E-Commerce: Colombia vs Cyprus VAT Rules

    How VAT obligations differ for e-commerce between Colombia and Cyprus.

    CriterionColombiaCyprus
    Standard rate applied19%19%
    Registration thresholdNo general threshold€15,600 annual turnover
    Filing frequencyBimonthly or quarterlyQuarterly
    Invoicing constraintsElectronic invoicing mandatory for all VAT-registered businesses via DIAN platform.Standard EU invoice requirements. Tax invoices must be issued within 30 days of supply. Self-billing allowed.
    Sector-relevant regimesMandatory electronic invoicing via DIAN · Excluded goods/services list exempt from VAT · Special regime for simplified taxation (RST)Special scheme for travel agents · Reduced rate for renovation of private dwellings · IP box regime interacts with VAT planning
    Penalty exposure5% per month for late filing, up to 100% of tax due. Interest at market rate + 3%.10% surcharge on late payments. €50 per day penalty for late filing, capped at €1,000.

    Typical use cases

    Physical Goods
    Tangible products shipped to customers across the EU.
    Digital Products
    E-books, software licenses, online courses, and digital downloads.
    Dropshipping
    Selling products shipped directly from a third-party supplier.
    Marketplace Selling
    Selling through Amazon, eBay, Etsy, and other marketplaces.
    Subscription Boxes
    Recurring product deliveries and subscription-based commerce.

    Disclaimer : This tool is provided for informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor for decisions regarding your tax situation.Source : EU VAT Directive 2006/112/EC

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