VAT Atlas · entry № 05 · current as of April 2026
🇨🇾
Republic of
Cyprus
Member of EU · Euro · code CYStandard VAT rate, reduced categories, registration thresholds, and e-invoicing rules for Cyprus.
Standard rate
19%
Reduced 9% restaurants, hotels, transport
Reduced 5% food, books, pharmaceuticals, water
Zero-rated 0% exports, intra-EU supplies
Threshold 15 600 EUR
Filing Quarterly
§ Invoicing rules what you need to know
Tax authority Tax Department, Ministry of Finance
Invoice language Greek or English
Reverse charge Reverse charge applies to intra-EU B2B services and supplies of certain goods like scrap metal and building materials.
Digital services B2C digital services to Cypriot consumers are taxed at 19%. Non-EU suppliers must register via the OSS scheme.
Penalties Late VAT returns incur a penalty of €50 per month of delay. Late payment triggers interest at 1.75% per month on the outstanding amount.
Invoice requirements
- Sequential invoice numbering required
- Both parties’ VAT numbers must be shown
- Invoice must include date of supply and a clear description of goods/services
- VAT amount and rate must be separately stated
- Invoices must be stored for 6 years
Frequently Asked Questions
What is the standard VAT rate in Cyprus?
The standard VAT rate in Cyprus is 19%.
What are the reduced VAT rates in Cyprus?
9% (Reduced): applies to restaurants, hotels, transport. 5% (Reduced): applies to food, books, pharmaceuticals, water.
What is the VAT registration threshold in Cyprus?
The VAT registration threshold in Cyprus is 15 600 EUR.
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