Accountant in Paphos

Self-Employed in Paphos? Your Tax Obligations Don't Look After Themselves.

IR1 personal tax returns. GHS contributions. VAT. Social insurance. Being self-employed in Cyprus comes with real compliance obligations — we handle them so you can focus on your work.

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What we do?

What we handle for self-employed individuals in Paphos

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 us





    Accountant in Paphos

    Self-employed in Cyprus? what you're dealing with

    The obligations are straightforward when they're managed. They become a problem when they're ignored.

    IR1

    Annual Personal Tax Return
    2x

    Provisional Tax Payments Per Year
    4%

    Self-Employed GHS Rate
    €15,600

    VAT Registration Threshold
    Building
    Cyprus based Accountants

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

    Book a 15-minute consultation. No obligation.

    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

    Self-employed tax in Cyprus isn't complicated. It just needs to be done correctly.

    A consultation will tell you exactly where you stand — what you owe, what you may be missing, and how we'd handle things going forward. No commitment required.

    Yes. All self-employed individuals in Cyprus must file an IR1 personal income tax return each year, regardless of their income level. The deadline is typically 31 July for paper returns and later for electronically filed returns. Missing the deadline attracts automatic penalties.

    Legitimate business expenses incurred wholly and exclusively for the purposes of your trade are deductible against your income. This includes things like professional subscriptions, equipment, home office costs (in some circumstances), travel for business purposes, and professional services fees. Good records throughout the year make this straightforward — poor records mean legitimate deductions get missed.

    GHS (General Health System) contributions are compulsory for self-employed individuals in Cyprus. The current rate is 4% of your annual income up to the applicable cap of €180,000. These are separate from income tax and social insurance, and are paid to the Health Insurance Organisation. They must be calculated and paid correctly — underpayment is a compliance issue, not just an oversight.

    There's no single threshold, but it's generally worth considering when your profits are consistent enough that the corporate tax rate of 15% becomes more efficient than the personal income tax scale, or when you want to separate your personal and business liability. We can model both structures for your situation and give you a clear comparison before you decide

    This is more common than you'd think and it's fixable. The earlier you address it, the better — penalties and interest accumulate over time, but the Tax Department has processes for regularising prior years. We can review what needs to be filed, prepare the missing returns, and handle the process of getting you up to date. Starting that conversation is always better than waiting.

    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.