Pricing · Accounting & audit
One fixed fee for all your Cyprus accounting and audit
One accounting mistake or a late filing can cost more than you think. Hand it to a firm that does not miss: books, payroll, tax and the statutory audit, one fixed annual fee, never by the hour.
An accountant replies within 24 hours, in any of seven languages. Not an intake desk.
Published fees
In short
Ongoing accounting for a Cyprus company costs from €2,100 a year in 2026, a single fixed fee set by your transaction volume, plus VAT at 19%. Every tier includes the bookkeeping, the annual IFRS financial statements, the statutory audit, quarterly VAT returns, payroll and the corporate tax return, with director payroll handled at no charge.
Reviewed by Sergios Charalambous, Partner, Corporate & Tax Law
Member of the Cyprus Bar Association · Fees current for 2026 · Last reviewed August 2026
Choose on one question: how many transactions a year
Every tier is the same complete service, the bookkeeping, the audit, VAT and payroll. Only your transaction volume, and so the fee, changes.
Small Business
Up to 100 transactions a year
Full bookkeeping, VAT, payroll and the statutory audit for your Cyprus company, under one fixed annual fee. You move up a tier only as your transaction volume grows.
Renews at from €2,100 (≈ €175 / month)
Included
- Director payroll, social insurance and PAYE at no charge
- Ongoing tax advisory throughout the year
- The full statutory set, see below
Fixed annual fee, confirmed in writing before you pay.
Scale or Investment
101 to 300 transactions a year
Full bookkeeping, VAT, payroll and the statutory audit for your Cyprus company, under one fixed annual fee. You move up a tier only as your transaction volume grows.
Renews at from €2,450 (≈ €204 / month)
Included
- Director payroll, social insurance and PAYE at no charge
- Ongoing tax advisory throughout the year
- The full statutory set, see below
Fixed annual fee, confirmed in writing before you pay.
Enterprise
301+ transactions a year
Full bookkeeping, VAT, payroll and the statutory audit for your Cyprus company, under one fixed annual fee. You move up a tier only as your transaction volume grows.
Renews at from €3,450 (≈ €288 / month)
Included
- Director payroll, social insurance and PAYE at no charge
- Ongoing tax advisory throughout the year
- The full statutory set, see below
Fixed annual fee, confirmed in writing before you pay.
Prefer the detail first?
The complete guide to Cyprus accounting and audit
Every requirement, step and option explained in depth, beyond the published fees.
Not formed yet?
Need the Cyprus company set up first?
Accounting is the year-one-onward service for a company that already exists. If you still need the company registered, that is priced on its own, from €1,050.
From first message to fixed fee, in four steps
No meter running, no surprise invoice. You see the fee and the timeline in writing before you commit to anything.
- 1
A free scoping call
You tell us your company and roughly your transaction volume. An accountant confirms which tier fits, or gives you a fixed quote. No obligation.
- 2
Your fee in writing
Within 24 hours you get the tier, the fixed annual fee and exactly what it covers in your engagement letter, before you pay anything.
- 3
One named accountant
You engage, and a named accountant keeps your bookkeeping, payroll, tax return and statutory audit on track through the year.
- 4
Fixed fee, itemised
You pay the published annual fee. VAT and any government charges are itemised separately and billed at cost, never marked up.
Every fee, band by band
The full detail behind the three tiers, so you can see exactly where your company sits and what the fee always covers.
Included in every tier
- Monthly bookkeeping, recording of all transactions
- Annual financial statements, IFRS-compliant
- Statutory audit by licensed auditors
- Corporate tax return (TD4)
- Temporary tax assessment (TD6) and provisional payments
- VAT returns, quarterly
- VIES and OSS returns, where applicable
- Monthly payroll processing
- Social insurance and GESY contributions
- PAYE and tax withholdings
- Annual employer's return (IR7)
- UBO registry annual update
- Representation before the Cyprus Tax Department
- A named accountant as your point of contact
Our full accounting scale, published in full
| Transactions in the year | Annual fee |
|---|---|
| Nil, dormant or holding company | €800 |
| 1 to 100 transactions | €2,100 |
| 101 to 200 | €2,450 |
| 201 to 300 | €2,950 |
| 301 to 600 | €3,450 |
| 601 to 1,000 | €4,050 |
| 1,001 to 1,500 | €4,800 |
| 1,501 and above | On application |
What counts as a transaction? One line of accounting data, typically one sales invoice, one purchase invoice, or one bank movement.
What company clients say
Genuine reviews from our Google profile, 4.9 stars across 366+ clients.
“We are very pleased with Despina and her team as they guided us through the immigration and tax residence process. They are highly professional, efficient and friendly. We look forward to working with them again.”
“Great experience setting up my company in Cyprus. The team was professional, efficient, fast, and guided me smoothly through everything I needed to know and do. Prices were always super transparent. Highly recommend.”
“I had a very good experience with this firm, especially with Mrs. Bella Karypidou. I opened a company in Cyprus and we were assisted in a very professional manner. The entire process was transparent. I was pleasantly impressed with the services provided and highly recommend them.”
Why us
Why work with us, not a formation portal
One firm for all of it
Company, tax, accounting, immigration, banking and the legal work, handled by one team under one roof. No juggling a lawyer, an accountant and a formation agent who never speak to each other.
No hidden fees, ever
One fixed fee, agreed in writing before we start. Government charges and disbursements are passed on at cost and itemised. No hourly meter, no surprise invoice.
Fast, named replies
One named account manager and a direct WhatsApp line, a reply within 24 hours, in any of seven working languages. Not a ticket queue, not an intake desk.
Lawyers, not agents
Regulated by the Cyprus Bar Association, with professional indemnity insurance and legal professional privilege on your communications, none of which a formation portal can offer.
Happy with our service, or your fee back
If we do not deliver the service set out in your engagement letter, we refund our professional fee. No firm can promise a government decision, a bank's approval or a tax authority's view, so we do not, but the work that is ours, we guarantee.
Questions people ask before they book
Yes. Cyprus requires every company to file audited financial statements each year, whatever its size or turnover, prepared under IFRS and signed off by licensed auditors. The audit is inside every tier on this page, not a separate charge, which is why the fee reads higher than bookkeeping-only quotes you may see elsewhere.
Free consultation
Tell us your situation, get a fixed quote
Send a few details and an accountant replies within 24 hours with the tier, the fixed fee and what it covers in writing.
- A qualified accountant, not an intake desk
- The fixed fee and what it covers in writing within 24 hours
- One team for the company, the tax, the accounting and the legal work
- No obligation to proceed
“The best legal and corporate solutions delivered by highly accredited and experienced professionals.”
All fees on this page are exclusive of VAT at 19%, of government charges and of actual expenses, each of which is billed at cost and itemised on your engagement letter before you pay. The figures apply to matters within the scope described; your engagement letter governs. Polycarpos Philippou & Associates LLC is regulated by the Cyprus Bar Association and carries professional indemnity insurance. Nothing on this page is legal or tax advice, and no outcome is guaranteed.