VAT

VAT

We are VAT-registered; so you may rest assured that we are not a fly-by-night company that is going to disappear at any moment.  All of our accounts are done professionally and we pay VAT to the tax man every quarter.  We also pay social insurance and are conducting all business legally in Cyprus.  We are represented by lawyers and our accountant is an accredited auditor.

VAT is charged at 19% and if you have a VAT-registered company you can reclaim the VAT charged. It is very advantageous to set  up a company in Cyprus and register here for tax as we have a double-taxation treaty in place with the UK.  We can recommend Price Waterhouse Coopers as your point of contact for all information and advice on taxation matters.

Further information about VAT in Cyprus can be found on the government website here:

http://www.mof.gov.cy/mof/vat/vat.nsf/DMLcyeu_en/DMLcyeu_en?OpenDocument

 

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