Accountants in Limassol, Cyprus
Four decades of trusted financial expertise in Cyprus.
Iacovou & Co. is a Limassol-based firm of chartered certified accountants and auditors, established in 1985 and regulated by ACCA and ICPAC. For over 40 years, we have provided audit, tax, accounting and corporate services to businesses across Cyprus, building relationships with clients who value precision as much as we do.
As one of the more established accountancy firms in Limassol, we work with a broad mix of clients: family-run local businesses that have grown with us over decades, and international companies that chose Cyprus as their base and needed an accountant who understood both the numbers and the regulatory landscape. Every client is looked after directly by one of our partners, not passed down a chain of juniors, a model that has kept our client relationships personal even as the firm has grown.
Our services cover the full range a growing business needs from a single firm: statutory audit and assurance, bookkeeping and VAT, corporate and personal tax planning, company formation, and corporate advisory for expansions, mergers and sales. We also work with clients in the shipping sector and advise on Cyprus international trusts and intellectual property structuring.
Whether you need a chartered accountant in Limassol for day-to-day bookkeeping, a statutory auditor for your annual accounts, or a corporate advisor for a larger transaction, our team brings the same standard of care, and the same 40+ years of experience, to every engagement.
our services
Audit & Assurance
Independent audits that support compliance and confidence in reporting.
Accounting Services
Bookkeeping, VAT, payroll and financial statements handled accurately.
Management Consulting
Practical advice on budgets, controls and planning for better decisions.
Taxation Services
Tax planning, VAT and annual return support for Cyprus businesses.
Legal Services
Wills, trusts, power of attorney and related services via affiliates.
Corporate Advisory
Support for expansions, mergers, sales and due diligence decisions.
Shipping Accounting & Audit
Accounting, audit and tax services tailored to shipping businesses.
Company Formation & Corporate Services
Company registration, fiduciary, admin and secretarial support.
Established 1985. Partner-Led. Built on Trust.
Why Iacovou & Co.
For over 40 years, Iacovou & Co. has built its reputation one client relationship at a time. We are ACCA and ICPAC regulated, and every engagement is overseen directly by a partner, not delegated down a chain of juniors. Whether you’re an international business looking to take advantage of Cyprus’ many business and taxation benefits, or a local company that has worked with us for years, we’re here to account for your business and help it grow.
Our approach is built around continuity, accessibility and practical support. We take the time to understand each client’s business, remain closely involved throughout the relationship, and provide clear guidance as needs evolve over time.
Built Around Your Business
Our Story
Four decades of trust & expertise
Established in Limassol
Serving businesses in Cyprus for four decades.
1985
Experience & Expertise
Long-standing knowledge across accounting, audit and tax.
40 Years
Licensed Professionals
Working to recognised professional accounting standards.
ACCA
Regulated in Cyprus
Part of Cyprus’ professional accountancy framework.
ICPAC
Diverse Client Base
Supporting Cyprus businesses and international companies.
Local & International
Personal Service
Direct partner involvement throughout every client relationship.
Partner-Led
Why International Businesses Choose Cyprus and Iacovou & Co.
International Business
Cyprus offers a genuinely competitive base for international business: a 15% corporate tax rate, an extensive network of double tax treaties, full EU membership and, for many structures, generally 0% withholding tax on dividends, subject to specific anti-avoidance provisions. We help international businesses set up, structure and run their Cyprus operations with an accountant who understands both the incentives and the compliance that comes with them.
Beyond the initial setup, we provide ongoing support with accounting, tax, compliance and corporate matters, helping international businesses operate with greater clarity and confidence as their needs develop.
See the full case for Cyprus
Cyprus Tax Regime 2026
Cyprus Company Formation
Cyprus International Trusts
Intellectual Property
Questions about working with us
Frequently Asked Questions
How long has Iacovou & Co. been in business?
Iacovou & Co. was established in 1985, which means we have been serving businesses in Cyprus for over 40 years. Our experience covers audit, tax, accounting and corporate services across changing regulations and generations of local and international clients.
Are you a regulated accountancy firm?
Yes. Iacovou & Co. is regulated by ACCA, the Association of Chartered Certified Accountants, and ICPAC, the Institute of Certified Public Accountants of Cyprus, the two governing bodies for the accountancy profession in Cyprus.
Do you work with international businesses, or only local Cyprus companies?
Both. We work with family-run local businesses based in Limassol and across Cyprus, as well as international companies that use Cyprus as their base and need an accountant who understands the local regulatory landscape.
What services does Iacovou & Co. offer?
We provide audit and assurance, accounting services, taxation services, management consulting, corporate advisory, legal services through our affiliated firms, shipping industry accounting, and company formation and corporate services. Most clients use us for more than one of these as their business grows.
Will a partner handle my account, or will I be passed to a junior team member?
Every client at Iacovou & Co. is looked after directly by one of our partners. We do not pass client relationships down a chain of juniors, so the partner who takes you on stays involved throughout the engagement.
How do I get started with Iacovou & Co.?
Contact us by phone or email, or use the contact form on this site. We will arrange a time to discuss your business and the services you need, whether that is a single audit or ongoing accounting and tax support.
Where can I find Cyprus tax deadlines for 2026?
Our Cyprus Tax Calendar 2026 lists every core VAT, provisional tax, corporate tax and payroll deadline for the year.
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