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Is VAT registration needed for all self-employed in Cyprus?

You must register for VAT number (value added tax) if you are self-employed active in sales of goods or services and the value of your taxable transactions,

How is the contribution amount to the Social Insurance Fund determined for the self-employed in Cyprus?

The contribution of self-employed persons to the SIF (Social Insurance Fund) is determined by the category to which he/she belongs, ...

How to pay Income Tax as self-employed in Cyprus?

The self-employed persons have the obligation of self-taxation, that is to pay the Income Tax payments themselves. Payments are made ...

How to pay GeSY (General Health Care System) as self-employed in Cyprus?

The self-employed have the obligation to pay contributions to GeSY (local National Health Service) equal to 4% of the net income (profit from work: gross income less expenses). ...

What is VIES and which self-employed persons does it concern?

The VIES (VAT Information Exchange System) is a VAT information exchange system between EU member states. It only applies to self-employed persons for whom ...

I do sales outside of Cyprus. When do I invoice with VAT and when not?

All self-employed persons that are registered for VAT must always invoice with Cypriot VAT. The cases where VAT does not need to be invoiced are ...

I make purchases from suppliers outside Cyprus. When can I be invoiced without VAT?

The usual is for the supplier outside Cyprus to charge the VAT of its country. The cases where the supplier outside Cyprus can invoice the buyer in Cyprus without VAT, are ...