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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.

Lawyer Services to Invoice

  • Legal consultation
  • Document review
  • Contract drafting
  • Litigation
  • Court appearances
  • Research
  • Retainer services

Invoice Requirements in Cyprus

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

Payment Terms

Retainer upfront. Bills typically due Net 30. Trust accounts for client funds.

Μετρητά15 ημέρες30 ημέρεςΠροθεσμία

Payment Methods in Cyprus

Bank TransferCredit CardPayPalCash

Lawyer Invoice Tips

  • Bill in standard increments
  • Detail each task
  • Reference case number
  • Separate disbursements
  • Include trust account details

Frequently Asked Questions

What tax rate applies to lawyer 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 lawyers in Cyprus?

Common payment methods in Cyprus include: Bank Transfer, Credit Card, PayPal, Cash. Retainer upfront. Bills typically due Net 30. Trust accounts for client funds.

What should lawyer invoices include in Cyprus?

Your invoice should include: VAT registration number, Business address, Client VAT if applicable, Invoice number. For lawyer services specifically, also include: Legal consultation, Document review, Contract drafting.

How should lawyers detail time entries?

Include date, task description, time spent, and attorney name. Use standard billing increments.

How do lawyers handle retainers?

Hold in trust. Bill against retainer and request replenishment when low.

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.