Business-to-business services agreement (Cyprus)
Published byDocMuse
This document is in Greek
The PDF you download is in Greek — that is the language it has to be filed in, so it is not translated. Everything on this page is here to tell you what it says.
An agreement between two businesses in Cyprus for the supply of services under the Contract Law, Cap. 149: the services and what is excluded, term, fee plus VAT, invoicing and payment terms, complaints and corrections, independent performance, confidentiality, intellectual property in the deliverables, a liability cap and termination. Late payment carries the interest (ECB reference rate plus eight points) and the €40 of Law 123(I)/2012. It has no non-compete, which section 27 of Cap. 149 makes void, with narrow exceptions, and it needs no stamp duty.
What you fill in
The details the document asks for.
- City
- Date
- Client
- Client's registration number (HE), or for a sole trader their identity card or ARC number
- Client's address
- Client's representative
- Provider
- Provider's registration number (HE), or for a sole trader their identity card or ARC number
- Provider's address
- Provider's representative (or “in person”)
- Services
- Outside the scope
- Term from
- Term to
- Remuneration
- Remuneration in words
- Basis of pricing
- Payment term (days)
- IBAN
- Time to raise objections (days)
- Who owns the intellectual property in the deliverables: the client, or their creator with a licence to the client
- Liability cap
- Notice period
Preview
This document is produced for you. Your answers are typed into it and the finished PDF is yours to keep.
Common questions
- Does a services agreement in Cyprus need stamp duty?
- No. Stamp duty was abolished from 1 January 2026 by Law 239(I)/2025, and contracts signed since then are not stamped. Many templates and guides online still mention stamping within 30 days; that applies to older contracts. The agreement takes effect when both parties sign it and is not registered with any authority.
- What does a business in Cyprus owe if it pays another business's invoice late?
- Under Law 123(I)/2012 on late payment in commercial transactions, it owes interest without any reminder at the European Central Bank reference rate plus eight percentage points, and a flat €40 for recovery costs. Where no term was agreed, payment is due 30 days after receipt of the invoice or the services, whichever is later. A term longer than 60 days stands only if expressly agreed and not grossly unfair to the creditor.
- Can a services agreement in Cyprus stop the provider working for competitors?
- Only with great caution. Section 27 of the Contract Law, Cap. 149, makes void any agreement restraining someone from a lawful profession or business, and only narrow, reasonable restrictions stand a chance. That is why this agreement has no non-compete: it protects the client through confidentiality and the intellectual property terms. If you need exclusivity, discuss the wording with a lawyer.
How you can sign this document
- Print it and sign by hand. The signature lines in the document are left blank on purpose — sign on them in ink.
- Sign it yourself with a qualified electronic signature. If you already hold a QES — Evrotrust, B-Trust, StampIT, ZealiD or any qualified provider on the EU Trusted List, on a card, a USB token, in a mobile app or in the cloud — our signing guide explains step by step how to sign this exact file without invalidating it. Step-by-step help, and a way to check it worked
DocMuse sells documents, not legal advice. Acceptance always depends on the recipient's rules and your local law.
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