Foreign VAT Refunds Guide from Cyprus

The following information details the requirements needed to be eligible for a VAT refund in Cyprus. These include claimable expense types, the Cyprus VAT rates and deadlines, as well as claiming periods.

What Expenses are Claimable for VAT Refund in Cyprus?

Hotel & Accommodation
0 %
5- 0 %
Conf, Trade Shows & Expo
10 %
Public Transport
5- 0 %
10 %
Marketing Costs
10 %
Professional Fees
0 %
Car Rental
0 %
Training, Courses & Seminar
10 %

What are the Cyprus VAT Rates?

The VAT (Value Added Tax) rates in Cyprus are divided into several categories:

The standard rate that applies to most goods and services.
A 9% rate applied to certain kinds of services and a 5% rate applied to specific goods and services.
Some goods and services are subject to a 0% VAT rate.
Lastly, there are goods and services that are entirely exempted from the VAT.

How to Get VAT Refunds from Cyprus for Your Business?

VAT Refunds Guide for EU Companies
VAT Refunds Guide for Non-EU Companies

Frequently Asked Questions About Cyprus VAT Recovery

December 30 for EU countries and September 30 for Non-EU countries.

For companies established within the EU (inclusive of Canary Islands and Monaco), the relevant timeframe is from January to December of the prior year. Conversely, for businesses located outside of the EU (excluding Canary Islands and Monaco), the applicable period is from 1st July of the previous year to 30th June of the current year.

It can take up to 6 months depending on complexity of the claim.

Need Help with Your VAT Refund from Cyprus ?

We have helped companies reclaim €200+ M in VAT refunds over the last eight years. Our expertise and technology allow us to process your refund quickly and automatically.

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