News & Events

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Οι Απόψεις του ΚΕΒΕ σε Ενδεχόμενη Έξοδο του ΗΒ από την ΕΕ

Το ΚΕΒΕ έχει μελετήσει διεξοδικά το θέμα σχετικά με την ενδεχόμενη αποχώρηση της Βρετανίας από την Ε. Ένωση και το συμπέρασμα είναι πως ένα τέτοιο ενδεχόμενο σίγουρα δεν θα είναι προς το συμφέρον της Κύπρου.

Βέβαια θα πρέπει να λεχθεί εξ’ αρχής ότι το μόνο βέβαιο στο ενδεχόμενο ενός Brexit, είναι η αβεβαιότητα. Αβεβαιότητα τόσο για το ΗΒ και την Ευρωπαϊκή Ένωση περιλαμβανομένης βεβαίως και της Κύπρου.

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Update on the Cyprus Oil & Gas Industry

Cyprus is an island with less than 1 million inhabitants located at the northernmost tip of the African plate, which in the Middle East area contains 65% of the world oil deposits. Following speculation over many years that there may be vast amounts of natural gas in Cypriot territorial waters and the June 2010 discovery of 453bn cubic metres of useable gas in the Leviathan gas fields in Israel, the Cypriot drilling finally begun in 2012 by the US-based energy company Nobel Energy in the zone known as Block 12 (Aphrodite field), an 800,000-acre (1,250-square-mile) area in the Cyprus Exclusive Economic Zone (EEZ) southeast of the island and only 34km from the Leviathan gas fields.

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Of further interest

Touching upon issues which relate to and are useful to organisations, irrespective of size or industry. Helping to confront the challenges faced in these fast-moving times we conduct our businesses.

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Cyprus – Bahrain Double Tax Treaty

The new double taxation agreement between Cyprus and Bahrain was signed in Manama on 9.3.2015.

The agreement shall enter into the force on 1/1/2016.

The significant provisions of the agreement mostly based on the OECD Model agreement are:

The Cyprus taxes covered (article 2) are the income tax, the corporate income tax, the special contribution for the defence of the Republic and the capital gains tax.

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