Nicosia's Business Community Deserves an Accountant Who Knows Cyprus Tax

Corporate tax. VAT. Payroll. Compliance. We handle it all — from our office in Nicosia, filing with the Cyprus Tax Department every week.

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What we do?

What we handle for Nicosia businesses

From annual audits to monthly payroll — everything your Cyprus business needs to stay compliant.

01

Accounting

Accurate, timely, and compliant bookkeeping that gives you clarity and confidence. We help you understand your numbers, make informed decisions, and stay focused on running your business.

02

Audit

More than a regulatory requirement — our independent audits build trust and demonstrate transparency. We provide clear, reliable assessments that strengthen your financial credibility.

03

Tax

We simplify complex tax rules, optimise your position, and give you practical guidance tailored to your goals. Clear advice that helps you plan confidently and avoid unnecessary challenges.

04

VAT

We make VAT straightforward. Our team ensures compliance, prevents costly errors, and keeps your processes efficient with accurate, consistent VAT management.

05

Advisory & Compliance

Strategic support across HR, planning, and regulatory compliance. We help you navigate requirements, make smarter decisions, and grow your business sustainably.

06

Payroll

Secure, accurate payroll management handled with precision and confidentiality. We ensure every payment is correct, compliant, and on time, giving you total confidence in your operations.
We File Every Week,

Never miss a Cyprus tax deadline again.
Cyprus Tax, Done Properly

VAT, payroll, corporate tax. All of it, all year.
Based in Nicosia

We walk into the tax department. Not email it.
You'll Know the Problem Before It's a Problem.

We flag issues while there's still time to fix them.

Book a Consultation

Book your consultation with a Nicosia accountant.





    About us

    A tax system you need to get right

    Cyprus has one of the most competitive tax environments in Europe

    ICPAC Registered

    Licensed and regulated in Cyprus.
    ISO 9001 Certified

    Quality management standards. Independently verified.
    Nicosia Office

    Not remote. Not outsourced. Here.
    Weekly Tax Filing

    Filed with the Tax Department. Every week.
    Building
    Nicosia based Accountants

    Looking for an accountant in Nicosia?
    Talk to us before you decide

    Book a 15-minute consultation. No obligation. Based in Nicosia.

    Book a consultation
    Leadership

    Who you'll be working with

    Our directors are the foundation of everything we do.

    Demos Kleovoulou

    Managing Director

    Antonia M. Kleovoulou

    AML Director

    Giannos Kokonas

    Audit Director

    Common questions

    What we handle for Nicosia business

    Common questions from Cyprus businesses about tax, compliance, and what working with an accountant actually involves.

    At minimum: prepare and file your annual financial statements, submit your IR4 corporate tax return, file quarterly VAT returns if you're VAT-registered, run payroll and submit PAYE/social insurance monthly, and file your annual return with the Registrar of Companies. Most businesses also benefit from provisional tax planning and bookkeeping throughout the year.

    Cyprus requires companies to estimate and pay their tax liability in two instalments — in July and December of the current tax year. If you underpay by more than 25% of the final liability, you face a penalty. We calculate this carefully to avoid overpaying cash unnecessarily or underpaying and triggering penalties.

    That's a fair question. We'd suggest asking your current accountant whether you're claiming NID on any new equity in the business, whether your deemed distribution obligations for prior years are settled, and whether your GHS contributions are calculated at the correct rate. If those questions get a confident, immediate answer, you're in good hands. If not, it might be worth a conversation.

    Both. We work with sole traders, small family businesses, established Nicosia companies, and larger corporate structures. Compliance requirements don't scale with company size — a small company has the same filing obligations as a large one.

    We are based in Nicosia. We file with the Cyprus Tax Department, deal with CIPA and the Registrar of Companies, and engage with the Central Bank regularly. This is not a remote or outsourced service.

    Book a free, no-obligation consultation. We'll review your current situation, identify any compliance gaps, and explain exactly how we can support you going forward.