Accountants and corporate service providers in Nicosia

Nicosia is the administrative centre of Cyprus, and it is where the company registry sits: the Department of the Registrar of Companies and Intellectual Property has its address in Nicosia. Founders do not need to be in the capital to register a company, but the 80 firms based here work closest to the authority that files and keeps the records, and they are the largest group of accountants in the country.

The balance in the city is different from the coast. Fifty-two firms are accounting firms, 26 are corporate service providers and only two are law firms, so Nicosia suits a founder who mainly wants accountants rather than lawyers. Sixty-four are small, ten are medium and six belong to large international networks. Thirty-six of them state a founding year, with the oldest dating from 1922 and the median at 1998.

Firms in Nicosia

EuroAudit

Accounting firm · Medium-sized firm

Nicosia

  • Company formation
  • Accounting and bookkeeping
  • Tax compliance
  • +4 more

Languages: English · Greek

View profile of EuroAudit

AGBS Group

Accounting firm · Boutique firm

Nicosia

  • Company formation
  • Accounting and bookkeeping
  • Tax compliance
  • +6 more

Languages: English · Greek · Russian · French …

View profile of AGBS Group

Epidosis

Accounting firm · Medium-sized firm

Nicosia

  • Company formation
  • Accounting and bookkeeping
  • Tax compliance
  • +4 more

Languages: English · Greek

View profile of Epidosis

56 more firms in Nicosia

Services that stand out

Audit is unusually strong: 58 firms offer it, compared with 56 of 93 in Limassol, and VAT is offered by 76 and accounting and tax compliance by 79 each. Sixty-nine firms handle company formation, 65 payroll, 55 corporate secretarial work and bank account assistance, 43 residence and visa support and 37 a virtual office.

What the firms in Nicosia name

Shipping is named by 23 firms, funds by 18 and real estate by 17. Family offices (eight), crypto (seven), construction (seven) and start-ups (seven) also appear, alongside fintech and technology. Fifty-eight firms focus on foreign clients, and the client groups they name include multinational groups, international groups, high-net-worth individuals and international businesses.

Branches of foreign companies are named by sixteen firms, which suits an overseas business that wants a presence in Cyprus without a separate subsidiary. Partnerships (eighteen), holding companies (seventeen), limited companies (27) and trusts (28) round out the entity types.

Languages

English is offered by 40 firms and Greek by 19, so a Greek-language relationship is easier to find here than on the coast. Russian is offered by ten firms, Spanish by four, and German, French and Romanian by two each. Several firms cite membership of the Institute of Certified Public Accountants of Cyprus, the ACCA or the ICAEW.

Working with a firm in the capital

A firm based near the registry is not automatically faster, because filings are made online, but it does mean the people you speak to deal with the registry every week. When you compare firms, ask which of them handles name approval, the incorporation filing, the beneficial owner declaration and the first tax and VAT registrations as a single package, and which hand parts of that to a separate lawyer. Also ask who will file the annual return and the audited financial statements, and what the firm does when a filing is late.

Before you choose

Cyprus keeps a public list of approved administrative service providers maintained by the securities regulator, so if a firm offers trust, nominee or similar services, you can check it there. For the legal path from name approval to filing, use the guide to setting up a company in Cyprus. Providers that handle the whole formation are on company formation in Cyprus; for a coastal alternative see Limassol or Larnaca. One free quote request can reach several of these firms.

Frequently asked questions

Is the company registry in Nicosia?

Yes. The Department of the Registrar of Companies and Intellectual Property has its address in Nicosia. You do not need to travel there to register a company, since a firm can file on your behalf.

What kinds of firm are based in Nicosia?

Fifty-two of the 80 firms are accounting firms, 26 are corporate service providers and two are law firms. Sixty-four are small practices, ten are medium and six belong to large networks.

Can I get audit from a firm in Nicosia?

Fifty-eight of the 80 firms offer audit, and 79 offer accounting. Ask whether the auditor is independent of the team that does your bookkeeping.

Which languages are offered in Nicosia?

English is offered by 40 firms and Greek by 19. Russian is offered by ten, Spanish by four, and German, French and Romanian by two each.

Do firms here handle branches of foreign companies?

Sixteen firms name branches among the entity types they handle. Ask each firm how a branch differs from a subsidiary for tax, accounting and filing in your case.

Where else in Cyprus can I compare firms?

Limassol has 93 firms, and Paphos and Larnaca have 35 each. Limassol has more Russian-speaking and shipping-focused firms, while Paphos has firms used to expatriates and retirees.

Other cities in Cyprus

Services in Cyprus

Setting up a company in Cyprus: the guide and every firm

General information, not legal or tax advice. Rules, rates and fees change: check them with the official sources linked on this page or with a qualified adviser before you act.