V.A.T. has been introduced in Cyprus on the
purchase of almost all goods and services.
Currently, there are two VAT rates - the standard rate which
is 8% and the zero rate (0%).
Items of necessity such as foodstuffs, medical products, children's
clothing and footwear, books, magazines, newspapers, airfares
and zero rated. Bank Services, medical and dental services,
the sail immovable property etc., are exempted from any VAT
charge.
Prices displayed for standard rated items should be VAT
inclusive.
For further information you may apply:
1. V.A.T. service, CY 1471, Lefkosia ,
Tel: (02) 302995, Fax: (02) 367965
2. Cyprus Consumers' Association.
Tel: (02) 451092, 474543, Fax: (02) 467080
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