Cyprus EC Sales List

If a Cyprus VAT registered business, resident or non-resident, is selling goods or services to other VAT registered companies in Europe, then an EC Sales List (ESL) return may be required. These may also be known as recapitulative statements. This is in addition to the regular Cyprus VAT return or Cyprus Intrastat.

When do Cyprus EU Sales List reports have to be completed?

If a Cyprus VAT registered business completes an intra-community supply, a sale to another EU VAT registered business of goods or services across the Cyprus border, then this may have to be reported in the ESL. Registration for ESL will take place automatically when registering with the Cyprus VAT authorities. There is no reporting threshold.

When should Cyprus ESL’s be filed?

The filing date is the 15h of the month (or the next business day if this falls on a holiday or weekend) following the reporting period (monthly/quarterly) end.

Cyprus ESL filings are made online. There may be a fine of up to €5,000 for late or incorrect Cyprus ESL filings.

Need help with your Cypriot VAT compliance?

Researching Cypriot VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

Latest Cypriot news

EU VAT and tax veto review

January 25, 2019

The European Commission (EC) has proposed switching from unanimous to majority voting on EU VAT and other tax policies.  The aim is to progress fiscal reforms which face immovable opposition from just a limited number of member states. 

EU implements VAT generalised reverse charge

January 09, 2019

The EU VAT Directive has been updated from 1 January 2019 to introduce a voluntary generalised reverse charge measure on domestic transactions in member states.

EU e-book VAT rate cuts

December 28, 2018

Following agreement by EU member states to permit cutting the VAT rate on e-books and online journals to match the reduced/zero rating permitted on their paper-based equivalents, the following countries have already announced reductions...