Nicosia — Old city of Nicosia
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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.

Bookkeeping in Nicosia’s: reporting deadlines you cannot miss
Bookkeeping in Nicosia’s: reporting deadlines you cannot miss

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%.
Taxes in Nicosia’s: residency determines where you pay
Taxes in Nicosia’s: residency determines where you pay

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.

Greek (English is widely spoken) EUR EET (UTC+2)

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.

Form

Company 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.

Where should we reach you?

Bookkeeping and company

1 from 4. What needs to be done?

2 from 4. Which country?

3 from 4. Do you already have a company?

4 from 4. What is your tax residency situation?

By submitting the form, you agree to the processing of your data: the request goes to our team on Telegram. Details — in data processing policy.

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.

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