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This guide provides an overview of VAT (Value Added Tax) in Cyprus, covering applicable rates, registration requirements, invoicing rules, compliance obligations, and filing deadlines. It is intended for businesses engaging in transactions within Cyprus or with Cypriot customers.
Cyprus’s VAT system is governed by the Cyprus VAT Act, which aligns with the EU VAT Directive. VAT applies to most goods and services within Cyprus, as well as on imports.
Euro (€)
CY followed by 8 digits and a letter (e.g., CY12345678X)
Yes, required for non-EU businesses conducting VAT-related activities in Cyprus.
Yes, available for businesses below the threshold.
| Rate | Rate Type | Description |
| 19% | Standard Rate | Applies to most goods and services |
| 9% | Reduced Rate | Applies to certain hospitality services, transportation services and medical equipment |
| 5% | Reduced Rate | Applies to books, pharmaceuticals, refuse and waste treatment and some food products |
| 3% | Reduced Rate (Effective from 13 July 2023) | Applies to books, newspapers, orthopedic items and street and waste treatment and cleaning items |
| 0% | Zero Rated | Applies to the supply, lease and repair of seagoing vehicles and aircrafts, Braille type writers, vehicles for disabled persons, some food and baby products. |
| Business Type | VAT Registration Threshold |
| Resident Businesses | EUR 15,600 per annum |
| Non-Resident Businesses | No threshold; registration required for any taxable activity in Cyprus |
| Distance Selling | EUR 10.000 |
| Intra Community Acquisitions | EUR 10.251 |
| Frequency | Filing Deadline | Payment Deadline |
| Quarterly | 10th day of the second month following the quarter | 10th day of the second month following the quarter |
| VAT on Cross-Border Electronically Supplied Services | Yes |
| VAT Rate on Digital Services | 19% |
| Threshold for Registration | EUR 10,000 per calendar year for EU-based businesses; no threshold for non-EU businesses |
| VAT on B2B Sales | Reverse charge mechanism applies |
Cyprus applies VAT on digital services based on the consumer’s location, generally utilizing the OSS system for EU cross-border services.
Access to electronic newspapers and periodicals may be exempt under specific conditions, typically for educational or public interest purposes.
For B2B, B2C and business-to-government (B2G) supplies, electronic invoicing is allowed but not mandatory in Cyprus.
Cyprus requires digital reporting of VAT-related transactions through the electronic platform provided by the Cypriot tax authorities
Disclaimer: This guide is for informational purposes only and may not cover all aspects of Cypriot VAT. Consult one of our tax professionals for specific guidance regarding your business.
| Pos. | Username | Country | Score |
|---|---|---|---|
| 1 | marko.kangasmaki@solnet.group | Finland | 100 % |
| 2 | Connor | Afghanistan | 92 % |
| 3 | Plrstrive | United Kingdom | 92 % |
| 4 | elkeg | Netherlands | 92 % |
| 5 | Cait | South Africa | 92 % |
| 6 | Chilli Dev | South Africa | 92 % |
| 7 | Brett | South Africa | 83 % |
| 8 | Quizard | South Africa | 83 % |
| 9 | Quinny Ness | South Africa | 75 % |
| 10 | Bronwynm | South Africa | 75 % |
