Table of Contents
19% with Important Exceptions
Standard VAT 19% (similar to Germany). But different exceptions and reduced rates. Important registration and input tax rules for entrepreneurs – CMC handles automatically.
VAT Rates
19%: most goods/services. 9%: hotels, restaurants, short-term rental. 5%: first primary residence new build (up to €350,000/190m²). 0%: intra-EU B2B. Exempt: medical, financial, long-term rental, education.
This was exactly our experience: 19% with Important Exceptions Standard VAT 19% (similar to Germany).
– Entrepreneur from Hamburg, in Larnaca since 2022
Registration for Entrepreneurs
Mandatory from €15,600 annual turnover. From first euro for intra-EU B2B. CMC: checks, registers, files quarterly returns, optimizes input tax. Included in advisory.
5% VAT Rule for Property
First primary residence, new build: 5% instead of 19%. On €300,000: save ~€42,000. Conditions: new build, first residence, personal purchase, max €350,000/190m². CMC assists application. Biggest single tax advantage for property in Cyprus.
VAT in Cyprus
Topics: 19% with Important Exceptions, VAT Rates, Registration for Entrepreneurs
CMC Practical Tip
On €300,000: save ~€42,000.
Frequently Asked Questions
19% standard. 9% hotels/restaurants. 5% first residence new build. Medical/finance/long-term rent: exempt.
From €15,600 annual turnover: yes. EU B2B: from first euro. CMC checks individually.
On €300,000: ~€42,000 saved. New build, first residence, personal purchase, max €350,000/190m².
Yes, quarterly via TAXISnet. Included in advisory for all Ltd clients.
How CMC Supports You
At CMC Certus Management Consultants, we are here for you – not only for tax and legal questions, but also for all practical topics of everyday life in Cyprus. Our team in Larnaca and Pafos knows the local conditions first-hand.
As your local contact, we handle: company formation and management, tax advisory and Non-Dom applications, ongoing bookkeeping and tax returns, support with authorities, and referrals to estate agents, lawyers, doctors and tradespeople.