The Cyprus Tax Department has issued an announcement informing all Reporting Platform Operators and their representatives that the data submission under the Administrative Cooperation in the Field of Taxation (Amended) Law of 2023 (N.105(I)/2023) for the year 2023 has started. This process will be performed through the DAC7 Government Gateway Portal using XML type files.
The submission process requires the following steps:
With the submission of every XML file a validation check will be performed (against the XSD files) and the user will be informed immediately. Additional checks will be performed regarding the content of each file, at a later stage, with the user to be informed through the email address stated during the DAC7 e-service registration.
A list of the submitted files along with their status is available through the ‘XML Submissions’ option.
Please note that, according to DAC7, the data submission also includes the reportable sellers that are Cyprus tax residents.
Our office can provide our clients support on all DAC7 compliance related matters.
Contact
Tax Department
tax@kinanis.com
OUR FIRM
We are a Law Firm with offices in Cyprus consisting of more than 65 lawyers, accountants and other professionals, consulting international and local clients.
The Firm and its predecessors offer to their clients legal and advisory services since 1983. The Firm gradually evolved over the years, from one traditional law Firm into an innovative pioneering Law Firm that combines exceptional expertise in corporate law, trusts, taxation, VAT, accounting, litigation, financial services, labour law, migration and technology.
Since its establishment, the focus of the Firm has been largely oriented towards corporate businesses and always compatible with the latest global developments and innovations.
Drawing from the team of our experienced professionals, we provide to the clients' businesses our full legal, tax and accounting support on a daily basis as well as tailored solutions to today's global economic and legal challenges. Our Firm is constantly harmonizing and adapting to technological developments by providing a corresponding support to its customers.
It is our policy to anticipate and prevent any issues that may arise and impact our clients' businesses and offer effective advice, timely and proactive solutions.
We participate in the operations of our customers and have as our vision and pride to become part of their story having as flag, the motto "...Being part of their story is our pride..."
Kinanis LLC
Lawyers’ Limited Liability Company
12 Egypt Street
1097 – Nicosia
KinanisLLC@kinanis.com
www.kinanis.com