Maxim Stepanenko
Managing partner of Crystal.tax
A wide range of legal services from Crystal Tax: registration of offshore companies in all world jurisdictions, solving issues related to taxation, opening bank accounts and many others.
Cyprus VAT number
Some commercial organizations in the Republic of Cyprus pay value added tax, for which you need to get VAT.
Rules for calculating value added tax in the Republic of Cyprus
If the value of taxable supplies is more than 15,600 Euros, registration as a VAT payer is required. The usual VAT rate in Cyprus is 19%. But there are reduced rates of 5% and 9% (for construction, entertainment, sports, books, newspapers, magazines, certain foods, drugs, pet food, etc.).
Zero VAT in Cyprus
Applies to:
- relative to gold for the Central Bank of Cyprus;
- tourist tours outside the EU;
- in certain other cases required by law.
What types of services are exempt from VAT? Here are just a few of them:
- rental;
- banking services;
- dental services;
- other medical services;
- insurance services;
- entertaining;
- mail etc
VAT number in Cyprus: how to get it, what are the terms?
Cyprus attracts foreign capital due to the fact that it is quite easy to pay taxes here. Our team has some of the best conditions in Ukraine when working with this jurisdiction.
You fill out a short application form, where you indicate information about the company (which ones, you will be told in more detail during the consultation). After 2-3 days you are already registered as a VAT payer in Cyprus.
As you can see, this jurisdiction really has some of the best conditions for doing business in Europe.
Other Benefits of Cyprus
You may be eligible for a residence permit Cyprus if you receive income from abroad sufficient to cover the cost of living in Cyprus (approximately 15,000–20,000 euro for a family of three) and if you have a rented (purchased) house or apartment.
To obtain Cypriot citizenship, you must invest in real estate or securities at least 2,500,000 Euros.
For more information about taxation in the Republic of Cyprus, the European Union, the Eurozone, please contact Crystal Tax consultants:
- on the phone;
- email;
- via live chat
Pay attention to the service: Buy a company in Cyprus
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Our advantages
We provide a wide range of legal services, including the registration of companies in foreign jurisdictions, legal support for activities, opening bank accounts, consultations and much more. others
Crystal Tax employs a team of highly qualified professionals, experts in all matters related to offshore. We have many years of successful experience.
We offer only the best solutions for your business - the best jurisdiction and type of company for offshore registration.
We register a company in any jurisdiction as quickly as possible. We guarantee confidentiality of data for each client
An individual approach to clients, solving non-standard tasks and the vast experience of our lawyers can lead your business to success.
The cost of services is agreed between us and the client. You pay only for the work done, which allows you to minimize costs. We work without intermediaries and overpayments.