E-Invoicing in Cyprus

​In Cyprus, electronic invoicing was introduced in public procurement introduced gradually. Central government authorities have been 2019 obliged to receive and process electronic invoices, while all other public bodies have been subject to this obligation since 18 April 2020 Suppliers can voluntarily send their invoices via Peppol or the government portal ARIADNI The Cypriot government plans to make e-invoicing mandatory in the B2G sector, with implementation originally scheduled for 1 January 2022 was intended.

schedule

2019: Introduction of electronic invoicing for central government departments.

2020: Introduction of electronic invoicing for other public bodies.

2022: Introduction of electronic invoicing for public and private suppliers.

applicability

The e-invoice primarily covers Business-to-Government (B2G) transactions.

format

CIUS – PEPPOL TO Billing 3.0-Format.

Electronic signature

Electronic signatures are not mandatory.

Archiving

E-invoices must 6 years long be archived.


Further information on electronic invoicing in Cyprus:

https://www.mof.gov.cy/mof/tax/taxdep.nsf/index_en/index_en?opendocument


e invoice 2

GOpus® eInvoice

Our GOpus® eInvoice The solution integrates with SAP ERP and SAP S/4HANA and supports the creation of outgoing e-invoices in all international country formats. This allows you to create and send all your invoice content between different international invoice issuers and recipients directly from your SAP system, and to archive all invoice documents with comprehensive monitoring. Integration with the SAP modules SD, FI, MM, RE/FX, IS-H, IS-U, and SAP Service Billing is possible. Further integrations are available upon request.


Do you have further questions about our solution or would you like to learn more about the e-invoicing regulations in Cyprus?

We will be happy to personally assist you with any further questions you may have about our solution and the regulations.

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