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Cyprus Tax Information

19% VAT

VAT (ΦΠΑ) is 19% standard, 9% for hospitality/transport, 5% for essentials. Source: Cyprus Tax Department.

AI/ML Engineer Services to Invoice

  • Model development
  • Data pipeline
  • MLOps
  • AI consulting
  • Model training
  • API integration
  • ML research

Invoice Requirements in Cyprus

VAT registration number
Business address
Client VAT if applicable
Invoice number
VAT breakdown
Total in EUR

Payment Terms

Project milestones or monthly retainer. Cloud/GPU compute costs passed through separately.

Μετρητά15 ημέρες30 ημέρεςΠροθεσμία

Payment Methods in Cyprus

Bank TransferCredit CardPayPalCash

AI/ML Engineer Invoice Tips

  • Reference model versions
  • Include compute costs separately
  • Document training hours
  • Note data processing fees
  • Track API usage

Frequently Asked Questions

What tax rate applies to ai/ml engineer invoices in Cyprus?

Cyprus has 19% VAT. VAT (ΦΠΑ) is 19% standard, 9% for hospitality/transport, 5% for essentials. Source: Cyprus Tax Department.

What payment methods are common for ai/ml engineers in Cyprus?

Common payment methods in Cyprus include: Bank Transfer, Credit Card, PayPal, Cash. Project milestones or monthly retainer. Cloud/GPU compute costs passed through separately.

What should ai/ml engineer invoices include in Cyprus?

Your invoice should include: VAT registration number, Business address, Client VAT if applicable, Invoice number. For ai/ml engineer services specifically, also include: Model development, Data pipeline, MLOps.

How should AI engineers price their work?

Project-based for model development, hourly for consulting. Compute costs billed separately.

Should compute costs be on the invoice?

Yes, list cloud/GPU costs as separate line items from service fees.

What VAT rates apply in Cyprus?

Cyprus applies 19% standard VAT, 9% for hotels/restaurants/transport, 5% for books and medicines. Zero-rated intra-EU supplies.