
Bookkeeping in Nicosia’s
How taxes and accounting work in Nicosia’s: when you need an accountant, how much ongoing support costs and how to optimise taxes legally.
When you need an accountant in Nicosia
Nicosia is Cyprus’s business capital, home to the Registrar of Companies and major headquarters. An accountant is essential for: company registration and administration, 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) — 0% on dividends and interest; the primary tool for businesses from CIS countries.
- The 60-day rule for Cyprus tax residency.
- 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%; VAT 19%;
- IP Box — effective rate of ~2.5% on IP income;
- dividends to a non-dom individual — 0%.

How to choose
- hire an accountant with experience in non-dom status, IP Box, and corporate reporting;
- set up the structure and residency correctly;
- a Russian-speaking specialist will reduce the risks.
Looking for an accountant in Nicosia? Describe your situation — we’ll answer your questions for free, and a specialist will personally review your case.
Company, taxes, and reporting in Nicosia’s
Company incorporation, tax number, reporting, and income legalisation — with an accountant, that works specifically in this country. Tell us what’s already been done, and we’ll advise on the next step.
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We’ll help with that in Nicosia’s
These tasks are handled by services within the SVOY ecosystem.
Bookkeeping
Company incorporation abroad, asset legalisation, tax optimisation, and accounting support. Official and confidential.
SVOY ECOSYSTEM
What else you may need
Tasks that most often come next. Each is handled by a dedicated SVOY service.
Rent or buy housing
Rental and purchase Nicosia’s: prices by neighbourhood, property due diligence, and end-to-end transaction support — SVOY HOME.
Go to websiteRegularize your status
Residence permits, visas and status renewals in Nicosia’s, certificates and apostille — SVOY Legal.
Go to websiteChildbirth and citizenship for the child
Childbirth in Nicosia’s: clinics, newborn documentation and citizenship — SVOY Baby.
Go to websiteHalal community
Nikah, halal services, and the Muslim community in Nicosia’s — SVOY Halal.
Go to websiteCompany and taxes in Nicosia’s — we’ll work out which option is more cost-effective
Leave your contact — that’s all we need; we’ll ask the rest ourselves. If you’d like, so we can prepare for the conversation in advance, please specify your request below.
Need help relocating to Nicosia?
In the international SVOY community you will find:
- Russian-language chat Nicosia
- Housing and neighbourhoods
- Schools and kindergartens
- Doctors and clinics
- Lawyers and help with paperwork
- Verified contacts and recommendations
If you come with good intentions — you’re one of us.
Join the chat Nicosia