How to invoice in Cyprus
A compliant Cypriot invoice must show your VAT registration number, a unique sequential invoice number, the issue date, your and your customer's name and address, a description of the goods or services, and for each line the net amount, the VAT rate applied and the VAT amount, plus the total payable. The standard VAT rate is 19%, with reduced rates of 9%, 5% and 3% for specific supplies. For B2B sales to businesses in other EU countries you must also show the customer's VAT number and the relevant exemption or reverse-charge wording.
| Cyprus at a glance | Detail |
|---|---|
| Currency | EUR (€) |
| Standard VAT | 19% |
| Tax ID | VAT Registration Number |
| Paper size | A4 |
| Typical terms | Net 30 |
| E-invoicing | Announced |
Tax ID format: "CY" prefix followed by 8 digits and 1 letter, e.g. CY12345678X (9 characters after the country code, the last being a letter).
What Cypriot invoices must include
- The word “Invoice” and a unique, sequential invoice number
- The issue date (and the supply date if it differs)
- Your business name, address and VAT Registration Number
- The client's name and address (and their VAT Registration Number for reverse-charge or intra-EU supplies)
- A clear description and quantity for each line
- The net amount per VAT rate, the rate(s) applied and the VAT amount
- The total payable, in EUR
- Payment terms, the due date and how to pay (bank name, IBAN/account)
- Unique sequential invoice number
- Customer VAT number for intra-EU B2B sales
VAT & reverse charge
For cross-border work, the right wording matters. Invoice Forever offers ready-made Cypriot VAT notes such as:
- VAT charged at the applicable Cyprus rate (standard 19%).
- Intra-Community supply — exempt from VAT under Article 138 of Directive 2006/112/EC; the customer accounts for VAT in the country of destination.
- Reverse charge — VAT to be accounted for by the recipient under Article 196 of Directive 2006/112/EC.
E-invoicing in Cyprus
As of July 2026 Cyprus has no B2B or B2C e-invoicing mandate; issuing e-invoices is voluntary and requires the buyer's agreement. Public-sector bodies have been required to receive EN 16931-compliant e-invoices since 2019 (central authorities from 18 April 2019, sub-central from 18 April 2020), with voluntary submission through Peppol Access Points or the Cyprus government gateway (gov.cy). Under the EU VAT in the Digital Age (ViDA) reform, structured e-invoicing and digital reporting for intra-EU B2B transactions become mandatory from 1 July 2030.
Invoice Forever can export a structured EN 16931 / Peppol BIS (UBL) e-invoice alongside the PDF (beta) — the format most of these mandates are built on. You still send it via your own access point, and some countries require their own national format.
Verified 23 July 2026 against the source. E-invoicing rules are changing quickly, so always confirm the current position with the Cyprus Tax Department (Τμήμα Φορολογίας) before you rely on it. This page is general guidance, not tax advice.
Payment terms in Cyprus
B2B payment terms in Cyprus are typically 30 days from the invoice date under the EU Late Payment Directive as transposed into Cypriot law, and may be extended up to 60 days by mutual agreement. Payment is usually made by SEPA bank transfer.
Questions about invoicing in Cyprus
The standard VAT rate is 19%. Reduced rates of 9%, 5% and 3% apply to specific goods and services, and some supplies are zero-rated or exempt.
If you are VAT-registered you must show your Cyprus VAT registration number (format CY + 8 digits + 1 letter, e.g. CY12345678X). VAT registration is compulsory once taxable turnover exceeds €15,600 in any 12-month period, and for intra-EU B2B sales you must also show the customer's VAT number.
No. As of 2026 there is no B2B e-invoicing mandate; e-invoices are voluntary and typically exchanged via Peppol, while public bodies must be able to receive them. Structured e-invoicing for intra-EU B2B transactions is due to become mandatory from 1 July 2030 under the EU ViDA reform.
Make an invoice for Cyprus, free.
EUR and 19% VAT already set, on A4 paper. No signup, no watermark.
Make an invoice for Cyprus