Cyprus E-invoicing

Cyprus may not have mandated e-invoicing so far, but there are still rules and requirements you need to be aware of—especially given the evolving nature of e-invoicing obligations around the world.

Use this page as your guide to all things Cyprus electronic invoicing. Be sure to add it to your bookmarks to keep up with future changes.

1. B2B e-invoicing in Cyprus

2. B2G e-invoicing in Cyprus

3. Timeline of e-invoicing adoption in Cyprus

4. Setting up e-invoicing in Cyprus with Sovos

5. FAQ

6. Additional resources

B2B e-invoicing in Cyprus

There is no national mandate for issuing and receiving e-invoices in Cyprus for business-to-business (B2B) transactions.

However, as per EU Directive 2014/55/EU (which Cyprus transposed into the national law of 26 June 2019), suppliers can opt to voluntarily issue electronic invoices to other businesses if they first receive an agreement from the buyer.

If they choose to issue e-invoices, the issuer must ensure the integrity of the content and the authenticity of the origin—this can be done by securing the document with an electronic signature, for example.

B2G e-invoicing in Cyprus

There is no blanket mandate for the electronic transmission of invoices in Cyprus for B2G transactions.

Since 18 April 2019, all central public sector bodies must be able to receive and process e-invoices if they comply with European Standard EN 16931. However, suppliers to these bodies are not required to issue e-invoices. These same rules were extended to apply to sub-central entities on 18 April 2020.

While there is no e-invoicing format standard in Cyprus, the most common syntax used is Peppol BIS Billing 3.0. Find out more about Peppol’s role in e-invoicing.

A centralised electronic invoicing platform is in place for suppliers that choose to issue e-invoices, allowing them to voluntarily do so through Peppol Access Points or the Cyprus Government Gateway Portal.

There are governmental discussions surrounding the introduction of a B2G e-invoicing mandate for Cyprus, but no obligations have been enforced currently.

Timeline of e-invoicing adoption in Cyprus

Below are the key dates in Cyprus’ e-invoicing journey to date.

18 April 2019: All central public sector bodies must be able to receive and process e-invoices that comply with European Standard EN 16931
18 April 2020: All sub-central public sector bodies must be able to receive and process e-invoices that comply with European Standard EN 16931
1 July 2030: Cypriot VAT-registered businesses must comply with VAT in the Digital Age (ViDA) requirements, which include mandatory e-invoicing and digital reporting for Intra-Community B2B transactions.

Setting up e-invoicing in Cyprus with Sovos

Setting up e-invoicing in Cyprus isn’t essential at the moment, but it will be one day. Like most other countries, it is on a journey to mandating the electronic transmission of invoices.

Keeping up with tax and e-invoicing developments everywhere you do business is a burden. It takes time and energy. Choose Sovos as your single compliance partner to free up your resources so you can focus on what matters: growing your business. Let’s chat.

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FAQ

Is e-invoicing mandatory in Cyprus?

No, there are no mandates for using e-invoices in Cyprus for B2B and B2G transactions. That said, central and sub-central public sector bodies are required to be able to receive and process electronic invoices should suppliers choose to issue invoices electronically.