On 23 December 2020, the Cyprus Council of Ministers issued a decree approving the imposition of a zero VAT rate on the delivery of in vitro diagnostic medical devices and vaccines used in the response to COVID-19. The zero VAT rate applies as from 23 December 2020 until 31 December 2022.
Source Deloitte
Latest Posts in "Cyprus"
- Cyprus Extends Zero VAT on Essential Goods and Cuts PV System Rate
- Cyprus Reduces VAT to 9% on Residential Photovoltaic Systems
- Cyprus Extends Zero VAT Rate on Baby Products, Hygiene Items, Fruit and Vegetables Until End-2027
- Cyprus approves temporary 0% VAT on essential goods
- Cyprus: Zero VAT Rate Applied to Essential Goods Until May 2027
