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VAT of certain basic goods is amended to 0% until 31/10/2023
Today (05/05/2023), a Decree amending the VAT Law in order to impose a zero VAT rate on supplies of certain basic items was published in the Official Gazette. This temporary measure against price increases will remain in force until 31 October 2023.
The zero VAT rate will apply to:
Annual levy 2023
All companies incorporated in Cyprus, irrespective of whether they are active or not, or have assets or not, are subject to a €350 levy per annum.
The last day of payment of the annual levy for the year 2023 is the 30th of June 2023. For a late payment of the 2023 Annual ...