Taxation Services
Personal, corporate and international tax planning, VAT and annual returns, for businesses across Cyprus, from a partner-led team based in Limassol.
Personal, Corporate & International Tax Services for Cyprus and Limassol
Taxation Services
Established in 1985 and regulated by ACCA and ICPAC, Iacovou & Co. is a tax consultancy and advisory firm based in Limassol, providing personal tax planning, corporate tax planning, international tax planning, VAT and annual returns for businesses across Cyprus from our Limassol office.
Cyprus companies are taxed at 15% from 2026, and businesses that want to make the most of Cyprus’ many tax incentives for businesses need a tax advisor who tracks the detail behind the headline rate: residency rules, exemptions, loss carry forward, and the double taxation treaties that shape how a group structures itself.
Since the rate moved to 15%, most of what we hear from clients is not about the percentage itself. It is about provisional tax instalments and loss carry-forward positions still calculated on last year’s rate. We check every transition line by line, because that is exactly the kind of gap that resurfaces later as a Tax Department query.
We also work with international companies and groups using Cyprus as a business base, advising on residency, structuring and ongoing compliance, alongside the VAT and accounting support most businesses need day to day.
What's Included
Our Taxation Services Cover
01
Corporate Tax Planning
Tax planning and compliance for Cyprus companies, built around the 15% corporate tax rate, residency rules and available exemptions.
02
Personal Tax Planning
Income tax planning for individuals, including domicile and non-domicile status and the reliefs that come with each.
03
International Tax Planning
Structuring and advisory support for groups and individuals using Cyprus' double taxation treaty network and EU membership.
04
VAT Services
VAT registration, and preparation and submission of VAT returns, kept in step with your VAT returns and accounting services.
05
Corporate Income Tax Returns
Preparation and submission of corporate income tax returns to the Cyprus Tax Department.
06
Annual Returns & Tax Advisory
Annual returns filed with the Registrar of Companies, tracked against each company's own filing history, plus ongoing advice between filings, not just at year end.
Local Businesses, International Groups & Individuals
Who We Work With
We advise local businesses managing their annual tax obligations, international groups structuring through Cyprus, and individuals with domicile or non-domicile status to plan for. Whatever the starting point, the same tax advisor stays involved from planning through to filing, so nothing gets lost between the two.
Taxation Services, Answered
FAQ
What tax services does Iacovou & Co. provide in Cyprus?
We provide personal tax planning, corporate tax planning, international tax planning, VAT registration and returns, and annual returns, for local and international clients from our Limassol office.
What is the Cyprus corporate tax rate in 2026?
The Cyprus corporate tax rate is 15% from 1 January 2026, up from the previous 12.5% rate, for all companies tax resident in Cyprus. See our Cyprus Tax Regime guide for the full detail on residency, exemptions and treaties.
Do you handle VAT registration and returns in Cyprus?
Yes. VAT registration, and preparation and submission of VAT returns, is a core part of our tax services, alongside wider accounting support if you need it.
Do you advise international or offshore companies using Cyprus as their base?
Yes. We advise offshore and international companies that use Cyprus as a business base, on tax residency, structuring and ongoing compliance.
When are annual returns due for a Cyprus company?
Cyprus companies must file an annual return with the Registrar of Companies each year, alongside their tax filings. The exact deadline depends on each company's own filing history, so we confirm the date for every client rather than quoting a single blanket deadline. Contact us to check yours.
Where can I find all the Cyprus tax deadlines for 2026?
Our Cyprus Tax Calendar 2026 sets out every core VAT, provisional tax, corporate tax and payroll deadline for the year in one place.
Talk to Our Tax Team.
Get Started
Whether it is corporate tax planning, VAT, or your next annual return, we would like to hear from you.
