Cyprus: Zero VAT rate on basic goods through 2025
Delivery of certain goods from November 4, 2024, to December 31, 2025
The tax department announced that the Council of Ministers decided to impose a zero value added tax (VAT) rate on the delivery of certain basic goods from November 4, 2024, to December 31, 2025.
The goods subject to the zero VAT rate include baby milk (both liquid and powder), diapers, and products for female hygiene protection. Additionally, the zero VAT rate applies to certain fresh or simply refrigerated vegetables and certain fresh fruits.
Read a January 2025 report prepared by the KPMG member firm in Cyprus