The European Union value added tax (EU VAT) is a value-added tax encompassing member states in European Union VAT area. Cyprus companies can obtain the EU VAT number in a simple way, starting operations and trading with the rest of European Union.

Every person, legal or physical, who provides goods and services in Cyprus, as well every person, legal or physical who acquires goods from the European Union (EU) and the importation of goods from third countries into Cyprus is liable to be registered with the VAT authorities if they exceed the threshold of €15.600 turnover per annum. Companies and persons with lower turnover can be registered voluntarily.