Selling a Car Brought into Cyprus

Find out how to go about selling an imported car, and the duties that will need paying...

When selling a vehicle in Cyprus that is imported with a customs duty and VAT waiver, the seller (or buyer) must pay duty and VAT on the value of the vehicle if it is sold within 10 years of import. The duty and VAT are calculated on the value of the vehicle when it was imported, minus yearly depreciation.