All Cypriot VAT returns must be submitted electronically since 2 May 2017. Prior to these changes, paper VAT returns were still accepted even from non-established companies only registered for VAT purposes in Cyprus.
If your business is currently submitting paper returns in Cyprus, you should register in the website TaxisNET to get a username and password allowing electronic submission of all future returns. This website also allows to complete electronically additional forms required when your VAT return is in a VAT repayment position. VAT payments, however, are still required as a bank transfer...Read more
Cyprus announced a new reduced VAT rate on efficient energetic units installed in houses. This reduced rate of 5 is part of the program to promote housing renovation and improve energetic efficiency.
VAT rate changes are often introduced with little time to adapt your ERP system and update your reporting processes. When adapting your system, it is important to cover scenarios like credit notes, advance payments or continuous supplies of goods or services. Marosa can assist multinational companies adapting to these changes from an statutory and systems perspective.... Read more
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Marosa provides a one-stop solution for VAT obligations in all European countries. We assist clients with a single point of contact that speaks their language and handles all VAT related issues with a standard and cost efficient approach.
The Portuguese authorities published guidelines on how to make VAT payments from a foreign bank account . These guidelines area important for foreign businesses...
Marosa developped a solution to comply with the Spanish SII during those first weeks of July in which your ERP system is not yet ready. Despite announcements...
As from 1 June 2017, reverse charge applies on certain telecommunication services in The Netherlands. Following an increase of carousel fraud in this sector,...
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