{"id":55231,"date":"2026-10-02T09:45:55","date_gmt":"2026-10-02T07:45:55","guid":{"rendered":"https:\/\/www.oeb.org.cy\/tax-department-research-on-electronic-invoicing-and-vat-in-the-digital-age-vida\/"},"modified":"2026-10-02T09:45:55","modified_gmt":"2026-10-02T07:45:55","slug":"tax-department-research-on-electronic-invoicing-and-vat-in-the-digital-age-vida","status":"publish","type":"post","link":"https:\/\/www.oeb.org.cy\/en\/tax-department-research-on-electronic-invoicing-and-vat-in-the-digital-age-vida\/","title":{"rendered":"Tax Department Research on Electronic Invoicing and “VAT in the Digital Age” (ViDA)"},"content":{"rendered":"

The Employers and Industrialists Federation (OEB) informs you that the Department of Taxation<\/strong> is conducting a survey, through a questionnaire, in the context of the preparation of Cyprus for the implementation of the “VAT in the Digital Age<\/strong><\/strong>” (<\/strong>ViDA)<\/strong><\/strong> package.<\/p>\n

The ViDA package introduces significant changes to the European VAT framework, with a particular focus on eInvoicing<\/strong> and Digital<\/strong> <\/strong>Reporting Requirements<\/strong> (<\/strong>DRR<\/strong>).<\/strong><\/strong><\/p>\n

From 1 July 2030<\/strong>, the new requirements for electronic invoicing and digital data reporting will apply to cross-border business-to-business (B2B) transactions within the European Union. The changes may require adjustments to businesses’ accounting systems, ERP systems, invoicing software, and related business processes. <\/p>\n

The purpose of the survey is to record the current situation and, among other things, to collect information on:<\/p>\n