Sumly

About Sumly

Combining an online accounting platform with a hands-on service desk, this Cyprus business serves founders who want to start and run a limited company without a traditional accountancy retainer. Clients can order a fixed-fee company registration, then keep the books in software that reads receipts, reconciles bank feeds and prepares VAT, VIES and tax returns for review. A more hands-off tier assigns a certified bookkeeper who files returns and prepares year-end accounts. Related offerings cover registered office and secretary services, a Cyprus-resident director appointment, residence registration for EU citizens, tax residency with non-dom status, and support for the IP Box regime for software and patent companies. Statutory audits are arranged through independent ICPAC-licensed partner auditors. The process is remote, so non-residents can register from abroad, and fixed prices are listed openly on the site.

Services

Services include online company registration with UBO, tax and VAT or VIES registrations, plus a prepared business bank account application. Ongoing support covers AI-assisted bookkeeping, invoicing, VAT and VIES returns, provisional tax, payroll with social insurance, and year-end accounts prepared by a certified bookkeeper on the higher plan. Corporate extras are a registered office address with mail forwarding, a company secretary and a resident director. Individuals can order the EU registration certificate, tax residency and non-dom registration, and IP Box tracking. Audits are ordered through partner auditors.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✕ Audit: not listed
• ✓ Bank account assistance: offered
• ✓ Residency and visas: offered
• ✓ Corporate secretarial: offered
• ✓ Virtual office: offered

Published prices

• Company formation EUR 950
• Bookkeeping software from EUR 39/month
• Certified bookkeeper EUR 190/month
• Registered office EUR 300/year
• Yellow slip EUR 400
• Tax residency and non-dom EUR 750
• Payroll add-on EUR 15 per employee/month
• Audit from EUR 950

As published by the firm. Prices change; the firm's quote is what counts.