VAT Exemption for Specific Training Services Extended to Certified Providers

• An amendment to the VAT law in Cyprus has extended the VAT exemption to services provided by specific training providers.
• The amendment includes services related to education, vocational training, retraining, and the supply of goods and services closely related to these areas.
• The exemption applies to training providers certified by the Cyprus Human Resources Development Authority (HRDA).
• The applicable certifications include Vocational Training Centers, Vocational Training Premises, and Vocational Training Instructors.

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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