NEWS

Central Bank of Cyprus – “Ship Management Report” – 1 July 2018 – 31 December 2018 🗺

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...
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Cyprus Healthcare System Presentation in English

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

The European Commission issues Notices on the legal and practical implications of the withdrawal of the United Kingdom from the European Union. These Notices aim at preparing citizens and stakeholders for the withdrawal of the...
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Cyprus International Business Week 2019

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

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...
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CIIM Training Calendar 2019

Please click here to access the Training Calendar of CIIM for 2019! For further information and to book please contact:- Helen Lambrou Market Development and Sales Manager CIIM Limassol T: 25 87 87 82, F: 25...
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ANNOUNCEMENT – Welcome new General Secretary of CIBA – Mr. Andreas Pishias

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...
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CIBA New Members 2018

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

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

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...
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Shadow Carbon Pricing Methodology – Technical note by EBRD

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...
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VAT treatment for leasing of immovable property – Courtesy of Areti Charidemou & Associates LLC

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...
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CIBA 2018 ANNUAL GENERAL MEETING

The Cyprus International Businesses Association, celebrated its 25th Annual General Meeting at the Amathus Hotel in Limassol, with exclusive sponsor ASTROBANK.  Present at the AGM was the Chairman of ASTROBANK, Mr. Shadi A. Karam, who...
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CYPRUS – RUSSIA: THE END OF STORY OR A NEW ROMANCE? A CASE STUDY FOR BUSINESS TO PREVENT TAX DISPUTES

CIBA supported with great success the Conference “Cyprus – Russia: the end of story or a new romance? A case study for business to prevent tax disputes” which was organised by Eurofast and Pepeliaev Group....
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COUNTRY-BY-COUNTRY REPORTING OBLIGATIONS RELATED TO CBCR EXCHANGE RELATIONSHIPS – COURTESY OF EY

CYPRUS ISSUES ANNOUNCEMENT ON COUNTRY-BY- COUNTRY REPORTING OBLIGATIONS RELATED TO CBCR EXCHANGE RELATIONSHIPS On 19 September 2018, the Cypriot Tax Department issued an announcement regarding Country-by-Country Reporting (CbCR) obligations related to CbCR exchange relationships as...
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CIBA SUPPORTS PROPOSAL FOR THE ESTABLISHMENT OF A TRANSPORT ANALYTICS CENTRE OF EXCELLENCE (TRACE) IN CYPRUS

CIBA is pleased to announce that it is supporting the proposal for the establishment of a Transport Analytics Centre of Excellence (TrACE) in Cyprus, through the WIDESPREAD-2017, TEAMING Horizon 2020 programme. The transportation industry is...
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RESULTS OF SURVEY BY EU COMMISSION REGARDING THE CHANGE OF CLOCK TO SUMMER/WINTER TIME

To see the results of the survey conducted by the European Commission, regarding the change of clock between summer and winter time, please follow the link below:- https://www.dw.com/en/eu-to-stop-changing-the-clocks-juncker-pledges/a-45300586
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2018-2019 CYPRUS COUNTRY REPORT

We are pleased to inform you that the 2018-2019 Cyprus Country Report is now live. The Report includes in-depth interviews with the President of the Republic of Cyprus, Minister of Energy, Commerce, Industry and Tourism...
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SURVEY BY EU COMMISSION REGARDING THE CHANGE OF CLOCK TO SUMMER/WINTER TIME

Initiative by the European Commission regarding abolishing the daylight saving time. Take 2 minutes to express your views on the above mentioned subject via the link below:- https://ec.europa.eu/info/consultations/2018-summertime-arrangements_en Make your voice heard – complete and submit the...
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ELECTRONIC SUBMISSION OF THE 2017 PERSONAL INCOME TAX RETURNS (T.D.1) – COURTESY OF EY

Electronic submission of the 2017 Personal Income Tax Returns (T.D.1) for employees and self-employed Further to a recent announcement of the Tax Department of Cyprus, the Taxisnet System (https://taxisnet.mof.gov.cy) is now open and can also...
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