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VAT in Cyprus
Thread poster: Tim Drayton
Tim Drayton
Tim Drayton  Identity Verified
Cyprus
Local time: 01:25
Turkish to English
+ ...
Jun 15, 2004

I have been out of the translation business for a couple of years and I am now investigating the possibility of freelancing from the Republic of Cyprus. Does anybody know if self-employed translators in Cyprus must apply VAT to their charges, or can very small businesses elect to be VAT-exempt?
Any help would be greatly appreciated.
 
Erik Hansson
Erik Hansson  Identity Verified
Germany
Swedish
+ ...
Some links Jun 16, 2004

Hello Tim,

Welcome back to translation business!

Have a look at these links:

Ministry of Finance
http://www.mof.gov.cy/mof/mof.nsf/Main?OpenFrameset

Directory on official site for ... See more
Hello Tim,

Welcome back to translation business!

Have a look at these links:

Ministry of Finance
http://www.mof.gov.cy/mof/mof.nsf/Main?OpenFrameset

Directory on official site for Republic of Cyprus
http://www.cyprus.gov.cy/cyphome/govhome.nsf/0/650BB3E084049E33C2256A8D002F81BC?OpenDocument&languageNo=1

These links provide information in Greek and English. There are plenty of links, however often in Greek only.

A simple search on Google should result in many hits:

cyprus taxation
cyprus taxes
cyprus "tax regulations"

Good luck!

Best regards,
Erik

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Technical translator DE-SV
Hansson Übersetzungen GmbH
Am Birkenwäldchen 38
D-01900 Bretnig-Hauswalde, Germany
Phone +49 - 3 59 52 - 321 07
Fax +49 - 3 59 52 - 322 02
E-Mail [email protected]
Internet www.hansson.de
Internet www.technical-translators.net
ProZ profile http://www.proz.com/pro/21654
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Emmanouil Tyrakis
Emmanouil Tyrakis
Local time: 01:25
French to Greek
+ ...
welcome to Cyprus Jun 16, 2004

Dear Tim, welcome to Cyprus.

According to the New legislation of the Republic of Cyprus (VAT Law 95(I)2000)which came into effect on 1 February 2002, you will be subject to VAT registration only if your annual income exceeds CYP9,000.

Hope this will help you.

Best Regards
Emmanouil TYRAKIS
 
Tim Drayton
Tim Drayton  Identity Verified
Cyprus
Local time: 01:25
Turkish to English
+ ...
TOPIC STARTER
Thanks Jun 17, 2004

Thanks to everyone who replied.
Tim Drayton
 


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