Bookkeeping in Limassol

When you need an accountant in Limassol

Cyprus is one of the EU’s most favourable tax jurisdictions and a go-to structure for businesses from CIS countries. An accountant is needed for: company registration, non-dom status, IP Box, and reporting.

Price reference: company bookkeeping — €150–400/mo. Initial consultation with SVOY accountants — free.

What matters specifically for Russian speakers from the CIS

• Non-dom regime (up to 17 years). An individual who is non-domiciled for tax purposes pays no tax on dividends and interest — the key advantage for entrepreneurs and investors from CIS countries.
• The 60-day rule. You can become a Cyprus tax resident by spending as few as 60 days a year there (subject to conditions) — convenient for those who are always on the move.
• Moving money in and out — origin of funds requirements are strict; USDT and international transfers.
• CIS documents. Apostille and certified translation — remotely.

Taxes

• corporate tax — 12.5% (one of the lowest in the EU);
• IP Box — effective rate of ~2.5% on income from intellectual property (for IT professionals and developers);
• VAT 19%; dividends paid to an individual non-dom — 0%.

How to choose

• hire an accountant with experience in non-dom status, IP Box, and holding company structures;
• obtain your residence status correctly and on time;
• a Russian-speaking specialist will reduce the risks.

Looking for an accountant in Limassol? Describe your situation — we’ll answer your questions for free, and a specialist will personally review your case.