Cyprus VAT registration
What are the Cyprus VAT registration thresholds
For non-resident companies trading in Cyprus that are tax registered in their home country, the VAT registration threshold is nil.
For EU VAT registered companies selling goods over the internet to consumers in Cyprus, the VAT registration threshold (distance selling) is €35,000 per annum. The VAT threshold for distance selling of excise goods (for example, alcohol, tobacco, etc) is nil.
What information is required to get a Cyprus VAT number and registration
The Cyprus tax department will require the appropriate forms to be completed, and submitted with the following documentation:
- VAT certificate to prove the business is registered for VAT elsewhere in the EU, if appropriate
- Articles of Association
- Memorandum
- Copy of identity cards or passports of directors
- Evidence that the value of taxable supplies has exceeded the registration threshold
What is the format of a Cyprus VAT number
The VAT Department usually assigns a unique VAT number to the business on the day the registration is received or within three days at the latest. All EU member states have a fixed format for their VAT numbers.
Cypriot VAT Number Format
What next
Once a business has its VAT number, it is free to commence trading, and charging Cyprus VAT. It must comply with the Cyprus VAT compliance rules, and file regular returns (see Cyprus VAT Returns briefing).
Other resources
This guide covers the essential steps ecommerce sellers need to take now that the UK has left the EU Customs Union and VAT regime to keep their cross-border sales going, avoid extra tax costs and frustrated customers.
Read the report to learn about key industry trends, emerging issues, and challenges faced by cross-border sellers and shippers.
Manage international tax with cross-border solutions for VAT, HS code classification, trade restrictions, and more.
