VAT errors often arise from transaction details rather than arithmetic. The customer’s status, place of supply, contract, invoice wording and movement of goods can all affect the correct treatment.
We support businesses with routine VAT compliance and with transactions that require a documented review before invoicing or filing.
The service is designed for Cyprus businesses and overseas organisations whose activities may create Cyprus VAT obligations.
We identify supplies, customers, suppliers, jurisdictions and document flows.
Registration obligations, rates, exemptions, place-of-supply and evidence requirements are considered.
The VAT ledger is reconciled to accounting records and exception items are investigated.
Returns and related statements are prepared for approval, with recommendations for invoice coding and record retention.
Many engagements cross more than one accounting, tax or company-administration area. Relevant support includes:
The answer depends on the nature, value and location of its supplies and acquisitions. The facts should be reviewed before relying on a threshold or exemption.
Yes, certain services received from abroad can require reverse-charge accounting even when the supplier does not charge Cyprus VAT.
Contracts, invoices, customer VAT details, transport or export evidence and proof of the customer’s business status may be relevant.
Yes. A review can focus on reconciliations, higher-risk codes, cross-border transactions and consistency with the accounting records.
Send us a description of the business, recent VAT returns and a sample of the transactions causing concern. We will identify the immediate filing or registration questions and the evidence needed.
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