The number includes an estimation of the population of occupied Cyprus. The population in the government controlled area is estimated at 749.200 (Jan 2005) compared to 730.400 in the previous year.
The indicator gives the price in Euro of a 10 minute call at 11 a.m. on a weekday (including VAT) for a local / national call (3km / 200km). The prices refer to August each year. Normal tariffs without special rates are used.
The indicator gives the price in Euro of a 10 minute call at 11 a.m. on a weekday (including VAT) for an international call (to the United States). The prices refer to August each year. Normal tariffs of the incumbent operator without special rates are used.
Based on a rate of exchange: C£1 = €1,7336
Provisional Figures.
(a) Third country nationals: In the case of executives, the application (Form M61) is submitted to the Civil Registry and Migration Department. For non-executives the application (M61) is submitted to the District Aliens and Immigration Branch of the Police. The application must be accompanied by a contract of employment stamped by the Labour Office. Application fee £20.
(b) EU Nationals: In the case of executives, the application (Form MEU1/MEU2) is submitted to the Civil Registry and Migration Department. For non-executives the application (Form MEU1/MEU2) is submitted to the District Aliens and Immigration Branch of the Police.
Application fee £5.
The term "ship management services" includes crew recruitment, plus services in relation to technical and financial management of the ship, under certain conditions. It must be noted that the special tax regime of shipmanagers operating in the Republic of Cyprus, offers now the possibility for the shipmanagers to be exempted from the relevant tax in respect also of any Community ship to which the provision of shipmanagement services in relation to its crewing and technical management is entirely contracted to a Cyprus or a Community ship management company, which has an office in Cyprus staffed with a sufficient in number and qualifications personnel, for technical, administration and accounting matters relating to ships.
Provided the direct holding is at least 1% of the share capital of the overseas company. The exemption does not apply if the subsidiary company engages in more than 50% of its activities in producing investment income and the foreign tax burden on its income is substantially lower than that in Cyprus.
As defined under the Statistical Classification of Economic Activities NACE, Rev.1.1 of the European Union.
Based on the new Commission Recommendation of 2003/361/EC by EC, an enterprise is considered to be any entity engaged in an economic activity, irrespective of its legal form. This includes, in particular, self-employed persons and family businesses engaged in craft or other activities, and partnerships or associations regularly engaged in an economic activity.
Enterprise Category
Headcount
Turnover
and/or
Balance Sheet
Medium-sized
< 250
< € 50 million
< € 43 million
Small
< 50
< € 10 million
< € 10 million
Micro
< 10
< € 2 million
< € 2 million
According to the Commission Regulation (EC) No 69/2001 of 12 January 2001, the De Minimis Rule imposes that:
The total De Minimis Aid granted to any one enterprise shall not exceed C£57.000 (€100.000) over any period of three years beginning from the time that the first De Minimis Aid is granted.
This ceiling shall apply irrespective of the form of the aid or the objective pursued.
The ceiling shall be expressed as a cash grant.
The ceiling will apply to the total of all public assistance considered to be De Minimis Aid.
This Regulation applies to aid granted to enterprises in all sectors, with the exception of:
(a) The transport sector and the activities linked to the production, processing or marketing of products listed in Annex 1 of the EC Treaty.
(b) Aid to export-related activities, namely aid directly linked to the quantities exported, to the establishment and operation of a distribution network or to other current expenditure linked to the export activity.
(c) Aid contingent upon the use of domestic over imported goods.
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