{"id":3096,"date":"2021-07-27T16:29:00","date_gmt":"2021-07-27T16:29:00","guid":{"rendered":"https:\/\/r02fi4ct8m.wpdns.site\/obligation-of-cyprus-companies-to-accept-card-payments\/"},"modified":"2021-07-27T16:29:00","modified_gmt":"2021-07-27T16:29:00","slug":"obligation-of-cyprus-companies-to-accept-card-payments","status":"publish","type":"post","link":"https:\/\/www.gstaxconsultants.com\/el\/obligation-of-cyprus-companies-to-accept-card-payments\/","title":{"rendered":"Obligation of Cyprus Companies to accept card payments"},"content":{"rendered":"<p>The Cyprus Council of Ministers issued a Decree on 18<sup>th<\/sup> of June obliging the Cyprus companies operating in the service and retail sector to accept card payments.<\/p>\n<p><!--more--><\/p>\n<p><strong>The following business activities are obliged to accept card payment among others <\/strong><\/p>\n<p><a href=\"\/el\/services\/accounting-vat\/\">Accounting<\/a>, bookkeeping and audit services, business and tax advisors, lawyers, doctors, gyms, education services to all levels, architects and engineers, gambling establishments, hairdressers, barbershops and beauty saloons<\/p>\n<p><strong>Exemptions <\/strong><\/p>\n<p>Exemption from the obligation above have companies that operate in the sectors of processing, electricity providers, water suppliers, transportation, and information and communication (publishing, film production, broadcasting, computer programmers).<\/p>\n<p><strong>Deadlines<\/strong><\/p>\n<p>Companies are obliged to comply within three months from the date of the Decree publication (September 18<sup>th<\/sup> 2021).<\/p>\n<p>New companies registered during the last 30 days before the expiry of the three-month period must comply within four months from the Decree publication.<\/p>\n<p>Companies start or change activities after the three month-period must comply within month from the start or change in their activity.&nbsp;<\/p>\n<p>Annex <br \/> Categories of taxpayers who are obliged to accept means of payment by card in accordance with Decree 259\/2021.<\/p>\n<p> <strong>CAR:&nbsp; &nbsp;&nbsp;&nbsp;DESCRIPTION OF ACTIVITIES <\/strong><\/p>\n<p> 33.12:&nbsp; Repair of machinery<\/p>\n<p> 33.13:&nbsp; Repair of electronic and optical equipment<\/p>\n<p> 33.14:&nbsp; Repair of electrical equipment<\/p>\n<p> 45.11:&nbsp; Sale of cars and light motor vehicles<\/p>\n<p> 45.19:&nbsp; Sale of other motor vehicles<\/p>\n<p> 45.20:&nbsp; Maintenance and repair of motor vehicles<\/p>\n<p> 45.32:&nbsp; Retail trade in motor vehicle parts and accessories<\/p>\n<p> 45.40:&nbsp; Sale, maintenance and repair of motorcycles and their parts and accessories<\/p>\n<p> 47.11:&nbsp; Retail trade in non-specialized shops selling mainly food, drinks or tobacco<\/p>\n<p> 47.19:&nbsp; Other retail trade in non-specialized shops<\/p>\n<p> 47.21:&nbsp; Retail trade in fruit and vegetables in specialized shops<\/p>\n<p> 47.22:&nbsp; Retail trade in meat and meat products in specialized shops<\/p>\n<p> 47.23:&nbsp; Retail trade in fish, crustaceans and molluscs in specialized shops<\/p>\n<p> 47.24:&nbsp; Retail trade in bread, pastries and other bakery and confectionery in specialized shops<\/p>\n<p> 47.25:&nbsp; Retailing of beverages in specialized shops<\/p>\n<p> 47.26:&nbsp; Retail trade in tobacco products in specialized shops<\/p>\n<p> 47.29:&nbsp; Retailing of other foodstuffs in specialized shops<\/p>\n<p> 47.30:&nbsp; Retail trade in motor fuels in specialized shops<\/p>\n<p> 47.41:&nbsp; Retailing of computers, peripheral computer units and software in specialized stores<\/p>\n<p> 47.42:&nbsp; Retail trade in telecommunications equipment in specialized shops<\/p>\n<p> 47.43:&nbsp; Retailing of audio and video equipment in specialized shops<\/p>\n<p> 47.52:&nbsp; Retail trade in iron, paint and glass in specialized shops<\/p>\n<p> 47.53:&nbsp; Retail trade of carpets, kilims and floor and wall coverings in specialized shops<\/p>\n<p> 47.54:&nbsp; Retail trade in electrical household appliances in specialized shops<\/p>\n<p> 47.59:&nbsp; Retail trade in furniture, luminaires and other household goods in specialized shops<\/p>\n<p> 47.61:&nbsp; Retailing of books in specialized shops<\/p>\n<p> 47.64:&nbsp; Retail trade in sports equipment in specialized shops<\/p>\n<p> 47.65:&nbsp; Retailing of toys of all kinds in specialized shops<\/p>\n<p> 47.71:&nbsp; Retailing of garments in specialized shops<\/p>\n<p> 47.72:&nbsp; Retail trade in footwear and leather goods in specialized shops<\/p>\n<p> 47.73:&nbsp; Pharmaceuticals in specialized shops<\/p>\n<p>47.74:&nbsp; Retail trade in medical and orthopedic articles in specialized shops<\/p>\n<p> 47.75:&nbsp; Retail trade in cosmetics and grooming in specialized shops<\/p>\n<p> 47.76:&nbsp; Retail trade in flowers, plants, seeds, fertilisers, pets and related feeding stuffs in specialized shops<\/p>\n<p> 47.77:&nbsp; Retail trade of watches and jewellery in specialized shops<\/p>\n<p> 47.78:&nbsp; Other retail trade of new items in specialized shops<\/p>\n<p> 55.10:&nbsp; Hotels and similar accommodations<\/p>\n<p> 55.20:&nbsp; Holiday and other short-stay accommodation<\/p>\n<p> 55.30:&nbsp; Campgrounds, facilities for recreational vehicles and trailers<\/p>\n<p> 55.90:&nbsp; Other properties<\/p>\n<p> 56.10:&nbsp; Restaurant and mobile catering services activities<\/p>\n<p> 56.30:&nbsp; Beverage activities<\/p>\n<p> 59.14:&nbsp; Film viewing activities<\/p>\n<p> 61.10:&nbsp; Wired telecommunications activities<\/p>\n<p> 61.20:&nbsp; Wireless telecommunications activities<\/p>\n<p> 61.30:&nbsp; Satellite telecommunications activities<\/p>\n<p> 69.10:&nbsp; Legal activities<\/p>\n<p> 69.20:&nbsp; Accounting, bookkeeping and auditing activities;<\/p>\n<p> 71.11:&nbsp; Architects&#8217; activities<\/p>\n<p> 71.12:&nbsp; Engineering and related technical advice activities<\/p>\n<p> 74.20:&nbsp; Photographic activities<\/p>\n<p> 75.00:&nbsp; Veterinary activities<\/p>\n<p> 77.11:&nbsp; Rental and rental of cars and light motor vehicles<\/p>\n<p> 77.12:&nbsp; Rental and rental of trucks<\/p>\n<p> 77.21:&nbsp; Rental and rental of leisure and sporting goods<\/p>\n<p> 77.22:&nbsp; Rent video cassettes and discs<\/p>\n<p> 77.29:&nbsp; Rent and lease other personal or household items<\/p>\n<p> 79.11:&nbsp; Activities of travel agencies<\/p>\n<p> 79.12:&nbsp; Organized travel office activities<\/p>\n<p> 85.20:&nbsp; primary education<\/p>\n<p> 85.31:&nbsp; General secondary education<\/p>\n<p> 85.32:&nbsp; Technical and vocational secondary education<\/p>\n<p> 85.41:&nbsp; Post-secondary non-higher education<\/p>\n<p> 85.42:&nbsp; Higher education<\/p>\n<p> 85.51:&nbsp; Sports and recreational education<\/p>\n<p> 85.53:&nbsp; Driver&#8217;s school activities<\/p>\n<p> 85.59:&nbsp; Other training n.e.c.<\/p>\n<p> 86.10:&nbsp; Hospital activities<\/p>\n<p> 86.21:&nbsp; Activities in general medical professions<\/p>\n<p> 86.22:&nbsp; Activities in the practice of special medical professions<\/p>\n<p> 86.23:&nbsp; Dental activities<\/p>\n<p> 86.90:&nbsp; Other human health activities<\/p>\n<p> 87.30:&nbsp; Exclusive nursing home activities for the elderly and disabled;<\/p>\n<p> 88.91:&nbsp; Activities of nurseries and nurseries<\/p>\n<p> 92.00:&nbsp; Gambling and betting<\/p>\n<p> 93.13:&nbsp; Fitness facilities<\/p>\n<p> 93.21:&nbsp; Activities of amusement parks and other theme parks<\/p>\n<p> 93.29:&nbsp; Other entertainment and entertainment activities<\/p>\n<p> 95.11:&nbsp; Repair of computers and peripheral equipment<\/p>\n<p> 95.12:&nbsp; Repair of communication equipment<\/p>\n<p> 95.21:&nbsp; Repair of consumer electronics<\/p>\n<p> 95.22:&nbsp; Repair of household appliances and home and garden equipment<\/p>\n<p> 95.23:&nbsp; Repair of footwear and leather goods<\/p>\n<p> 95.24:&nbsp; Repair of furniture and household furniture<\/p>\n<p> 95.25:&nbsp; Repair of watches and jewelry<\/p>\n<p> 95.29:&nbsp; Repair of other personal and household items<\/p>\n<p> 96.02:&nbsp; Activities of hairdressers, barbershops and beauty salons<\/p>","protected":false},"excerpt":{"rendered":"<p>The Cyprus Council of Ministers issued a Decree on 18th of June obliging the Cyprus companies operating in the service and retail sector to accept card payments.<\/p>","protected":false},"author":7,"featured_media":3095,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-3096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-articles"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts\/3096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/comments?post=3096"}],"version-history":[{"count":0,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/posts\/3096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/media\/3095"}],"wp:attachment":[{"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/media?parent=3096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/categories?post=3096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gstaxconsultants.com\/el\/wp-json\/wp\/v2\/tags?post=3096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}