- Cyprus Decree Κ.Δ.Π. 363/2026 introduces a reduced VAT rate of 9% for photovoltaic systems supplied to residential customers for self-consumption in their homes.
- The new reduced rate applies effective October 16, 2026.
- Under Article 55 of the VAT Law, suppliers may apply the 9% rate if the goods/services are supplied after the effective date, even if payment was received or a VAT invoice issued earlier.
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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