Setting up a company in Cyprus is the easy part; keeping it compliant, tax-optimized, and extremely profitable requires a modern financial partner.
Most local accountants in Cyprus view your business purely as a checklist, often hampered by language barriers and the traditional “siga-siga” mentality. At Cyprus-Consult, we offer proactive accounting and tax advice specifically designed for international expats, digital entrepreneurs, and investors.
We ensure that your business accounting is flawless, your VAT & VIES are filed on time and, most importantly, that your personal wealth is maximized through the Non-Dom tax regime.
We proactively think along with you.
Cyprus has a fantastic tax climate, but to benefit from it you need speed and strategic insight.
If you run a fast-growing e-commerce brand, a tech startup, or a crypto portfolio, a traditional local accountant is a huge bottleneck.
The most common complaints from expats switching to us:
Our services are built to solve exactly this problem. We combine Western efficiency with deep local expertise.
We act as your external CFO and ensure that you are not only legally compliant but also financially optimized.
The average prices for bookkeeping and accountancy in Cyprus are:
Whether you are a freelancer with a single Cyprus LTD or manage an international holding structure, we offer a complete, Dutch-language “Done-For-You” financial package.
1. Daily Bookkeeping & Cloud Accounting
– Forget shoeboxes full of receipts. We use modern cloud software (such as Xero or Exact) to manage your daily general ledgers. You gain real-time insight into your cash flow, profit margins, and expenses, enabling you to make data-driven decisions.
2. VAT Registration & Quarterly Returns
– The Cypriot tax authorities are strict when it comes to VAT compliance. We handle your initial VAT registration, manage cross-border VIES reporting for EU sales, and submit your quarterly returns accurately and on time, so that you are protected against unnecessary penalties.
3. Payroll Administration (Social Security & GeSY)
– If you hire local staff or put yourself on the payroll as a director to build economic substance, we manage your entire payroll. We seamlessly calculate and remit all Social Security contributions, income tax (PAYE), and GeSY (healthcare) deductions for you.
4. Corporate Tax & Audit Support
– By law, every Cypriot company is required to submit audited annual accounts. While we manage your day-to-day figures, we prepare watertight financial files and liaise directly with certified independent auditors. This ensures that your year-end closing proceeds smoothly, quickly, and fully in line with the 15% corporate tax rate.
Our services
Whether you're a freelancer, entrepreneur, or investor, our local accountants offer a full range of accounting and tax services, tailored to your situation.
Switching is easy. We'll manage the entire transfer of your accounting, ensuring everything runs smoothly and without interruption. Our experienced advisors ensure that you:
Step 1: Tell us your situation
Complete the short form and indicate what you need – accounting, tax advice, audit or a complete tax strategy.
We will contact you to discuss your situation, digitally or physically.
Step 2: We connect you to the right accountant and guide you through everything
Within 48 hours, we'll connect you with an accountant who's the perfect fit for your business and industry. Together, we'll ensure your accounting is accurate, compliant, and tax-optimized.
On average, our client works with their new accountant in Cyprus within 1 to 2 weeks.
Whether you're looking for a new accountant in Cyprus or just want to compare, we'll help you find a reliable expert within 48 hours who manages many of our clients.
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Relevant information
An accountant in Cyprus costs an average of €150 to €350 per month, depending on your company size, number of transactions, and any additional services such as payroll or auditing.
Yes, switching accountants is easy. We'll manage the entire transfer of your accounting, ensuring everything runs smoothly and without interruption.
Within 1 to 2 weeks you will be working with your new accountant in Cyprus.
Yes, our partners are certified by the Institute of Certified Public Accountants of Cyprus (ICPAC) and have international experience. They understand the tax situation of Western companies and comply with all local regulations without the use of intermediaries.
Yes. Most clients operate 100% digitally. You'll receive reports online and personalized advice via video call, ideal for entrepreneurs in Cyprus or working remotely.
A tax advisor helps you benefit from the low corporate tax rate (12.5%), the non-dom regime (no tax on dividends or interest) , and double taxation treaties with Belgium and the Netherlands. This allows you to optimize your taxes fully legally within the EU.
Professional accountancy in Cyprus typically includes day-to-day bookkeeping, payroll administration, VAT registration and quarterly returns, the preparation of management reports, and the guidance of independent auditors for the legally required annual accounts. In addition, modern firms proactively integrate tax advice to optimize your tax burden toward the 15% corporate tax rate.
For foreign entrepreneurs and expats, the best accountant in Cyprus is a firm that operates fully digitally (cloud-based), communicates fluently in English or Dutch, and possesses deep knowledge of cross-border tax structures. They must not only understand business taxes but also how to optimally integrate them with personal benefits such as the Cypriot Non-Dom regime.
Whether you're an entrepreneur or a digital nomad, want a holding structure, can work remotely, or are looking for unique real estate opportunities, this newsletter is for you.
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