Starting a Business in Cyprus: A Step-by-Step Guide

For non-resident businesses that want to operate in Cyprus, registering for VAT is often a necessary step to legally conduct business within the country. Non-residents must meet the same criteria as residents for VAT registration, but there are additional requirements that must be met.

Non-residents applying for Cyprus VAT must first establish a permanent establishment or representative in the country. This representative acts as the point of contact between the business and the Cyprus Tax Department. The representative must be a person or company based in Cyprus and is responsible for ensuring that the VAT registration and reporting obligations are met.

Non-resident businesses can apply for VAT registration using the same online portal as residents. However, they will need to submit additional documents, including proof of the permanent establishment and a formal appointment of the representative. Once the registration process is complete, the business will be able to charge VAT on its sales in Cyprus and reclaim VAT on eligible expenses.

Start a business in Cyprus

Cyprus Accounting service

Apply for Cyprus VAT

Cyprus Virtual office