In order to frequently dispatch excise goods under a duty suspension arrangement upon their release for free circulation in the Republic of Cyprus, one needs to obtain a licence for a registered consignor by the Department of Customs and Excise, of the Ministry of Finance.
The Department of Customs and Excise grants a licence for registered consignors to natural persons or legal entities, only in cases where the Department is satisfied that they meet the following criteria:
The licence given to a registered consignor is valid for an unlimited time period and does not need to be renewed.
Obligations and Supervision
Registered Consignors are obliged to comply with the provisions of the Excise Duties Law 91(I)/2004, Regulations, Orders, as periodically amended, as well as terms and conditions of the licence obtained.
Indicatively, registered consignors need to conform, among others, with the following: