You have a VAT question. Get a straight answer.
One-off advice on transactions, structures, disputes and edge cases. Cyprus VAT specialists who give you a position — not a disclaimer.
The short answer
VAT advice is for questions the general rules don't settle on their own: whether a transaction is taxable and at what rate, whether you need to register, how a group or cross-border structure is treated, or how to answer a letter from the Tax Department. An adviser looks at your own facts and documents. For questions about income tax, corporate tax or residency, see tax.com.cy's Cyprus tax advisory.
- Standard rate
- 19%
- Registration threshold
- €15,600
- Late return penalty
- €100
- Keep VAT records for
- 6 years
30 min
Free initial consultation
No obligation
Same week
Typical turnaround on written advice
For most queries
Fixed fee
Agreed upfront before we start
No surprise bills
What do you need advice on?
Advisory Services
Written VAT Opinion
A formal written opinion on your specific VAT position. Confirms the correct treatment, sets out the legal basis and provides a defensible record if the Tax Department later challenges your filing.
Learn more →Transaction Review
Pre-transaction VAT review for property deals, business sales, restructures and acquisitions. We confirm VAT exposure before you sign. Typically completed within 3–5 working days.
Learn more →Tax Department Response
We review Tax Department assessments, queries and audit notices. Prepare your formal response and manage the correspondence on your behalf.
Learn more →VAT Health Check
A structured review of your VAT position — registrations, return accuracy, partial exemption, blocked input tax, reverse charge compliance. Identifies errors before the Tax Department does.
Learn more →Refund Claim Management
If you are in a regular repayment position we prepare and submit your refund claim and manage the Tax Department review process to minimise delays.
Learn more →Ongoing Advisory Retainer
Monthly retainer for businesses that need regular VAT guidance — new transactions, staff questions, invoice queries, rate changes. Direct access to your advisor.
Learn more →Advisory vs Compliance — What is the difference?
COMPLIANCE
What it is
Preparing and filing your VAT returns correctly
When you need it
Every quarter, ongoing
What we do
Return preparation, Taxisnet filing, deadline management
Cost basis
Monthly retainer
Risk if skipped
Penalties and interest
ADVISORY
What it is
Expert opinion on specific VAT questions and transactions
When you need it
Before a transaction, when something changes, when the Tax Department writes
What we do
Research your position, give you a clear answer in writing, defend it if challenged
Cost basis
Fixed fee per engagement
Risk if skipped
Unexpected VAT bills, penalties, failed transactions
Situations Where Advisory Saves Money
Developer selling first units
Without advice
Charged wrong rate on new build sales, Tax Department assessment for underpaid VAT
With advice
Correct rate confirmed pre-sale, clean transaction
Typical saving: €10,000–€50,000+
Business acquisition
Without advice
Acquired historic VAT liability not identified in due diligence
With advice
Liability quantified, deal price adjusted or indemnity obtained
Typical saving: Deal-value dependent
Cross-border service expansion
Without advice
Invoiced EU customers incorrectly for 12 months, reverse charge not applied, VAT owed in multiple jurisdictions
With advice
Correct treatment confirmed before first invoice
Typical saving: €5,000–€20,000
Group restructure
Without advice
Asset transfer treated as taxable supply, unexpected 19% VAT on intra-group transfer
With advice
TOGC conditions confirmed, transfer structured correctly
Typical saving: VAT on transaction value
Talk to an adviser
VAT advisory consultations are handled by the tax.com.cy advisers. Book a time to talk through your transaction, dispute or structure.
Book a consultation →Did you know multiple Cyprus entities can share one VAT number? See VAT grouping →
Frequently asked questions
Work out the VAT on your own figures
Add or remove VAT at any Cyprus rate, with the rates from our facts table.
Open the VAT calculator →