Accounting, tax & VAT for Cyprus businesses.
Finance-minded. Technology-driven.
We keep your books accurate, your filings on time and your numbers useful.
What we do
Accounting, tax, VAT and corporate support for companies, self-employed professionals and individuals in Cyprus.
Accounting and reporting
- Bookkeeping, income and expense tracking, and bank reconciliations
- Accounts receivable and payable management
- Monthly management accounts: P&L, balance sheet, cash flow and budget vs actual
- Year-end financial statements, including liaison with your external auditors
Tax
- Corporate income tax returns (TD4) and provisional tax
- Personal income tax returns (TD1)
- Tax advisory and registrations
- Tax residency certificates, clearances, rulings and objections
VAT
- VAT registration and advisory
- VAT and VIES returns
- OSS/IOSS and Intrastat returns
Payroll
- Monthly payroll processing
- PAYE and social insurance
- TD7 monthly and annual returns
Corporate services
- Company formation, registered office, director and secretary services, and corporate filings
- UBO registration and renewal
- Provided through licensed administrative service providers where required
Finance systems and automation
- Improving and automating accounting processes
- Accounting and finance dashboards
- ERP implementation and optimisation
How we work
Two principles shape everything we do for our clients.
Finance-minded
We look beyond compliance to what your numbers say: where you make money, where costs are rising and what to plan for.
Technology-driven
We use modern accounting tools to cut manual work, reduce errors and give you a clear view of your finances when you need it.
Cyprus Tax Bites
Short, practical updates on Cyprus tax and VAT. A new one every week on LinkedIn and Facebook.
#1
Everyone files now
From the 2026 tax year, Cyprus tax residents aged 25 and over must submit an income tax return, even with no tax to pay.
#2
A higher tax-free threshold
The tax-free amount rises from €19,500 to €22,000, with new bands of 20%, 25%, 30% and 35% above it.
#3
When to register for VAT
Registration is required once taxable supplies exceed €15,600 in any rolling 12-month period.
Let's talk
Tell us about your business and what you need, and we'll get back to you promptly.
info@nkca.com.cy