Cyprus VAT applies four rates: 19% standard (most goods/services), 9% reduced (restaurants, hospitality, transport), 5% super-reduced (foodstuffs, medicines), 3% (books and e-books). Registration mandatory above €15,600 annual turnover. Quarterly VAT returns via TaxisNET. Our platform auto-applies the correct rate per product, validates EU VAT numbers via VIES, generates SAF-T export for tax department audits.
You sell books (3%), restaurant meals (9%), and consulting (19%) — three rates on one invoice.
Product category → rate mapping. Each line item gets the correct rate automatically. Invoice totals split by VAT rate for proper TaxisNET reporting.
B2B sale to a German VAT-registered customer (DE123456789) — reverse charge?
VIES API check on customer VAT number → if valid, apply 0% with note "Reverse charge — Article 196 of EU VAT Directive". Customer self-accounts in DE. Sales reported in VIES recapitulative statement quarterly.
Quarterly VAT return — you need to extract sales/purchases by rate, foreign reverse-charge transactions, and OSS.
Pre-filled VAT return form 1.6: box-by-box breakdown ready for TaxisNET upload. OSS/IOSS quarterly EU sales aggregated to dedicated boxes.
Tax department audit — they want SAF-T export of all invoices Q3 2025.
SAF-T 1.0.4 XML export per CY tax department spec: customers, invoices, line items, payments, VAT codes. Auditor receives ready-to-import XML in 1 minute.
The 4b2b ecosystem is designed so R&D expenses and IP-derived revenue are tracked in a separate ledger for IP Box deduction.
