Cyprus Car Import Tax Calculator | RoRo & Container Vehicle Shipping. 39(I)/2019, which was published in the Official Journal of the Republic of Cyprus No. This calculation is as follows: KRA provide the current Retail Selling Price (CRSP) for your vehicle. AutoShippers cannot be held responsible for any customs problems arising from failure to abide by the laws and regulations of the Cypriot authorities. The standard import duty rate for passenger cars (i.e. country A copy of a valid MOT certificate will only be needed if you would like us to arrange collection of your vehicle in the UK using an insured driver. 4693. Up to the date of its acquisition, the vehicle has travelled more than 6,000 kilometers. Valid vehicle insurance from a company registered and operating in Cyprus. Proof of the vehicles shipment and arrival such as the bill of lading that we will provide following departure of your vehicle from the UK. Even though we try to make sure that all the values . This is possible as long as they are accompanied by the Certificate of Conformity (CoC) of the vehicle from the date of first registration. Disclaimer: This tool should only be used as a guide to what deductions to expect. Vehicle Collection / Delivery Provide us with the address for collection and details of the vehicle you want to be collected. When shipping a package internationally from Cyprus, your shipment may be subject to a custom duty and import tax. Under relief from duties and taxes. The calculation is based on the amount of carbon dioxide emissions into the atmosphere per 1km. The import duty for passenger cars is 10%, and it varies between 10% and 22% for commercial vehicles. IDF. Tax exempt remuneration. a. Persons transporting into the Republic of Cyprus a private motor vehicle or motor cycle from another member state, may prove its union status by producing: T2L or 2LF document; or Your car insurance does not usually cover you for damages or loss during transit. For us to arrange shipment of your vehicle from the UK we will simply need the below documentation from you to meet UK Customs export requirements: When your vehicle has been shipped from the UK, we will provide you with a copy of the Bill of Lading covering your shipment to Cyprus. The application process for permanently importing your car after it has been imported under the temporary import scheme is the same as the process detailed below under Option 2. with the only difference being that you will also be required to present your C1040 form to Cypriot customs as part of the below documentary process. Website: www.mcw.gov.cy/mcw/rtd/rtd.nsf/index_en/index_en?OpenDocument To calculate the import duty and VAT, you will need to complete an SAD form and provide evidence of the vehicle's customs value, including the purchase price, freight charges, and insurance (if applicable) up to the point of entry into the Republic of Cyprus. In addition to this you will also be required to pay registration tax and road tax to use your vehicle on Cypriot roads. The ageis counted from the Date of First Registration up the date of arrival at the port in Cyprus. Republic of Cyprus guide to the transfer of normal residence from outside The EU. Do not assume that bringing your car to Cyprus will be financially viable. When your vehicle arrives in Cyprus there are some standard costs you should expect to pay in relation to fees levied by the port and local agent in respect of handling your vehicle at the port and for the completion of customs Clearance formalities. Information, For more information, you may write to the following address. Imports of motor vehicles from the UK are subject to the provisions of the Value Added Tax Law. The period from the date of its first entry into service (date of first registration) up to the date of delivery for the purposes of its acquisition in the Republic of Cyprus (date of purchase for the purpose of its transport to the Republic of Cyprus) is more than six months; and To receive a FREE QUOTE, please contact us today. In order for the import duty and V.A.T. For motorcycles with an engine capacity up to 250cc the import duty rate is 8%, and for motorcycles with an engine capacity exceeding 250cc the import duty rate is 6%. Transglobal Forwarding Ltd was formed to provide an exceptional shipping experience by providing efficient communication and high customer service satisfaction. Shoham (Cyprus) Ltd Limassol, Cyprus T:+357-25-208700 F:+357-25-568990, Shipping and freight forwarding agent in Cyprus. It would need to be approved by FIVA (Federation Internationale des Vehicules Anciens) and hold a valid certificate and a declaration that the vehicles specifications are in compliance with the International Technical Code for Vintage Vehicles. In some cases, proof may be based on importers knowledge provided that the importer has all information to prove the origin of the vehicle. In this guide we are pleased to provide information for both of these options together with details of documentation that will be needed to Customs clear and register your vehicle as well as charges you should expect to pay. 4538 on 23/12/2011. Alternatively, proof may be based on the importers knowledge provided that the importer has all the necessary information to prove the origin of the vehicle. When transferring your normal residence to Cyprus you are permitted to import one motor vehicle into the country exempt from duty and tax provided the following criteria are met; You may also be required to produce documentary evidence to Cypriot customs in relation to both your transfer of residence and in regard to ownership of your vehicle. Here you can buy a vehicle registration number which is available after the completion of the auction process. Cyprus Government Car Import Regulations from The UK. . You must have owned and used the vehicle in the UK for a period of at least six months before transferring your residence to Cyprus. While charges for a roadworthiness certificate can vary dependent on any work that may be required on the vehicle, you should expect to pay around EUR35 for the test to be completed. Renewal of road tax You can renew your road tax here. The import duty on goods imported from countries outside the EU is provided uniformly by TARIC, i.e. Road tax can be renewed for three, six, nine or 12 months (1 January to 31 December). Air Freight cargo services normally run daily to all main destination with UK pickup and delivery at destination airport usually within 7 days. If you are importing your vehicle into Cyprus on a temporary basis, you can import and use your vehicle on its existing registration plates for up to a maximum of 6 months. Using the Temporary Import Scheme when a vehicle first arrives is the most commonly preferred option when importing a vehicle as it helps avoid potential port storage costs and also provides the convenience of being able to use your vehicle while your application is being processed. In addition to the SAD, evidence required for the calculation of the vehicles customs value (i.e. Unfortunately, Some Paperwork Is Required From the customs office it is simply a short walk to the port terminal where you present the customs stamped DO and collect your car. Forcommercial type motor vehiclesthe import duty rate varies between 10% and 22%. Cyprus Government Car Import Regulations. Professional qualifications / registry and licenses to practice, Secondary Technical and Vocational Education and Training, Starting, running and closing business entities, Direct taxation - citizens and businesses, Application Status / Documents Verification, Issue or replace motor vehicle registration plates, Issuance of a single vehicle type-approval certificate, Information about technical characteristics of vehicles, Participation in the auction process for obtaining a vehicle registration number, Display details of vehicle and driving license. If either (or both) of the above conditions are not met, the vehicle will be considered as new upon entry into the Republic of Cyprus and will be liable for payment of VAT, regardless if VAT has previously been paid in the previous member-state. We have compiled this quick reference guide covering everything from documentation you will need to what options are available to you at destination and charges you should expect to pay when your car arrives in Cyprus. D. Motor Vehicle Registration in the Republic of CyprusAfter a vehicle is cleared from Customs it must be registered before it can be licensed for road tax purposes. To clarify, the vehicle should be less than 5 years old on the date of its arrival. WhatsApp CUSTOMS & EXCISE - Vehicles. We are a fully registered and reputable company providing premium forwarding services with abundance of freight knowledge. Cypriot Customs offices are located in Limassol & Paphos. As from 01/12/2021, Director General of the Department is Mrs Theodora Demetriou. Subject to certain conditions, you may be entitled to the following tax exemptions on your remuneration as outlined in the Cyprus Income Tax Law 118(I)/2002 (as amended): - 20% of your gross remuneration or 8,550 (whichever is lower) 8(21) - 50% of your gross remuneration 8(23) Motor vehicles that do not comply with the specific rules of origin are subject to the general duty rate applicable to any third country in accordance with the Common External Tariff of the European Union. There are exceptions however, so it is always best to ask further advice when booking your shipment. Transfer of Normal Residence There are two different import options available when your car arrives in Cyprus. Address. Upon importation, motor vehicles are subject to the standard VAT rate which is currently 19% and it is calculated on the taxable value which consists of the sum of the customs value and the import duty. Option 1. 10. After a vehicle is cleared from Customs it must be registered before it can be licensed for road tax purposes. It is the preferred choice when shipping exotic and high value vehicles. On arrival of your vehicle in Limassol you will have to pay our agents some standard fees in relation to the physical handling of your car and the preparation and presentation of documents to Limassol customs authorities. Republic of Cyprus guide to the transfer of normal residence from outside The EU. Can you Arrange the Delivery to Door? Value Added Tax (VAT) We will come to collect the vehicle at a convenient time and deliver it to the port. Once we have confirmation that your vehicle has departed, we will send you all the required documentation and details of the overseas agent. Our department falls under the Ministry of Finance. Ship it with us today? Container Shipping Cars to Africa, America, Asia, Australia and Europe. Welcome to the Cyprus Customs and Excise Department's website. Invoice or Bill of Sale if the car is not registered to the person importing. Procedure of new means of transport arriving in the Republic under the Transfer of Normal Residence Scheme: Relief on motor vehicle has been abolished according to Decree no. A copy of a valid MOT certificate will only be needed if you would like us to arrange collection of your vehicle in the UK using an insured driver. More details can be found on the Republic of Cyprus Customs & Excise Department website here. The standard import duty rate forpassenger carsis 10%. motor vehicles designed primarily for the transport of persons), either new or used is 10%. You can take personal effects within your vehicle if you are shipping on a dedicated containerised service or R-Rak Shared Container service. If you have a lot of personal effects to take with you then you can contact our sister company 1st Move International. If your car has an engine capacity of 1450 cubic centimeters (cc) and below, you will have to pay 0.04272 per cc. Therefore, in order for a motor vehicle to be considered as originating based on the knowledge of the exporter, evidence regarding the value of the final product as well as the value of all the non-originating materials used in the production of that vehicle, must presented to the Customs Department. According to Annex 3 of the Agreement, the rule for motor vehicles is based on value. to be paid, an SAD form must be completed. If your vehicle does not have a valid MOT, or if you would simply prefer, we also offer a collection service using car transporters or a fully enclosed collection vehicle. These need to be filled out in the currency of origin. VAT. There are three levels or insurance cover to choose from, we would never recommend shipping your vehicle without some sort of cover. It is noted that with regard to the registration of motor vehicles that are imported from countries outside the EU, certain restrictions are applied by the Department of Road Transport, which is the competent authority for matters of motor vehicle registration and circulation in the Republic of Cyprus. For the registration of your vehicle, you must present the V5C and a recent roadworthiness certificate must be issued in Cyprus. On successful application you will be issued with a C72A to be presented with your vehicle to the Inland Transport Department to be registered. Our regular and highly sought after car shipping destinations are as follows, you can also get your RoRo rates to Australia,Cyprus, USA, Namibia, South Africa, Maputo, Jamaica, New Zealand. As well as shipping cars we also ship vehicles including vans, motorbikes, trucks, caravans and motorhomes overseas by either RORO or container for both our private & corporate clients by sea. For more information, you may write to the following address: he Director, Further Information You must have owned and used the vehicle in the UK for a period of at least six months before transferring your residence to Cyprus. Participation in the auction process for obtaining a vehicle registration number You can participate in the auction process for a vehicle registration number. Cyprus Customs & Excise Department - Vehicles, Cyprus Customs & Excise Temporary Import of Vehicles. Road tax in Cyprus is calculated by combining the flat rate tax based on the age and fuel type of the car, plus calcuating the specific taxable rate based on the CO2 (NEDC) emissions. Get the facts about shipping your car to Cyprus and know before you go to avoid delays and problems. Further information on import duty and tax can be found on the Cypriot Ministry of Finance website here. Free shipping for many products! is different, and to ship to Cyprus, you need to be aware of the following. We look forward to hearing from you. the purchase price plus freight charges and insurance (if any) up to the port or airport of entry into the Republic of Cyprus) must be presented to Customs. Transglobal Forwarding Ltd offers reliable and affordable international car shipping services from or to the UK by sea or road every week. Important Note on Cyprus car Import Regulations, duties and taxes. You will need to present customs with the C104O form previously issued to you, that together with the Customs T2L form, comprise your application to permanently import your vehicle. which is 5%, provided that the prerequisites mentioned there apply. After a motor vehicle is cleared from Customs it must be registered before it can be licensed for road tax purposes. Our department falls under the Ministry of Finance. The import tax charged on a shipment will be 19% on the full value of your items. VAT Calculator. The vehicle must be in Free Circulation in the UK prior to shipment. Disclaimer: This tool should only be used as a guide to what deductions to expect. Transglobal Forwarding Ltd Registered in England and Wales. Get the Right Figure. Evidence of employment both in the UK and in Cyprus (eg. Welcome to the Cyprus Customs and Excise Department's website. Simply let us know if this would be of interest and we will be happy to discuss options and associated costs you should expect to pay for registration to be completed for you. As a rule of thumb, vehicles being shipped from either Southampton or Portbury in Bristol to anywhere overseas are not permitted to have any belongings left inside the vehicle when being shipped from these UK ports. Duty = ( Invoice value + shipping cost ) x 10%, VAT= (Invoice value + shipping cost + duty) x 19%. Vehicles from countries outside the European Union. Be sure to take all documentation, including your Co2 certificate, with you as it will be required by the examination centre to issue a roadworthiness certificate.
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