Stable, secure growth — with ongoing audit, tax, and advisory from certified specialists who know Cyprus inside and out. Your business, handled with care.
Alexis Alexandrou
FCCA, ICPAC
0+
Years
FCCA
Chartered
Big 4
Trained
Why Choose Us
Located in Larnaca — Cyprus's main international airport, commercial port, and marina — strategically positioned for local and international clients.
To achieve success through customer's success.
To cooperate and assist our customers to reach their goals.
To add value to customer's businesses, offering quality services through a trust-based relationship.
Meet Your Advisor
FCCA, ICPAC Member
An American Academy graduate holding a Master's degree in Science / Business Management from the UK, with distinction. Trained in a Big Four audit firm, he has acted as head of internal audit and accounting in leading local companies.
With over 20 years of experience across retail, manufacturing, and banking sectors, he offers vast expertise in auditing, accountancy, taxation, and business consultancy.
What We Do
Partner with specialists who understand your industry, its specifics, and unique challenges.
Who We Serve
Whichever category you fall into, our team adapts its process to your regulatory and reporting needs.
0+
Years Experience
FCCA
Chartered
ICPAC
Registered
Big 4
Trained
Tax & Compliance
Tax resident if residing in Cyprus for a period exceeding 183 days, or satisfies the '60 day rule'. As from 1 January 2026 (rental income is taxable after a 20% deduction):
| Chargeable income (€) | Tax rate | Accumulated tax (€) |
|---|---|---|
| First 22,000 | Nil | Nil |
| From 22,001 – 32,000 | 20% | 2,000 |
| From 32,001 – 42,000 | 25% | 4,500 |
| From 42,001 – 72,000 | 30% | 13,500 |
| Over 72,000 | 35% | — |
15%
Corporation Tax
Main exemptions: interest, dividends, profit from sale of securities, profits from foreign permanent establishment.
20%
Capital Gains Tax
Imposed on gains from the disposal of immovable property situated in Cyprus.
The SDC is a tax on passive income — dividends and interest — earned by tax residents who are also domiciled in Cyprus. Non-domiciled residents are fully exempt. Recent reforms reduced dividend SDC to 5% and abolished SDC on rental income.
Under the tax reform effective January 1, 2026, Cyprus abolished the DDD rules for all profits earned from January 1, 2026 onwards. Companies can retain post-2026 profits indefinitely without triggering notional distribution charges or SDC.
VAT applies to supply of goods and services in Cyprus, EU acquisitions, and imports. Registration is compulsory for businesses with turnover exceeding €15,600 in the preceding 12 months, or expected within 30 days. Also for EU acquisitions exceeding €10,251.61 annually.
| Employer's Contribution | 8.8% |
| Employee's Contribution | 8.8% |
| Social Cohesion Fund | 2% |
| Redundancy Fund | 1.2% |
| Industrial Training Fund | 0.5% |
| Holiday fund (unless exempt) | 8-11% |
Max emoluments for 2026: €68,904 (Social Cohesion fund: unlimited).
| Employee's own emoluments | 2.65% |
| Employers (on behalf of employees) | 2.90% |
| Self-employed | 4% |
| Pensions / Officer's Remunerations | 2.65% |
| Rental, Interest, dividend income | 2.65% |
| State's contribution | 4.70% |
No transfer fees if VAT is applicable upon purchasing. Reduced by 50% if not subject to VAT.
The Republic of Cyprus is in the Eastern Mediterranean — the third largest Mediterranean island, situated amongst 3 continents: Europe, Asia and Africa.
An EU member since 1 May 2004, joined the Eurozone on 1st January 2008. Advanced, high-income economy with very high human development. Financial services, real estate, shipping and tourism are major sectors, alongside significant natural gas discoveries.
Its strategic location, climate, safe standard of living, high human development, and advantageous tax framework make it a highly attractive international financial centre.
Get In Touch
Reach out for premium quality professional services tailored to your structural business needs.
84 Spyrou Kyprianou Avenue,
Aggelos Court Block A, Office 101,
P.C. 6052, Larnaca, Cyprus
Ready to simplify your accounting? Let's talk.
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