VAT
Overview
Vat is commonly known as consumers’ tax and is an indirect tax imposed on the supply of goods and on the provision of services. The local authorities are closely monitor the companies and natural persons with operating activities in Cyprus. Vat authorities are strict for matters relating to supervising and compliance.
The limit for compulsory registration is €15,600 (gross turnover) within the 12 preceding months.
We offer the following services:
- Vat registration
- Vat advice on requested transactions
- Vat ruling
- Vat reporting and filing
- Vat accounting and bookkeeping (for individuals / for companies)