Accounting for e-commerce businesses in Cyprus
E-commerce sellers in Cyprus face VAT complexity that ordinary businesses don't — the €10,000 EU distance-selling threshold, the One Stop Shop (OSS), VIES, multi-currency settlements and marketplace fees — all on top of the standard 15% corporate tax and the €15,600 registration threshold. We handle the lot so your VAT is right across every country you sell into.
What we take off your plate
Cross-border EU VAT
Once your EU consumer sales pass €10,000, VAT is due in the customer's country — we set up and file OSS so you don't register in every member state.
Marketplace & PSP reconciliation
Amazon/Shopify/Stripe payouts net of fees are a reconciliation headache; we map them cleanly to your books.
Multi-currency bookkeeping
Sales and costs in several currencies, reconciled to IFRS with correct FX treatment.
Inventory & margins
Management accounts that show true margin by channel and SKU, not just a year-end number.
The services that fit
VAT Services
Cyprus VAT registration, returns, VIES and OSS — handled accurately and on time so you avoid penalties.
Learn moreAccounting & Bookkeeping
Accurate, ICPAC-aligned bookkeeping and management accounts that keep your Cyprus company compliant and decision-ready.
Learn moreTax Compliance
Corporate and personal income tax returns, provisional tax and SDC — prepared accurately and filed on time.
Learn moreFrequently asked questions
Compulsorily once taxable turnover exceeds €15,600 in any rolling 12 months. For cross-border EU consumer sales, the EU-wide €10,000 distance-selling threshold brings the One Stop Shop (OSS) into play, after which VAT is due in the customer's country.
Below the €10,000 EU threshold you may charge Cyprus VAT; above it, VAT is generally due in the customer's member state at their rate, reported through OSS via a single return.
15% on taxable profit from 2026, with the participation exemption, NID and (for proprietary software/platforms) potentially the IP Box at ~3% on qualifying IP profit.
Ready to get your numbers in order?
Book a free, no-obligation consultation. We'll review where you stand and show you exactly how we can help your business or personal finances in Cyprus.
No fees. No obligation. Speak with a qualified professional today.