Cyprus Assesses E-Invoicing Readiness

Cyprus has launched an exercise to assess business readiness for e-invoicing and related Digital Reporting Requirements (DRR).

The initiative is being carried out by the country’s Interdepartmental E-Invoicing Group, which is gathering information on businesses’ current invoicing practices, existing use of e-invoicing and their readiness to adapt to upcoming changes at European and national level.¹

Businesses are being asked to complete a questionnaire by 27th September 2026, with the findings expected to help identify adaptation needs and areas where additional support may be required.¹ ²

The development comes as EU Member States prepare for changes under VAT in the Digital Age (ViDA). From 1st July 2030, harmonised Digital Reporting Requirements based on structured e-invoicing will apply to intra-EU B2B transactions.

Cyprus does not currently have a mandatory domestic B2B e-invoicing or VAT digital reporting regime, according to the European Commission, although B2B e-invoicing is under consideration.³

The survey therefore provides an early indication that Cyprus is starting to assess its current position and what businesses may need as e-invoicing and digital reporting requirements develop.

Sources

¹ Cyprus Employers & Industrialists Federation (OEB), E-Invoicing – Survey on the Readiness of the Cypriot Business Community

² Cyprus Chamber of Commerce and Industry (CCCI), Survey Questionnaire on Business Readiness for Electronic Invoicing and Digital Reporting

³ European Commission, eInvoicing in Cyprus

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