Cyprus
Vat Registration Threshold Domestic Businesses € 15.600
Vat Registration Threshold Non Eu Sellers No threshold; immediate registration required
Standard Vat Rate 19%
Reduced Vat Rates 9%, 5%, 3%
Distance Selling Threshold Pre July 2021 € 35.000
Post July 2021 Oss Rules OSS applicable; €10,000 EU-wide threshold
Exemptions And Special Schemes Special schemes for small businesses
Compliance Requirements Quarterly VAT returns
Taxable Transactions Standard rate (19%), reduced rate (e.g. hotels, food, transport) (9%), reduced rate (e.g. books, pharma, water) (5%)