Cyprus VAT rules on the format and information to be provided on invoices broadly conform with the obligations of the EU VAT Directive and its VAT invoice requirements.
Cyprus VAT invoices must be issued at the latest six months after the taxable supply. Invoices must be stored for eight years. Cyprus, like all EU member states, now permits the use of electronic invoices under certain conditions.
Invoices must contain at least the following basic information:
Explore global VAT updates, new e-invoicing mandates, and key U.S. sales tax changes in this annual Avalara report.
Read the report to learn about key industry trends, emerging issues, and challenges faced by cross-border sellers and shippers.
Manage international tax with cross-border solutions for VAT, HS code classification, trade restrictions, and more.