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Commentary

General requirements (Cyprus)

12 Cyprus

General requirements (Cyprus)

A business making taxable supplies in Cyprus is required to register for VAT at the end of any month where the value of the taxable supplies in the last 12 months has exceeded the VAT registration threshold. The application must be submitted within 30 days of the end of the relevant month.

Businesses are also required to register where they have reason to believe the value of taxable supplies in the next 30 days will exceed the registration threshold. The application must be submitted within 30 days

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