Limassol Businesses Need an Accountant Who Understands Corporate Cyprus Tax

From shipping companies to investment firms, Limassol runs complex businesses. We handle the accounting and tax compliance to match.

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What we do?

What we handle for Limassol 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 Cyprus

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 Limassol 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 Limassol?
    Talk to us before you decide

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

    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.

    NID allows Cyprus companies to deduct a notional interest amount on new equity introduced to the business from 1 January 2015 onwards. The deduction rate is based on the 10-year government bond yield of the country where the equity is deployed, plus 5%. It can reduce your taxable profit significantly — but it has to be claimed correctly and cannot exceed 80% of taxable income. We assess your position and apply it where it applie

    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.

    Cyprus's IP Box regime applies a deduction that reduces the effective tax rate on qualifying IP income to as low as 2.5%. It applies to patents, software, and certain other IP assets where the company has carried out qualifying R&D activity. Structuring this correctly from the outset matters — retrospective fixes are harder.

    All Cyprus companies are required to have their financial statements audited annually by a registered auditor. This is a legal requirement, not optional. We conduct statutory audits and prepare the financial statements to the standard required for filing.

    Less than you might think. We handle the handover process — requesting prior year files, reviewing your current compliance position, and getting you set up properly. Most businesses who switch do so because they've realised they're missing entitlements or have compliance gaps they weren't aware of.

    Book a consultation. We'll review your current structure, identify any gaps, and explain what we'd do differently. No commitment required.