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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.

Game Developer Services to Invoice

  • Game development
  • Level design
  • Game mechanics
  • Unity/Unreal work
  • Mobile games
  • VR/AR games
  • Game porting

Invoice Requirements in Cyprus

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

Payment Terms

Milestone-based: prototype, alpha, beta, release. Publishers often Net 30-60.

Μετρητά15 ημέρες30 ημέρεςΠροθεσμία

Payment Methods in Cyprus

Bank TransferCredit CardPayPalCash

Game Developer Invoice Tips

  • Reference build versions
  • Include milestone deliverables
  • Document platform targets
  • Note engine licenses
  • Track asset creation

Frequently Asked Questions

What tax rate applies to game developer 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 game developers in Cyprus?

Common payment methods in Cyprus include: Bank Transfer, Credit Card, PayPal, Cash. Milestone-based: prototype, alpha, beta, release. Publishers often Net 30-60.

What should game developer invoices include in Cyprus?

Your invoice should include: VAT registration number, Business address, Client VAT if applicable, Invoice number. For game developer services specifically, also include: Game development, Level design, Game mechanics.

How to structure game dev payments?

Milestone payments: concept, prototype, alpha, beta, gold master.

Should engine licenses be included?

Pass through at cost or factor into project. Specify in contract.

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.