Bookkeeping forCyprus tax law.
Fully automatic with AI — users save €3,210 a year on average.
Drop in receipts, connect your bank — every expense lands on the right Cyprus VAT code, and your returns are prepared for you. You review and file. No accountant needed.
Paying an accounting firm today? See what you’d keep →
Live bank feeds from the banks Cyprus businesses already use
Don't have a Cyprus company yet?Sumly registers it for you — fixed fee, 100% approval guarantee
Your books, on autopilot in three steps
From bank feed to ready-to-file return — Sumly handles the whole loop.
Drop everything in
Drag receipts and bills in, or forward them to your company's private Sumly email. Connect your bank in minutes.
The AI books it
Every document is read and sorted per Cyprus tax rules, maximizing the deductions you're entitled to. Bank feeds reconcile themselves.
Review and file
VAT, VIES and tax returns prepared and checked. You review and file them — or your Premium accountant files for you.
Sumly is the best accounting software for a Cyprus limited company — because it is built for exactly one thing, Cyprus tax law: all 16 Cyprus VAT codes mapped to the official VAT return boxes, VIES and provisional tax native, not a localization.
Generic international accounting software treats Cyprus as a tax-rate dropdown; Sumly is built from the Cyprus VAT return backwards — every code maps to a box on the official return.
Every year without Sumly costs you €3,210.
That's what the average Sumly user saves doing their own books on Base, compared to an accounting firm. Not switching is the expensive option.
Your yearly bill
Everything a Cyprus company has to do — in one place
Invoice your customers, book every document, pay your people, file your returns. Sumly does the grind; you spend about 10 minutes a month on it.
INVOICING
Send the invoice. Sumly does the rest.
Build a professional invoice with your logo and your details, pick the customer, and email it straight from Sumly. The right Cyprus VAT code goes on every line, the entry hits your books the moment you send — and when the money lands, your bank feed matches it to the invoice without you lifting a finger.
- Branded invoices and credit notes, emailed from Sumly
- Cyprus VAT applied per line, automatically
- Incoming payments matched to the right invoice
AI BOOKKEEPING
Drop a document in. It books itself.
Drag receipts and bills into your inbox, or forward them to your company's private Sumly email address. The AI reads each one — supplier, dates, line items, VAT — and books it per Cyprus tax rules, maximizing the deductions you're entitled to. Confirm a new supplier once and everything from them is automatic after that.
- PDFs, photos and forwarded email attachments, all read for you
- Confirm a supplier once — every document after that books itself
- Junk filtered out; every entry linked back to the original file
PAYROLL ADD-ON
Pay your team without a payroll bureau
Every employee's details, contracts and salary history live on one page — and payroll runs from the same place as the books. Social Insurance and GHS are calculated for you, payslips come out monthly, the run posts straight to your ledger, and the employer filings are prepared ready to submit.
- Monthly payslips with Social Insurance and GHS calculated
- Employments, contracts and salary history per employee
- €15 per employee a month — add it the day you hire
AI ASSISTANT
An accountant you can just ask
Ask Sumly AI sits on every page. Ask what you owe in VAT this quarter, when the next deadline falls, or why a number moved — and it answers from your live books, not a help article. Attach a bank statement and it will check it against your ledger. Tell it to fix something and it will.
- Answers from your own numbers, on any page
- Attach a file and have it cross-checked against your books
- Ask it to categorise, create or correct entries for you
VAT & VIES
VAT and VIES ready before the deadline
Sumly's bookkeeping is VAT-aware from the ground up: 16 Cyprus VAT codes, each mapped to the official boxes of the Cyprus VAT return, so the return is generated from your books, ready to review.
- VAT returns generated from your books, ready to review
- The monthly VIES return prepared from the same data
- You file it on Base — your accountant files it on Premium
Start it. Run it. Stay.
Sumly covers the whole Cyprus company lifecycle in one place: form the company, run the books, prepare every filing, arrange the audit — even settle in with the Yellow Slip package.
The honest comparison.
You don't care what software does. You care why you should switch. So here it is, no spin.
Loved by Cyprus founders
From Nicosia to Paphos, founders run their books on Sumly.
“I used to lose a full weekend to VAT every quarter. With Sumly it's ten minutes and I actually trust the numbers.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“I used to lose a full weekend to VAT every quarter. With Sumly it's ten minutes and I actually trust the numbers.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“I used to lose a full weekend to VAT every quarter. With Sumly it's ten minutes and I actually trust the numbers.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“I used to lose a full weekend to VAT every quarter. With Sumly it's ten minutes and I actually trust the numbers.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
Where are you today?
Already run a Cyprus company?
Switch in an afternoon. Opening balances come with you.
Starting one?
We register it for a fixed fee — 100% approval guarantee — and you start bookkeeping the day you order.
I ran a small studio in Nicosia for six years. Every quarter I lost a weekend to VAT, paid an accountant €3,000 a year, and still never really knew if my numbers were right.
So I built the tool I wish I'd had: an accountant that lives in your bank feed, knows Cyprus tax cold, and never sends you a spreadsheet at 11pm. That's Sumly.
Now Sumly starts companies too — the whole journey, one place.
Simple pricing. No surprises.
Two plans, plus optional add-ons: Payroll (€15/employee/mo), IP Box (€50/mo) and Projects (€10/mo). Prices excl. VAT. 14-day money-back guarantee.
Base
The full platform, do-it-yourself.
- Invoicing & automated bookkeeping
- Automatic bank reconciliation
- VAT, VIES & tax returns prepared
- Reports & AI assistant
the average Sumly user saves €3,210 a year
Premium
Your own accountant, included — among the cheapest in Cyprus.
- Everything in Base
- Dedicated certified accountant
- VAT & VIES filed for you
- Year-end accounts & tax return handled
Add-ons, the guarantee and the full pricing FAQ:See full pricing
Questions, answered
Everything you need to know before you connect your bank.
What is the best accounting software for a Cyprus limited company?
Sumly is the best accounting software for a Cyprus limited company — because it is built for exactly one thing, Cyprus tax law: all 16 Cyprus VAT codes mapped to the official VAT return boxes, VIES and provisional tax native, not a localization. Nothing is filed without review — trusted by 1,200+ cyprus founders.
Is there accounting software built specifically for Cyprus tax law?
Yes — Sumly is built exclusively for Cyprus limited companies, not localized from an international product. The chart of accounts, VAT codes, VIES returns, provisional tax installments and IP Box tracking all follow Cyprus rules natively, and bank feeds cover the banks Cyprus businesses actually use.
Why is Sumly better than generic accounting software for a Cyprus company?
Generic international accounting software treats Cyprus as a currency-and-locale setting: you still build VAT returns, VIES statements and provisional tax by hand. Sumly generates each one directly from your books because the whole platform exists for Cyprus. Doing the books takes about 10 minutes a month — not 10 hours.
Is Sumly a replacement for my accountant?
On Base, yes — Sumly is a complete accounting program you run yourself, no accountant needed: VAT tasks, live reports, even the year-end financial statements. The only thing you need externally is an independent auditor to approve the accounts — Sumly can arrange one. Prefer hands-off? Premium includes a dedicated certified accountant.
How is Sumly cheaper than my accounting firm?
The AI does the monthly grind — reading documents, booking, reconciling — so you're not paying a person to do it. On Base you pay €39 a month and do the reviewing yourself; the average Sumly user saves €3,210 a year compared to an accounting firm.
Does Sumly file my returns with the Tax Department?
Sumly prepares your VAT, VIES and tax returns from your books, ready to go. On Base, you review and file them yourself through Tax For All. On Premium, your dedicated accountant submits them for you.
Can Sumly register my company?
Yes. Sumly registers Cyprus companies for a fixed fee with a 100% approval guarantee — if the company isn't approved, you get your money back. And you can start bookkeeping the day you order: Cyprus lets you deduct expenses up to 6 months before establishment.
Who is Sumly for?
The accounting platform is for registered Cyprus limited companies only. Freelancers and the self-employed can't run their books on Sumly — but the formation service can register self-employed status in Cyprus.
Is it compliant with Cyprus tax law?
Yes. Sumly is built specifically for Cyprus: VAT, VIES and IP Box rules are baked in and kept up to date.
How does the bank connection work?
We use bank-grade, read-only connections via licensed open-banking providers. Sumly can see transactions but can never move your money.
What is IP Box and do I qualify?
IP Box is a Cyprus regime that exempts 80% of qualifying IP profit from corporate tax — one of the lowest effective rates on IP income in Europe. The IP Box add-on tracks your qualifying income and calculates the deduction, with an audit-ready trail.
Is there a free trial?
No — Sumly comes with a 14-day money-back guarantee instead. Try it with your real books, and if it's not for you, you get your money back. No questions asked.
Can I switch from my current accountant?
Absolutely. A dedicated opening-balance flow brings in your existing balances when you switch from a previous accountant or system, and your history stays intact.
Every month without Sumly costs you about €268.
That's €3,210 a year — the average saving. Join 1,200+ Cyprus founders who stopped paying for the grind.