by the Ministry of Health on the measures to contain the COVID-19 Pandemic. With effect from 11/12/2020 (6.00 am) until 31/12/2020 (5.00 am). The movement of persons is prohibited...
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COVID 19 – Decisions of the Council of Ministers to Stop the COVID-19 pandemic – Minister of Health Announcement, 09/12/2020

Below is a summary of the latest measures announced just now by the Minister of Health Mr. Constantinos Ioannou. The full text of his speech in Greek can be found Here. As translated unofficially, the Minister’s...
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Online Masterclass – The New World of Investment Screening – Examining the Eu Foreign Direct Investment 🗓

The Online Masterclass event on “The New World of Investment Screening” will be held Wednesday December 9th,2020. The Masterclass will look into the EU Foreign Direct Investment Screening Regulation. This is the screening procedure on external investment into the EU...
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COVID Update – The Council of Ministers approves the amended Action Plan for the gradual resumption of flights and the reopening of airports

As per the Decision of the Council of Ministers: The amended draft, which was prepared by the Inter-ministerial Committee and approved today by the Council of Ministers, provides, inter alia, for the following: For the...
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CIBA Financial Statements of CIBA for the year ended 31 December 2019 – Prepared by PwC

In view of the upcoming CIBA 2020 ANNUAL GENERAL MEETING, we are pleased to attach hereto the Financial Statements of our Association, as at 31 December 2019, for your consideration. The FS 2019 have been...
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Extended deadline for submission of 2019 personal income tax returns and for the payment of tax – Courtesy of Deloitte

In accordance with a Decree issued on 27 November 2020, the following deadlines are extended to 15 December 2020: Electronic submission of the 2019 personal income tax return by employees and pensioners (TD1 – Employee)...
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COVID-19; Minister of Health Announcement on further Government Decisions, 27/11/20

As per latest announcement by the Minister of Health, Mr. Constantinos Ioannou ((here in Greek) here are the key comments isolated from the Minister’s speech in Greek: “Lately the Health System is under pressure. The patients...
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Announcement from the Civil Registry and Migration Department as regards the issuance of MEU1 and MEU3 to British citizens and their family members

Due to the citizen movement restrictions to and from districts, which are imposed at regular intervals, due to the covid-19 Pandemic, the Civil Registry and Migration Department, calls British citizens and their family members, to...
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COVID-19 – The population testing program with the method of rapid antigen detection continues with 16 testing locations as of tomorrow November 20th 🗓

As per the Ministry of Health Announcement, the population control program with the method of rapid antigen detection, which takes place from November 16, continues in the following days. Wanting to cover more communities, the...
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COVID-19 – Ministry of Health – Prohibition of travel to and from the Provinces of Limassol and Paphos – 12/11/2020

Unofficial translation of the details released that relate to the Prohibition of Travel. Following the emergency measures announced yesterday to curb the coronavirus pandemic in the Limassol and Paphos Provinces, it is clarified that the movement...
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COVID-19 – Joint Conference of Minister of Finance and Minister of Labour on the new Support Package

The Minister of Finance and the Minister of Labour held a joint conference today here in Greek, announcing key support measures for those affected by the latest lockdown. Briefly the measures announced are the following: Employee subsidy...
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COVID-19 – Update on Restrictive Measures as communicated by the Minister of Health Mr. Constantinos Ioannou – 11/11/2020

As per Ministry of Health announcement Full Text in Greek key measures have been agreed at a national and local level (for Limassol and Paphos at this stage). The final decisions were taken in line with the recommendations...
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COVID-19 Epidemiological risk assessment of countries concerning COVID-19, dated 06/11/2020, effective as of November 9th, 2020

As per Ministry of Health Announcement, the epidemiological picture 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...
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COVID-19 Update 05.11/20- Measures as announced by the Minister of Health Mr Constantinos Ioannou

As per speech of the Minister of Health, Mr. Constantinos Ioannou Here in English, the following measures announced are categorized in three groups as follows: Category A. Medium-term measures in force across Cyprus for the...
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Country Profiler – 2020 Cyprus Country Report

We are pleased to inform you that the 2020 Cyprus Country Report is now live. The 2020 Cyprus Country Report features in-depth articles on the economy, foreign direct investment, international trade and headquartering as well...
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Ship Management Report – 2020H1

The Statistics Department of the Central Bank of Cyprus has today published the new “Ship Management Report”, which covers the period 1 January 2020 – 30 June 2020. The said report can be downloaded from...
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Tax Department announces that Taxable Persons can pay the VAT Amounts due that were suspended until 10 November 2020 in instalments

As per Tax Department Announcement, Law 147(I)/2020, taxable persons are entitled to pay the VAT due which was suspended until 10 November, 2020 in the context of managing the effects of the COVID pandemic –...
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The Revised Border Model to be applied as of 1 January 2021 between the UK and EU was issued

As per latest discussion with the British High Commission’s Department for International Trade, the UK Government has issued a revised Border Operating Model – The Border with the European Union – Importing and Exporting Goods....
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COVID-19 – Improvement on the briefing procedures of persons testing positive for the virus and their close contacts

As per Ministry of Health Announcement, in the light of the increased COVID-19 cases being recorded daily and in an effort to improve on the briefing procedures of persons testing positive to the virus as...
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