6 years

The Cypriot government introduced electronic invoicing with the Directive 2014/55/EU. Starting with business to government transactions(B2G), for public authorities and private suppliers processing and receiving e-Invoices are mandatory. Obligation has been started for Central governmental entities since 18 April 2019, the public agencies since 18 April 2020 and last for the private suppliers since 1 January 2022. Updates of the obligation of B2B transactions will be expected this year. e-Invoices can be exchanged via a government portal which is called ARIADNI and Peppol network. e-Filing of VAT returns through the Taxisnet system is mandatory for all VAT registered entities.