The VAT rules on cross-border business-to-consumer (B2C) e-commerce activities have changed throughout the EU.
Even though the relevant legislation has not been voted from the Cyprus Parliament yet, these changes apply in Cyprus as of 1 July 2021, based on the EU Directive 2006/112/EC.
The main objective of these changes is to overcome the barriers arising in respect to cross-border online sales. In particular, the changes aim to:
If you are a distance seller (or marketplace) inside or outside the EU and you are supplying or facilitating supplies to customers within the EU, you should assess the impact of the e-commerce VAT package on your operations.