The Cyprus Tax Department has announced that the deadline for submission of the VAT Return and payment of the VAT due for the period ending 30 November 2025 as well as the submission of the Recapitulative Statement (VIES) relating to December 2025 are extended until 20 January 2026.
Key provisions
Important Note
Submissions or payments made after 20 January 2026 will be considered late and will be subject to the following penalties:
- €100 for late submission of the VAT return
- 10% surcharge on any unpaid VAT amount
- €50 for late submission of the VIES statement
We strongly advise you to complete the necessary filings and payments before the revised deadline to avoid any penalties.
How can KPMG assist?
Should you require further clarifications concerning the above, please contact our trusted advisors in the Indirect Tax Department at KPMG Cyprus.
KPMG’s Indirect Tax team provides advice and assistance at the Cyprus and international level. We structure our effort to dovetail with your business issues and strategy. Our focus is on supplying value adding and pragmatic advice rather than just a list of recommendations.
Our tax professionals are able to review your company’s current tax position and provide relevant advice and planning on a range of green initiatives, indirect taxes, including VAT, customs duties and excise taxes (such as tax audits, reorganizations and acquisitions, etc.). Furthermore, we can help your company with its administrative obligations and contacts with administrative bodies.
