VAT Returns – Cyprus


VAT Name :
Φόρος Προστιθέμενης Αξίας (ΦΠΑ) (Fóros Prastithémenes Axías)

VAT Number Format :
12345678X (9 characters. The last character must always be a letter)

VAT Information Offices :
Cyprus Tax Department
Corner of Michalaki Karaoli and Gregori Afxentiou Street
1096 Nicosia


RateTypeWhich goods or services
19%StandardAll other taxable goods and services
9%ReducedHotel accomodation; Restaurant and catering services; Cafes, Domestic passenger trasnport by road and sea
5%ReducedBooks (except e books), magazines and newspapers; Certain foodstuffs; Non alcholic beverages; Water supplies; Medical equipment for disabled persons; Childrens car seats; Writers and composers; Hairdressing; Pharmaceutical products; Medical equipment; Admission to cultural events and amusement parks; Admission to sports events and use of sports facilties; Social housing; Takeaway food (excl alcholic beverages); Works of art; Collectors items; Antiques; Domestic waste collection; Certain works to private dwellings
0%ZeroIntra EU and international transport; Goods purchased on international flights


  • Supplies in public interest (ambulance, hospital, postal services, not for profit organisations)
  • Financial and insurance services
  • Admission to sporting events, lotteries
  • Cultural services


Registration Threshold : EUR 15.600
– A voluntary registration can be made
Distance Selling Threshold : EUR 35.000
Intra-Community Acquisition Threshold : EUR 10.251,61
VAT Free Shopping for Tourists : EUR 50


Late Registration : EUR 85 (per month of delay)
Late Deregistration : EUR 85 (one off fee)
Late Submission : EUR 51 (per return)
Late Payment : 10% on amount due and 4% yearly interest (charged monthly)

– Similar penalties for late VIES and Intrastat returns
– High penalties for serious fraud


Assessment Period : 6 years
Time Limit for Adjustments : 3 years (which can be amended by the tax office)