Photo from: KINANIS LLC – 3rd  Photography Competition 2021 – Theme: “Freedom” – Photographer: Katia Ioannou– Photograph Title: ‘Travelling is freedom‘
26.02.25
Webinar: Mastering VAT in Cyprus: Goods vs. Services


Join our exclusive two-part seminar to demystify VAT treatment for goods and services in Cyprus. Designed for professionals, this seminar provides practical insights, compliance strategies, and solutions to handle complex VAT scenarios.

WHO SHOULD ATTEND?

  • Accountants and auditors
  • Business owners and finance professionals
  • VAT consultants and legal advisors


WHERE AND WHEN

Dates:
Part 1: [26 February 2025]
Part 2: [27 February 2025]

Time: 9:00 AM – 1:00 PM, introducing a break of 15’ for each session

Location: The course will be held online via zoom
Language: Greek language with the slides in English


WHY ATTEND?

  • Learn from a renowned VAT expert specializing in Cyprus regulations.
  • Gain practical, sector-specific insights to ensure compliance.
  • Clarify doubts with interactive Q&A sessions and real-life case studies.


SEMINAR COST AND DURATION

The seminar’s cost and duration for participation is presented below:

Duration:
6 hours

Registration Fees:

  • Individual Session: €225.00 + VAT
  • Both Sessions: €360.00 + VAT (20% Discounted rate)


REGISTRATION

To register please complete our online registration form here:


MODULES

Part 1: VAT Treatment of Goods

  • Understanding VAT rules for supply chains and trade.
  • Key principles of intra-EU acquisitions and dispatches.
  • Export and import procedures and related VAT implications.
  • VAT adjustments for damaged, lost, or written-off goods.
  • VAT exemptions for goods.

Part 2: VAT Treatment of Services

1. Core Principles

  • Understanding the place of supply for services:
    • General rule for B2B and B2C transactions.
  • Exceptions for services related to immovable property, transportation, and events.

2. Cross-Border Transactions

  • VAT on services from EU-established suppliers.
  • VAT on services from non-EU suppliers (e.g., reverse charge mechanism).
  • Use of the OSS (One-Stop Shop).

3. Reverse Charge Mechanism

  • When and how to apply the reverse charge on services.
  • Practical examples of compliance with the reverse charge mechanism.

4. Practical Case Studies

  • Analyzing real-world scenarios to reinforce learning.
  • Hands-on exercises to apply VAT principles in day-to-day business.


INSTRUCTORS CURRICULUM VITAE

Demetra Constantinou, Partner, VAT Department

Demetra Constantinou holds a BSc in Public & Business Administration. In 2009 she obtained her professional qualification of ACCA and since then her professional development escalated by adding further professional qualifications in her curriculum as follows;
Chartered Institute of Taxation, Advanced Diploma in International Taxation (ADIT) – Specialization in EU VAT, CySEC's Advanced Certificate in Financial Services Legal Framework.

Demetra commenced her career in 2006 at Kinanis LLC and has walked her way towards partnership through various managerial and strategic roles. Currently, she is a Partner at Kinanis LLC and manages the Accounting and VAT Department. Her main area of practice is Accounting and VAT consultancy for local and international clientele, as well as General Tax Advisory Services for EU based clients on various EU tax matters relating to VAT Law, Blockchain consulting services on Tax and VAT aspects.

Demetra has extensive experience in rendering lectures on Paper P6: Advanced Taxation of the ACCA qualification and other seminars on VAT topics. She has also been a guest speaker in a number of internal and external seminars and conferences on her topics of expertise. In January 2019 she obtained her professional qualification as Certified HRDA Trainer of Vocational Training.


ADDITIONAL INFORMATION

Contact Mrs. Ivi Papaioannou at academy@kinanis.com (22 558836)