An amendment published in Cyprus' official Gazette on 20
August 2020 makes the following main changes to the Cyprus VAT
law:
1) New Definition Of Legal Person
The amendment introduces a new definition of "legal
person" for purposes of the VAT law, to clarify that the term
includes a company, partnership, association, or club regardless of
whether it is established in accordance with the provisions of any
law or regulation. The purpose of the amendment is to harmonise the
definition with the one included in the Cyprus income tax law.
2) Application Of Article 11B
Article 11B of the VAT law provides that a customer must account
for VAT on the acquisition of certain services (and in some cases
goods provided with the services) for purposes of the construction,
demolition, repair, or maintenance of any civil engineering
project. Under the amendment, Article 11B applies where any person
provides such services (and, if applicable, goods). Previously, the
article
