How to settle an invoice from Cyprus?
If you have opted for using European VAT invoice accounting scheme, you will receive an invoice from our company based in Cyprus.
What do particular invoicing methods involve?
Such invoice must be accounted for as import of services from another EU country, namely Cyprus which is the place where services are provided. The invoice does not include VAT according to the reverse charge mechanism. The invoice amount must be entered in the VAT-7 declaration, both in the "output tax" and in the "input tax" and therefore the accounting of such an invoice results in no VAT. On the other hand, it is not necessary to include the invoice in your VAT-EU return, however, you need to have a European VAT number to receive such invoice.
Czy ten artykuł był dla Ciebie pomocny? Tak Nie
Nie znalazłeś w naszym serwisie odpowiedzi na swoje pytania?
Skontaktuj się z nami, aby uzyskać pomoc od naszych ekspertów:
Nie możesz odnaleźć funkcji opisanej w pomocy ?
Niektóre funkcje są dostępne tylko dla kont w wersji profesjonalnej.