On 23 December 2020, the Cyprus Council of Ministers issued a decree approving the imposition of a zero VAT rate on the delivery of in vitro diagnostic medical devices and vaccines used in the response to COVID-19. The zero VAT rate applies as from 23 December 2020 until 31 December 2022.
Source Deloitte
Latest Posts in "Cyprus"
- Cyprus VAT Guide: Rates, Registration, Filing and Cross-Border Compliance
- Cyprus Extends 5% VAT Property Rules Until 2026
- Cyprus VAT Law Changes for Construction and Residential Property
- Cyprus Updates VAT Rules on New Buildings and Renovations
- Cyprus Fiscal Documents: Strict Layout and Compliance Rules
