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Cyprus: Leading EU Efforts In Migrant Returns

by News Editor

April 2, 2025

Cyprus has emerged as a leader among EU nations in successfully returning irregular migrants, as highlighted by Interior Minister Constantinos Ioannou at a recent gathering in Larnaca.

The Numbers Speak

This November saw Cyprus achieving a new balance in migration, with returns outpacing arrivals, showcasing a positive trend. The focus, according to Ioannou, is to bolster the return sector to manage migration effectively.

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Since April, a doubling in asylum examiners and a 50% dip in new applications have helped boost returns by 60% compared to 2022. By October 2023, a total of 9,300 individuals departed Cyprus, a significant rise from 5,800 during the same period in 2022.

European Union Support

The Minister emphasized the necessity for EU-level coordination, highlighting the importance of agreements with third countries as part of the Eastern Mediterranean Action Plan. This approach aims to alleviate pressure on frontline countries.

With the European Commission’s allocation of €162 million for Cyprus’s Internal Affairs Funds from 2021-2027, including €134 million from EU resources, Cyprus is well-equipped to handle migration challenges. These measures underscore the EU’s recognition of Cyprus’s disproportionate burden.

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EU E-Commerce VAT Systems Generate €257.9 Million Revenue for Cyprus in 2024

by THEFUTURE.TEAM

August 11, 2025

Robust Revenue Growth Through Streamlined VAT Collection

Cyprus has demonstrated a significant fiscal boost in 2024 with €257.9 million generated from the European Union’s e-commerce VAT systems, according to Tax Commissioner Sotiris Markides. This impressive performance underscores the effectiveness of the One Stop Shop (OSS) and Import One Stop Shop (IOSS) frameworks in simplifying cross-border tax compliance.

Simplified Procedures for EU and Non-EU Businesses

The OSS system allows Cyprus-registered businesses to streamline VAT declaration and payment on sales to consumers in other EU countries. Companies simply register on the local OSS platform, apply the consumer’s VAT rate, aggregate their submissions quarterly or monthly, and remit a single consolidated payment. Subsequently, Cyprus allocates the appropriate share to each respective EU country. This efficient process extends to non-EU sellers as well, who can have their intra-EU distance sales managed under the Union Scheme.

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Breakdown of VAT Revenue Streams

Last year’s declarations under the various schemes illustrate the system’s broad reach: €217.9 million was collected via the Union Scheme, €36.9 million through the Non-Union Scheme, and €3.1 million via the Import Scheme. While the Union Scheme caters to both EU and non-EU sellers engaging in distance sales, the Non-Union Scheme specifically accommodates non-EU firms delivering services to EU consumers. Furthermore, the Import Scheme targets goods valued at less than €150 that are imported from outside the EU.

Implications and Broader Impact

Implemented in July 2021 as an evolution from the more limited MOSS system, these reforms have not only consolidated tax collection through an expansive OSS but also integrated the IOSS for low-value imports. By designating certain online marketplaces as “deemed suppliers,” the new framework ensures that VAT collection is both efficient and equitable. Across the EU, these mechanisms have generated over €33 billion in VAT revenues in 2024, reflecting a successful effort to simplify tax compliance, reduce administrative burdens, and promote fair taxation across the bloc.