Every Cyprus company — trading or dormant — must file audited financial statements, an IR4 corporate tax return and an HE32 annual return every year, with no small-company exemption. Miss a deadline and the penalties are automatic. We manage the complete accounting, bookkeeping, audit and statutory filing cycle under one fixed annual fee.
From dormant holding companies to high-volume e-commerce — we handle the full statutory cycle.
You have a trading company but bookkeeping has fallen behind. We catch up your records and deliver audited accounts on time.
Holding or shelf companies with no transactions still require annual accounts, IR4, and HE32 filing under Cyprus law.
Selling into the EU? We handle VAT registration, quarterly returns, VIES reporting, and OSS/IOSS where required.
Group structures with inter-company dividends and loans need IFRS financial statements plus statutory audit every year.
Behind by one or more years? We reconstruct records from bank statements and bring your filings fully up to date.
Non-resident directors and shareholders rely on us for full end-to-end statutory compliance — no Cyprus office needed.
Full-Service Accounting
One annual fee covers the complete accounting, bookkeeping, audit, and statutory filing cycle.
Monthly transaction recording, bank reconciliations, and expense categorisation.
Quarterly P&L, balance sheet, and cash flow statements for your records.
Independent audit by a licensed Cyprus auditor — mandatory for all Cyprus LTDs.
Annual CT return prepared and submitted to the Cyprus Tax Department.
Registrar of Companies filing — due by 28 February each year.
VAT return preparation and submission if your company is VAT-registered.
All-In Annual Fee
One annual fee covers bookkeeping, annual accounts, statutory audit, IR4 corporate tax return, and VAT compliance. A "transaction" = any bank entry, invoice, or journal entry.
+ VAT. Statutory audit is mandatory for ALL Cyprus companies regardless of size or turnover — there are no small company exemptions under Cyprus law. Fees are fixed once agreed.
PAYE filings, IR59 + IR7 year-end, monthly social-insurance contributions, and headcount-banded monthly fees. Director-only payroll is included with every annual accounting engagement.
All fees are net of VAT. Setup / registration fees apply once when first onboarding a new employer or employee.
How It Works
We collect your accounting records, bank statements, and invoices. We set up your digital accounting environment.
We reconcile your accounts monthly or quarterly — bank accounts, income, expenses, and payroll.
We prepare statutory financial statements and coordinate the mandatory annual audit.
We file your IR4, provisional tax, and VAT returns — all deadlines managed by us.
Key Deadlines
The 1 August and 31 December instalments are mandatory even if final profits are uncertain. Late or underpaid provisional tax triggers a 5% surcharge on top of interest — and the penalty is non-waivable.
Auditors need time to review records and sign off on financial statements before the 31 March IR4 deadline. Companies that hand over a year's worth of receipts in November routinely miss the filing window.
Exempt supplies (e.g. certain financial services) carry no right to reclaim input VAT. Zero-rated supplies do. Treating exempt income as zero-rated leads to overclaimed VAT refunds — a common trigger for VAT audits.
Supplying services to VAT-registered businesses in other EU member states requires VIES registration and monthly recapitulative statements. Failure to register shifts the compliance burden back to the supplier.
Mixing personal and company funds makes it impossible for auditors to verify the completeness of income and expenditure. Accounts prepared from mixed-use bank statements are routinely qualified or rejected entirely.
What We Need From You
Bank statements
Monthly statements for all company bank accounts in CSV or PDF.
Sales invoices
All invoices issued to clients — ideally exported from your billing system.
Expense receipts
Receipts or invoices for all company expenses, including subscriptions and contractor payments.
Payroll records
Salary slips and social insurance declarations if you have employees or pay director salary.
Opening balance (new clients)
Prior year audited accounts or opening trial balance if switching from another accounting firm.
Shareholder/director IDs
Valid passport copies for UBO register and AML compliance file — collected once at onboarding.
Tools & Resources
Often paired with
Every set of financial statements we deliver complies with ISRE 2400 (review engagement) or full ISA audit standards. If a successful Registrar / Tax Department finding invalidates the file purely because of our own error, we redo the work at no cost.
Engagements coordinated with ICPAC-registered Cyprus tax advisers and Cyprus Bar Association member-firm lawyers. MOKAS-aligned under Cyprus AML Law 188(I)/2007. See our editorial standards and disclaimer.
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Get a fixed-fee quote for your transaction volume. We'll take care of everything — bookkeeping, audit, and tax returns.
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