As from 2nd of May 2017, the electronic (online) submission of VAT Returns will be compulsory in Cyprus, per an announcement published in the Cyprus Official Gazette dated 16 December 2016.
All VAT registered companies and individuals will now be required to submit their returns online through the Taxisnet system.
In order to be able to electronically submit VAT Returns, we encourage all taxable persons to use the online registration, as this is the most efficient way to be registered.
First Audit Services Limited at your disposal to provide further information and assist you with the relevant application for registration with the TAXISnet system and with any related questions you may have.
Published on Friday 30th December 2016