Senior-led accounting & tax for Cyprus

Bookkeeping, VAT, payroll, corporate and personal tax, company formation and audit coordination — for Cyprus companies and international individuals. Fixed fees, senior advice and zero missed deadlines.

No obligation Reply within 1 business day Fixed, transparent fees

15+
Years of combined experience
300+
Businesses & individuals served
100%
ICPAC-aligned compliance
5
Languages spoken

Prepared to professional standards · Trusted across Cyprus & internationally

ICPAC-alignedCyprus standards
IFRSReporting standards
Statutory auditvia licensed auditors
65+ tax treatiesCross-border ready
Why it matters

Cyprus tax shouldn't feel like guesswork

Most businesses and individuals overpay or scramble at deadlines simply because no one is looking ahead for them. We change that.

How we work
  • Deadlines and penalties creep up

    A proactive compliance calendar so VAT, payroll and tax filings are never late.

  • Generic advice that ignores your structure

    Senior-led, tailored planning around your specific business and personal position.

  • Tax left on the table

    We map every lawful relief — non-dom, IP Box, NID, treaties — to your situation.

How can we help?

Whether you run a business or manage your own finances

Two clear tracks, one team that joins the dots between your company and your personal position.

For your business

Accounting, VAT, payroll, corporate tax, company formation and audit coordination for companies of every size.

Explore business services

For you & your family

Personal tax, relocation, tax residency and the non-dom regime for expats, investors and professionals.

Explore personal services
Our services

Everything your Cyprus finances need, under one roof

From day-to-day bookkeeping to strategic tax planning and audit — a complete, joined-up service.

How it works

Simple to start, easy to stay with

Four steps from first call to a proactive, year-round partnership.

01

Free consultation

A no-obligation call to understand your business, goals and current position.

02

Fixed-fee proposal

A clear, transparent scope and price — no hourly surprises, no hidden extras.

03

Smooth onboarding

We handle the handover from your previous accountant and set up your calendar.

04

Proactive partnership

Year-round advice and on-time filings, with one dedicated point of contact.

Why Philippou Accounting

Senior expertise, a personal relationship, total compliance

We combine the technical depth of a large firm with the responsiveness of a boutique. You get advisers who know your name and your numbers — not a call-centre ticket.

About our firm

ICPAC-aligned compliance

Work prepared to IFRS and Cyprus Companies Law — audit-ready every single year.

Local + international

Cross-border tax, double-tax treaties and non-dom planning for global clients.

One dedicated team

A single point of contact who genuinely knows your business and your numbers.

Proactive, not reactive

We flag opportunities and risks before the deadline, not in the post-mortem.

0+
Years of combined experience
0+
Businesses & individuals served
0%
ICPAC-aligned compliance
0
Languages spoken
The Cyprus advantage

One of the EU's most attractive tax regimes

Even after the 2026 reform, Cyprus offers compelling, lawful tax efficiency. We help you use every relief you're entitled to.

15%
Corporate income tax rate
One of the lowest in the EU
2.65%
Tax on dividends for non-doms
GHS only — 0% SDC
3%
Effective rate under IP Box
On qualifying IP income
65+
Double tax treaties
Avoiding double taxation
€22,000
Tax-free personal income
Raised by the 2026 reform
0%
Tax on disposal of securities
Shares, bonds and units
Client results

Real outcomes for businesses and individuals across Cyprus

5.0 average client rating
They took over our bookkeeping, VAT and payroll and our year-end audit went from a three-week scramble to a non-event. Genuinely proactive advisers who flag things before they become problems.
Audit prep cut from 3 weeks to 2 days
ACAndreas C.Director, Technology SME · Limassol
As a non-dom relocating to Cyprus, they handled my residency and personal tax end to end. Clear advice, no jargon, and they found exemptions my previous adviser had completely missed.
≈ €14,000/yr saved via non-dom planning
EVElena V.Private investor · Paphos
Set up my company in days and now run everything for it. Having accounting, tax and audit coordination under one roof is a huge relief — one team, one point of contact, zero missed deadlines.
Company live in 6 working days
MTMichael T.Founder, E-commerce · Nicosia
FAQ

Frequently asked questions

Following the 2026 tax reform, the corporate income tax rate is 15% (increased from 12.5%), aligning Cyprus with the OECD/EU Pillar Two global minimum tax. Cyprus remains highly competitive thanks to the participation exemption, the IP Box regime (effective rate as low as 3%) and the Notional Interest Deduction on new equity.

Yes. Statutory audits in Cyprus must be signed by an ICPAC-licensed statutory auditor, so we provide audit through our network of partner licensed auditors and coordinate the entire process end to end — giving you a fully compliant audit with a single point of contact.

Absolutely. We serve companies and individuals together — from bookkeeping, VAT, payroll and corporate tax to personal returns, tax residency and the non-dom regime. One team joins the dots between your business and personal position.

VAT registration is compulsory once taxable turnover exceeds €15,600 in any 12-month period, on certain cross-border supplies, or on distance sales above the €10,000 EU threshold. Voluntary registration is also possible and is often beneficial.

It depends on the structure and the services you need (formation, registered office, nominee services, accounting). Book a free consultation and we'll give you a clear, tailored fixed-fee quote before any work begins.

Yes — our office is in Paphos (Onisiforou Center). We serve clients across Cyprus and internationally, in five languages, and work seamlessly with remote and relocating clients.

Still have questions? Talk to a qualified adviser.

Ready to get your numbers in order?

Book a free, no-obligation consultation. We'll review where you stand and show you exactly how we can help your business or personal finances in Cyprus.

No fees. No obligation. Speak with a qualified professional today.

Book a free consultation