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VAT (Value Added Tax) on Land from the 2nd of January 2018

The Cyprus House of Parliament voted on the 3rd of November 2017 an amendment to VAT legislation.

The vote is a result of a European Union Directive.

The parliament decision stipulates a VAT of 19% on Building Land.

The VAT decision will be implemented from the 2nd of January 2018.

Until now there was no VAT tax on the sale of any land.

 
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22, Archbishop Makarios Avenue
Livadiotis Makaria Centre,

Ground Floor Office 
Larnaca, Cyprus

Post Code - 6017

Post Office Box - 40779,

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Tel: +357 24 828 000
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*Wednesday only half day from 8.30 to 13.00

*daily the office is closed from 13.00 to 14.30