VAT Matters in cyprus

Companies meeting certain criteria are required to register for VAT in Cyprus. This includes businesses with annual turnover above a certain threshold, as determined by legislation.

Preparing and Filing the application of the reduced VAT rate (5%) on the Purchase/ Construction of a New Dwelling in the Republic of Cyprus

This includes assistance with record-keeping, invoicing, and other compliance requirements.

Advising on the implications of VAT, particularly in complex areas such as cross-border transactions, EU VAT rules, and special VAT schemes.

We can assist businesses in structuring their operations to optimize VAT efficiency, minimize VAT liabilities, and take advantage of available exemptions, deductions, and reliefs.