Cyprus
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Cyprus operates a hardware-based fiscalization system under which the issuance of fiscal receipts is mandatory. While direct communication with the Tax Authority is not required, the use of certified fiscal devices is compulsory, and POS applications themselves are not subject to certification. The country has used the euro (€) as its official currency since January 1, 2008.
Cyprus
There are two main types of fiscal devices in use: all-in-one standalone cash registers and POS systems integrated with certified fiscal signature devices (fiscal drivers). POS applications themselves are not subject to certification, provided they are properly integrated with an already certified fiscal solution. The entire fiscal setup must be verified for legal compliance by certified fiscal providers, who bear responsibility for ensuring that the system operates in accordance with applicable regulations.
Type of fiscalization: Hardware
Latest news for Cyprus
See moreNew webinar was uploaded: Recorded webinar: Evolution of Fiscalization:From fiscal printers to real-time data platforms
Fiscalization has transformed from a compliance tool reliant on hardware to dynamic, software-driven platforms linking businesses and tax authorities. The webinar was presented by Dušan Bučevac, Sales Manager at Fiscal Solutions, who covered crucial fiscalization milestones and explained how real-time data has reshaped compliance, transparency, and business decision-making. Read more
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Fiscalization has transformed from a compliance tool reliant on hardware to dynamic, software-driven... Read more
Fiscal documents in Cyprus must follow strict rules. We unveil more as follows. Read more
Cyprus reduces VAT on Electricity supplies
Cyprus
Author: Nikolina Basić
Cyprus will temporarily reduce the VAT rate on certain electricity supplies from 8% to 5% for households and specific users, effective from 1 May 2026 to 31 March 2027 under Decree No. K.D.P. 167/2026. Cyprus has announced a change to its value-added tax (VAT) schedule, lowering the reduced VAT rate on certain electricity supplies. According to Decree No. K.D.P. 167/2026, published in the Officia... Read more
Cyprus will temporarily reduce the VAT rate on certain electricity supplies from 8% to 5% for househ... Read more
VAT changes in Cyprus from April 2026
Cyprus
Author: Nikolina Basić
Cyprus has introduced a temporary 0% VAT rate on fresh, chilled, and frozen meat and fish from 6 April to 30 September 2026, under Decree K.D.P. 168/2026, as part of efforts to reduce food costs. Processed products such as sausages, burgers, and prepared fish remain subject to the reduced 5% VAT rate. Cyprus has introduced a temporary zero rate of value-added tax (VAT) on supplies of meat and fish... Read more
Cyprus has introduced a temporary 0% VAT rate on fresh, chilled, and frozen meat and fish from 6 Apr... Read more
Is e-invoicing implemented in Cyprus?
Cyprus
Author: Nikolina Basić
E-invoicing in Cyprus is partially implemented: it is mandatory for public authorities to receive electronic invoices in B2G transactions under Law 89(I)/2019, while B2B e-invoicing remains voluntary and based on mutual agreement. Businesses can use channels such as PEPPOL, the Ariadni platform, or third-party providers, with broader mandatory requirements expected in the future under the EU ViDA... Read more
E-invoicing in Cyprus is partially implemented: it is mandatory for public authorities to receive el... Read more
Fiscalization in Cyprus: definition of the fiscal electronic mechanism for tax control
Cyprus
Author: Nikolina Basić
Cyprus has defined fiscalization around Electronic Tax Registers / Fiscal Electronic Mechanisms, which issue and securely store tax documents in tamper-proof fiscal memory connected to POS or computer systems, ensuring transparent transaction recording and effective tax audits. The Ministry of Finance in Cyprus has outlined the role of fiscal devices, known as Electronic Tax Registers (ETRs) or Fi... Read more
Cyprus has defined fiscalization around Electronic Tax Registers / Fiscal Electronic Mechanisms, whi... Read more
Latest document for Cyprus
See moreCertification and Approval Procedures for Tax Mechanisms (GR)
Cyprus
Author: .....
This document is a ministerial regulatory act that establishes the legal, technical, and procedural framework for the certification, approval, and control of Fiscal Electronic Mechanisms (ΦΗΜ) used to issue tax receipts and fiscal documents in Greece. Read more
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This document is a ministerial regulatory act that establishes the legal, technical, and procedural... Read more
Certification and Approval Procedures for Tax Mechanisms (EN)
Cyprus
Author: .....
This document is a ministerial regulatory act that establishes the legal, technical, and procedural framework for the certification, approval, and control of Fiscal Electronic Mechanisms (ΦΗΜ) used to issue tax receipts and fiscal documents in Greece. Read more
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This document is a ministerial regulatory act that establishes the legal, technical, and procedural... Read more
Tax Electronic Marking mechanism (GR)
Cyprus
Author: ....................
This document is a technical product specification and approval notice for the CY-NET100 USB Tax Electronic Marking Mechanism, a certified fiscal device used in Cyprus to ensure legal issuance of invoices and receipts. Read more
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This document is a technical product specification and approval notice for the CY-NET100 USB Tax Ele... Read more
Tax Electronic Marking mechanism (EN)
Cyprus
Author: .........
This document is a technical product specification and approval notice for the CY-NET100 USB Tax Electronic Marking Mechanism, a certified fiscal device used in Cyprus to ensure legal issuance of invoices and receipts. Read more
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This document is a technical product specification and approval notice for the CY-NET100 USB Tax Ele... Read more
The Certification and Control of Cash Registers (GR)
Cyprus
Author: .......
Decision No. 224/2010 establishes the technical, operational, and security requirements for Fiscal Electronic Mechanisms (FEMs) used to issue and record tax receipts, invoices, and other fiscal documents in a tamper-proof manner. It defines mandatory hardware, fiscal memory, software, and security features to ensure that all taxable transactions are permanently recorded, traceable, and auditable by the tax authorities, including strict rules for daily closures (Z-reports), cancellations, returns, and timekeeping. Read more
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Decision No. 224/2010 establishes the technical, operational, and security requirements for Fiscal E... Read more
The Certification and Control of Cash Registers (EN)
Cyprus
Author: ..........
Decision No. 224/2010 establishes the technical, operational, and security requirements for Fiscal Electronic Mechanisms (FEMs) used to issue and record tax receipts, invoices, and other fiscal documents in a tamper-proof manner. It defines mandatory hardware, fiscal memory, software, and security features to ensure that all taxable transactions are permanently recorded, traceable, and auditable by the tax authorities, including strict rules for daily closures (Z-reports), cancellations, returns, and timekeeping. Read more
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Decision No. 224/2010 establishes the technical, operational, and security requirements for Fiscal E... Read more