Are you registered with the VAT Tax department?

From 1.10.2020 you have the right not to be charged VAT on mobile phones, consoles
for games, tablets and laptops

Dear customers, 

              
We inform you that as from October 1st, 2020,  the addition of Article 11E will come into force for the possibility of no charge of VAT on the purchase of specific goods *. 

In particular, the addition of Article 11E indicates that VAT on the sale of certain goods * from one taxable person to another taxable person (B2B) is not charged by the supplier and the customer treats the transaction on the basis of the reverse charge provisions in Cyprus. 

This article concerns the following categories of goods:

• Mobile phones

• Gaming consoles, tablets and laptops (excluding PCs with a tower)

• Integrated circuit mechanisms such as microprocessors and central processing units (before incorporating them into other end products)

IMPORTANT! The above legislation applies to all those who are registered with the VAT Tax Department, within the Republic at the time of the transaction.

For our full compliance with the Legislation, you must inform us whether you have a valid VAT number, by filling out your details in the form below so that we can register you in our systems to ensure that invoicing is done correctly.

In case we do not have any update from you or you fail to fill out your details in the form, we will consider that you are not eligible under the provisions of the new article and Cypriot VAT will be imposed when buying products from our stores.

We urge you to visit the VAT Tax Department website and Interpretive Circular 242 for more information.

If you are affected by the above legislation, please fill out the form below the latest by Monday 28/9/2020.