Tax Department confirms the conclusion of 0% VAT for COVID-19 related products

We would like to inform you that the special VAT regime which allowed for a 0% VAT rate on products used in the fight against the COVID-19 pandemic has come to an end on December 31st, 2022. The authorities have confirmed that this special regime will not be prolonged, and as of January 1st, 2023, the standard VAT regulations will be in effect. The official statement regarding this matter can be found here.

The above is for informative purposes only. Further professional advice should be sought for each particular case. Our firm does not accept any responsibility for any loss or damage occurring by acting on the basis of this information.