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Ι(Ι) Αρ. 5089, 24.4.2026; Tax Department announcement 04.05.2026","url":"https://www.gov.cy/media/sites/167/2026/01/%CE%9D-109%CE%992026-24-4-2026.pdf"}},{"key":"vat_renovation_min_age_years","category":"VAT","label":"Renovation 5%: minimum age of the home","value":3,"unit":"years","display":"3 years","applies_to":"Renovation and repair of homes at least 3 years from first occupation","effective_from":"2007-10-19","source":{"title":"Interpretative Circular ΕΕ 199 (29.12.2015); Tax Department – Φ.Π.Α. και Ακίνητη Ιδιοκτησία; Fifth Annex Table B para 11","url":"https://www.gov.cy/media/sites/167/2026/06/EE-199.pdf"}},{"key":"vat_renovation_materials_cap","category":"VAT","label":"Renovation 5%: materials share limit","value":50,"unit":"%","display":"50%","applies_to":"Materials stay at 5% only up to this share of the service value; above it they are at 19%","effective_from":"2007-10-19","source":{"title":"Interpretative Circular ΕΕ 199; Fifth Annex Table B para 11","url":"https://www.gov.cy/media/sites/167/2026/06/EE-199.pdf"}},{"key":"vat_renovation_residence","category":"VAT","label":"Renovation 5%: use of the home","value":"The home must be used as a residence (not necessarily the main and permanent one)","unit":"text","display":"The home must be used as a residence (not necessarily the main and permanent one)","applies_to":"Renovation and repair of private homes","effective_from":"2015-12-04","source":{"title":"Ο περί ΦΠΑ Νόμος 95(Ι)/2000, consolidated to Κ.Δ.Π. 363/2026 (Tax Department, gov.cy) – Fifth Annex Table B para 11 (as amended by Κ.Δ.Π. 423/2015)","url":"https://www.gov.cy/media/sites/167/2026/10/34b.-Consolidated-VAT-Law-%CE%9A.%CE%94.%CE%A0.-362363_2026.pdf"}},{"key":"vat_return_period_months","category":"VAT","label":"VAT return period (months)","value":3,"unit":"text","display":"3","applies_to":"Default tax period length; 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set every year","effective_from":"2026-01-01","source":{"title":"Tax Department – interest, penalties and additional tax: general information","url":"https://www.gov.cy/mof-tax/documents/tokos-yperimerias-chrimatikes-epivarynseis-dioikitika-prostima-prosthetos-foros/tokos-yperimerias-chrimatikes-epivarynseis-dioikitika-prostima-prosthetos-foros-genikes-plirofories/"}},{"key":"vat_late_registration_penalty","category":"VAT","label":"Late VAT registration","value":85,"unit":"EUR","display":"€85","applies_to":"For each completed month of delay in registering (art. 45(1))","effective_from":"2011-01-01","source":{"title":"Tax Department – interest, penalties and additional tax: indirect taxation","url":"https://www.gov.cy/mof-tax/documents/tokos-yperimerias-chrimatikes-epivarynseis-dioikitika-prostima-prosthetos-foros/tokos-yperimerias-chrimatikes-epivarynseis-dioikitika-prostima-prosthetos-foros-emmesis-forologias/"}},{"key":"vat_vies_late_penalty","category":"VAT","label":"Late VIES recapitulative statement","value":50,"unit":"EUR","display":"€50","applies_to":"Per late or missing statement (art. 45B)","effective_from":"2021-01-01","source":{"title":"Tax Department – interest, penalties and additional tax: indirect taxation","url":"https://www.gov.cy/mof-tax/documents/tokos-yperimerias-chrimatikes-epivarynseis-dioikitika-prostima-prosthetos-foros/tokos-yperimerias-chrimatikes-epivarynseis-dioikitika-prostima-prosthetos-foros-emmesis-forologias/"}},{"key":"vat_vies_correction_penalty","category":"VAT","label":"VIES statement corrected late","value":15,"unit":"EUR","display":"€15","applies_to":"Failure to correct errors in a statement in time (art. 45A)","effective_from":"2020-01-01","source":{"title":"Tax Department – interest, penalties and additional tax: indirect taxation","url":"https://www.gov.cy/mof-tax/documents/tokos-yperimerias-chrimatikes-epivarynseis-dioikitika-prostima-prosthetos-foros/tokos-yperimerias-chrimatikes-epivarynseis-dioikitika-prostima-prosthetos-foros-emmesis-forologias/"}},{"key":"vat_records_retention_years","category":"VAT","label":"VAT records: keep for","value":6,"unit":"years","display":"6 years","applies_to":"VAT records and invoices (art. 43); OSS/IOSS records 10 years","effective_from":null,"source":{"title":"Tax Department - Keeping books and records for VAT (Τήρηση Βιβλίων και Αρχείων); VAT Law art. 43 and Tenth Schedule","url":"https://www.gov.cy/mof-tax/documents/tirisi-vivlion-kai-archeion-gia-f-p-a/"}},{"key":"vat_invoice_issue_deadline","category":"VAT","label":"VAT invoice: issue by","value":"Within 30 days of the time of supply (domestic B2B and other reg. 11 invoices); by the 15th day of the month after the time of supply for intra-EU B2B goods supplies (reg. 88A), excise goods to EU non-taxable persons (reg. 88B) and reverse-charge services","unit":"text","display":"Within 30 days of the time of supply (domestic B2B and other reg. 11 invoices); by the 15th day of the month after the time of supply for intra-EU B2B goods supplies (reg. 88A), excise goods to EU non-taxable persons (reg. 88B) and reverse-charge services","applies_to":"Κ.Δ.Π. 314/2001 reg. 11(5)–(6)","effective_from":null,"source":{"title":"ΚΔΠ 314/2001 (General VAT Regulations, consolidated) reg. 11(5)-(6); Directive 2006/112/EC art. 222","url":"https://www.gov.cy/media/sites/167/2026/01/%CE%9A%CE%94%CE%A0-314-2001-consolidated-final-version.pdf"}},{"key":"vat_cgs_property_scope","category":"VAT","label":"Capital Goods Scheme: immovable property","value":"All immovable property, with no value threshold","unit":"text","display":"All immovable property, with no value threshold","applies_to":"Κ.Δ.Π. 314/2001 reg. 76(b)","effective_from":null,"source":{"title":"ΚΔΠ 314/2001 reg. 76(b) (inserted by ΚΔΠ 359/2012)","url":"https://www.gov.cy/media/sites/167/2026/01/%CE%9A%CE%94%CE%A0-314-2001-consolidated-final-version.pdf"}},{"key":"vat_cgs_adjustment_years_property","category":"VAT","label":"Capital Goods Scheme: adjustment period, property","value":10,"unit":"years","display":"10 years","applies_to":"Immovable property (reg. 77(3))","effective_from":null,"source":{"title":"ΚΔΠ 314/2001 reg. 77(3)(b)","url":"https://www.gov.cy/media/sites/167/2026/01/%CE%9A%CE%94%CE%A0-314-2001-consolidated-final-version.pdf"}},{"key":"vat_cgs_adjustment_years_other","category":"VAT","label":"Capital Goods Scheme: adjustment period, other assets","value":5,"unit":"years","display":"5 years","applies_to":"Other capital goods (reg. 77(3))","effective_from":null,"source":{"title":"ΚΔΠ 314/2001 reg. 77(3)(a)","url":"https://www.gov.cy/media/sites/167/2026/01/%CE%9A%CE%94%CE%A0-314-2001-consolidated-final-version.pdf"}},{"key":"vat_cgs_movable_threshold","category":"VAT","label":"Capital Goods Scheme: movable goods value","value":17086.01,"unit":"EUR","display":"€17,086.01","applies_to":"Each movable capital good worth at least this amount (reg. 76)","effective_from":null,"source":{"title":"ΚΔΠ 314/2001 reg. 76(a) (inserted by ΚΔΠ 359/2012)","url":"https://www.gov.cy/media/sites/167/2026/01/%CE%9A%CE%94%CE%A0-314-2001-consolidated-final-version.pdf"}},{"key":"vat_cessation_notification_days","category":"VAT","label":"Notify cessation within","value":60,"unit":"days","display":"60 days","applies_to":"Notice to the Tax Department when taxable activity ends (First Schedule, Part I, para 11; form VAT 204)","effective_from":null,"source":{"title":"Tax Department (gov.cy) – Λόγοι για Ακύρωση Εγγραφής από το Μητρώο Φ.Π.Α.","url":"https://www.gov.cy/mof-tax/documents/eggrafi-akyrosi-f-p-a/akyroseis-mitrooy-f-p-a/logoi-gia-akyrosi-eggrafis-apo-to-mitroo-f-p-a/"}},{"key":"vat_registration_application_deadline","category":"VAT","label":"Apply to register within","value":"Threshold already exceeded (12-month test): within 30 days from the end of the month in which it was exceeded. Next-30-days test: before the end of that 30-day period.","unit":"text","display":"Threshold already exceeded (12-month test): within 30 days from the end of the month in which it was exceeded. Next-30-days test: before the end of that 30-day period.","applies_to":"First Schedule paras 5–6","effective_from":null,"source":{"title":"Tax Department (gov.cy) – Consolidated VAT Law N.95(I)/2000, updated to Κ.Δ.Π. 363/2026 (First Schedule, Part I, paras 5–6)","url":"https://www.gov.cy/media/sites/167/2026/10/34b.-Consolidated-VAT-Law-Κ.Δ.Π.-362363_2026.pdf"}},{"key":"vat_voluntary_registration","category":"VAT","label":"Voluntary registration","value":"(a) Persons making taxable supplies below the threshold; (b) intending traders who carry on a business and intend to make taxable supplies; (c) persons established in Cyprus that make no taxable supplies but make supplies outside Cyprus that would be taxable if made in Cyprus, exempt supplies under Art. 21(2)(c), or investment-gold supplies under Art. 42A. Persons making only other exempt supplies cannot register.","unit":"text","display":"(a) Persons making taxable supplies below the threshold; (b) intending traders who carry on a business and intend to make taxable supplies; (c) persons established in Cyprus that make no taxable supplies but make supplies outside Cyprus that would be taxable if made in Cyprus, exempt supplies under Art. 21(2)(c), or investment-gold supplies under Art. 42A. Persons making only other exempt supplies cannot register.","applies_to":"First Schedule para 10","effective_from":null,"source":{"title":"Tax Department (gov.cy) – Consolidated VAT Law N.95(I)/2000, updated to Κ.Δ.Π. 363/2026 (First Schedule, Part I, paras 9–10)","url":"https://www.gov.cy/media/sites/167/2026/10/34b.-Consolidated-VAT-Law-Κ.Δ.Π.-362363_2026.pdf"}},{"key":"vat_acquisitions_threshold","category":"VAT","label":"Intra-EU acquisitions threshold","value":10251.61,"unit":"EUR","display":"€10,251.61","applies_to":"Per calendar year, for non-taxable persons and exempt businesses","effective_from":null,"source":{"title":"Tax Department (gov.cy) – Υποχρέωση/Δικαίωμα Εγγραφής στο Μητρώο Φ.Π.Α.","url":"https://www.gov.cy/mof-tax/documents/eggrafi-akyrosi-f-p-a/eggrafes-mitrooy-f-p-a/ypochreosi-dikaioma-eggrafis-sto-mitroo-f-p-a/"}},{"key":"vat_deregistration_threshold","category":"VAT","label":"Deregistration threshold","value":13668.81,"unit":"EUR","display":"€13,668.81","applies_to":"Taxable supplies expected in the next 12 months","effective_from":null,"source":{"title":"Tax Department (gov.cy) – Λόγοι για Ακύρωση Εγγραφής από το Μητρώο Φ.Π.Α.","url":"https://www.gov.cy/mof-tax/documents/eggrafi-akyrosi-f-p-a/akyroseis-mitrooy-f-p-a/logoi-gia-akyrosi-eggrafis-apo-to-mitroo-f-p-a/"}},{"key":"vat_ioss_consignment_limit","category":"VAT","label":"IOSS consignment limit","value":150,"unit":"EUR","display":"€150","applies_to":"Intrinsic value per consignment of goods imported for EU consumers (Directive art. 369l)","effective_from":"2021-07-01","source":{"title":"Council Directive (EU) 2017/2455, Art. 2 (Art. 369l of Directive 2006/112/EC), as deferred by Decision (EU) 2020/1109","url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32017L2455"}},{"key":"vat_ioss_return_deadline","category":"VAT","label":"IOSS return","value":"Monthly; return and payment due by the last day of the month following the tax period. The deadline does not move to the next working day when it falls on a weekend or holiday.","unit":"text","display":"Monthly; return and payment due by the last day of the month following the tax period. The deadline does not move to the next working day when it falls on a weekend or holiday.","applies_to":"IOSS (import scheme)","effective_from":"2021-07-01","source":{"title":"Directive 2006/112/EC Arts. 369s and 369v (inserted by Directive (EU) 2017/2455); Tax Department (gov.cy) – Μονοαπευθυντική Θυρίδα (OSS/IOSS)","url":"https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32017L2455"}},{"key":"vat_oss_return_deadline","category":"VAT","label":"OSS return","value":"Quarterly; return and payment due by the last day of the month following the quarter (30 Apr, 31 Jul, 31 Oct, 31 Jan). The deadline does not move when it falls on a weekend or holiday.","unit":"text","display":"Quarterly; return and payment due by the last day of the month following the quarter (30 Apr, 31 Jul, 31 Oct, 31 Jan). The deadline does not move when it falls on a weekend or holiday.","applies_to":"OSS (Union and non-Union schemes)","effective_from":"2021-07-01","source":{"title":"Tax Department (gov.cy) – Προθεσμίες (deadline calendar 2026); Directive 2006/112/EC Arts. 369f, 369i (Union) and 364/365 (non-Union), as amended by 2017/2455","url":"https://www.gov.cy/mof-tax/prothesmies/"}},{"key":"vat_vies_deadline","category":"VAT","label":"VIES recapitulative statement","value":"Monthly; due by the 15th day of the month following the reference month. Corrections are due by the end of the following month.","unit":"text","display":"Monthly; due by the 15th day of the month following the reference month. Corrections are due by the end of the following month.","applies_to":"Intra-EU supplies of goods and services (art. 42Γ(2))","effective_from":null,"source":{"title":"Tax Department (gov.cy) – Consolidated VAT Law N.95(I)/2000, updated to Κ.Δ.Π. 363/2026 (Art. 42Γ(2)); Tax Department VIES FAQ","url":"https://www.gov.cy/media/sites/167/2026/10/34b.-Consolidated-VAT-Law-Κ.Δ.Π.-362363_2026.pdf"}},{"key":"vat_intrastat_threshold_arrivals","category":"VAT","label":"Intrastat threshold: arrivals","value":380000,"unit":"EUR","display":"€380,000","applies_to":"Arrivals from other EU states in 2026","effective_from":"2026-01-01","source":{"title":"Tax Department (gov.cy) – INTRASTAT: Γενικές Πληροφορίες","url":"https://www.gov.cy/mof-tax/documents/paneyropaikes-platformes/intrastat/genikes-plirofories/"}},{"key":"vat_intrastat_threshold_dispatches","category":"VAT","label":"Intrastat threshold: dispatches","value":75000,"unit":"EUR","display":"€75,000","applies_to":"Dispatches to other EU states in 2026","effective_from":"2026-01-01","source":{"title":"Tax Department (gov.cy) – INTRASTAT: Γενικές Πληροφορίες","url":"https://www.gov.cy/mof-tax/documents/paneyropaikes-platformes/intrastat/genikes-plirofories/"}},{"key":"vat_intrastat_deadline","category":"VAT","label":"Intrastat declaration","value":"Monthly; due by the 10th day after the end of the reference month (moves to the next working day if it falls on a weekend or holiday). 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