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News & Insights

28.02.2026

Do small businesses need an in-house accountant in Cyprus?

Small business owners in Cyprus often ask whether hiring an in-house accountant is legally required. The answer depends on statutory accounting obligations under Cyprus law and the operational complexity of the company. Understanding accounting requirements in Cyprus helps business owners choose between internal and outsourced accounting support.

26.02.2026

Is there VAT on accounting services in Cyprus?

Accounting and bookkeeping services in Cyprus are generally subject to VAT when provided by a VAT-registered firm. Understanding when VAT is charged, how it appears on invoices, and whether it can be recovered helps businesses plan expenses accurately and avoid surprises. This article explains the VAT treatment of accounting services, situations where VAT applies, and what companies should clarify in advance to ensure transparent and predictable service costs.