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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.

SaaS Services to Invoice

  • Monthly subscription
  • Annual subscription
  • Usage-based charges
  • Overage fees
  • Add-on features
  • Setup fees
  • Enterprise licensing

Invoice Requirements in Cyprus

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

Payment Terms

Prepaid monthly or annually. Enterprise contracts may be Net 30.

Μετρητά15 ημέρες30 ημέρεςΠροθεσμία

Payment Methods in Cyprus

Bank TransferCredit CardPayPalCash

SaaS Invoice Tips

  • Include subscription period
  • Show plan details
  • Detail overages separately
  • Reference account ID
  • Include next billing date

Frequently Asked Questions

What tax rate applies to saas 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 saass in Cyprus?

Common payment methods in Cyprus include: Bank Transfer, Credit Card, PayPal, Cash. Prepaid monthly or annually. Enterprise contracts may be Net 30.

What should saas invoices include in Cyprus?

Your invoice should include: VAT registration number, Business address, Client VAT if applicable, Invoice number. For saas services specifically, also include: Monthly subscription, Annual subscription, Usage-based charges.

How should SaaS companies invoice?

Include plan name, billing period, base price, overages, and total. Reference account ID.

How to handle usage-based billing?

Track usage throughout period. Invoice base plus overages with usage details.

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.