# Nikita & Partners > Nikita & Partners is a licensed and regulated audit firm based in Limassol, Cyprus, providing statutory audit, accounting, tax advisory, company formation and residency services to local and international clients. Engagements are handled at partner level by a team with Big 4 backgrounds. The firm works with Cyprus holding companies, subsidiaries of international groups, entrepreneurs relocating to Cyprus, and businesses in technology, trading, digital assets and investment structures. Its published guides cover Cyprus corporate tax, transfer pricing, audit obligations, tax residency and non-dom status, holding structures and crypto asset accounting, and are updated as legislation changes. Address: Arch. Makariou III 228, Ayios Pavlos Block B, Office 711, 3030 Limassol, Cyprus. Email: info@nikitapartners.com.cy. Phone: +357 70088299. Sitemap: https://nikitapartners.com.cy/sitemap_index.xml ## Core Pages - [Home](https://nikitapartners.com.cy/): Overview of the firm, its services and who it works with. - [Who We Are](https://nikitapartners.com.cy/who-we-are/): The firm's background, approach and client philosophy. - [Why Us](https://nikitapartners.com.cy/why-us/): What differentiates the firm from larger and smaller competitors. - [Management](https://nikitapartners.com.cy/team/): Leadership profiles, including Managing Director Sebastian Nikita. - [Why Cyprus](https://nikitapartners.com.cy/why-cyprus/): The case for Cyprus as a business and tax jurisdiction. - [Services Overview](https://nikitapartners.com.cy/services/): Index of all audit, tax, accounting and administration services. - [Contact](https://nikitapartners.com.cy/contactus/): Office address, phone numbers and enquiry form. ## Services - [Audit & Assurance](https://nikitapartners.com.cy/services/cyprus-auditors/): Statutory audits and review engagements by an ICPAC-licensed firm. - [Tax Compliance & Advisory](https://nikitapartners.com.cy/services/cyprus-tax-planning-compliance-and-advisory/): Tax returns, VAT compliance, residency planning and strategic tax advisory. - [Accounting & Business Consultancy](https://nikitapartners.com.cy/services/accounting-bookkeeping-cyprus/): Bookkeeping, payroll, VAT and IFRS financial reporting. - [Company Incorporation](https://nikitapartners.com.cy/services/cyprus-company-incorporation-guide/): Cyprus company formation for international clients, including compliance setup. - [Company Administration](https://nikitapartners.com.cy/services/company-administration/): Fiduciary and secretarial services keeping Cyprus entities statutorily compliant. - [Substance Solutions](https://nikitapartners.com.cy/services/cyprus-substance-solutions/): Office setup, local directors, board meetings and records management for economic substance. - [Tax Residency & Non-Dom Status](https://nikitapartners.com.cy/services/cyprus-tax-residency-non-dom-status/): Obtaining Cyprus tax residency under the 60-day or 183-day rule and non-dom status. - [Redomiciliation & HQ Transfer](https://nikitapartners.com.cy/services/headquartering-in-cyprus-redomiciliation/): Moving a company's registered seat or headquarters to Cyprus. - [Crypto Accounting, Audit & Tax](https://nikitapartners.com.cy/services/cyprus-crypto-accounting-audit-tax-services/): Accounting, audit and tax services for companies holding or trading digital assets. - [Cyprus Permanent Residency](https://nikitapartners.com.cy/services/cyprus-permanent-residency-by-investment/): Permanent residency through a EUR 300,000 investment, covering the applicant's family. - [Immigration](https://nikitapartners.com.cy/services/immigration/): Work permits and relocation support for third country nationals. ## Guides: Cyprus Corporate Tax - [Cyprus Corporate Tax 2026 FAQ](https://nikitapartners.com.cy/cyprus-corporate-tax-2026-frequently-asked-questions/): The 2026 corporate tax rate, deadlines, payments, loss carry-forward and what the reform changed. - [Cyprus Company Compliance Guide 2026](https://nikitapartners.com.cy/cyprus-company-compliance-guide-2026-every-filing-deadline-and-penalty/): Every filing a Cyprus company owes in 2026, each deadline and the penalty for missing it. - [Corporate Tax in Cyprus: FAQs](https://nikitapartners.com.cy/corporate-tax-in-cyprus-faqs/): General questions on how Cyprus corporate tax works. - [Cyprus Tax Reform 2025: Summary](https://nikitapartners.com.cy/update-cyprus-2025-tax-reform-summary-of-proposed-legislative-amendments/): Summary of the six draft laws in the 2025 reform package. - [Cyprus Tax Reform 2025: Detail](https://nikitapartners.com.cy/cyprus-tax-reform-proposals-2025-key-changes-impact-amp-timeline/): Longer analysis of the reform's key changes, impact and timeline. - [Notional Interest Deduction](https://nikitapartners.com.cy/the-cyprus-notional-interest-deduction-nid/): How the NID works, with worked examples. - [Cyprus IP Box Regime](https://nikitapartners.com.cy/cyprus-ip-box-regime-turning-innovation-into-a-2-5-tax-rate/): The 80% deduction on qualifying IP profits and the effective rate it produces. - [Capital Gains Tax in Cyprus](https://nikitapartners.com.cy/comprehensive-guide-to-capital-gains-tax-in-cyprus/): How Cyprus capital gains tax applies, with examples and clarifications. - [Capital Gains Tax on Shares](https://nikitapartners.com.cy/cyprus-capital-gains-tax-on-shares/): Why gains on shares held through a Cyprus company are generally exempt, and how to structure for it. ## Guides: Audit & Financial Reporting - [Cyprus Statutory Audit Requirements](https://nikitapartners.com.cy/cyprus-audit-requirements/): Statutory audit versus review, thresholds, deadlines and consolidation rules. - [Preparing for Your First Cyprus Audit](https://nikitapartners.com.cy/preparing-for-your-first-cyprus-audit-checklist-what-to-expect/): Documents to gather and what to expect from a first statutory audit. - [Why Audit Quality Matters](https://nikitapartners.com.cy/audit-firm-cyprus-audit-quality/): What separates a substantive audit from a signature, for finance teams and group subsidiaries. - [Why Your Cyprus Audit Takes Longer Than It Should](https://nikitapartners.com.cy/why-your-cyprus-audit-takes-longer-than-it-should/): Common causes of audit delays and how to avoid them. - [Choosing an Auditor](https://nikitapartners.com.cy/choosing-an-auditor-what-cfos-and-business-owners-should-really-look-for/): What CFOs and owners should assess when changing audit firm. - [Cyprus Review Engagements](https://nikitapartners.com.cy/cyprus-review-engagements/): When a review engagement applies instead of a full audit. - [Financial Reporting Requirements Q&A](https://nikitapartners.com.cy/financial-reporting-requirements-for-cyprus-companies-qampa-guide/): Directors' obligations and annual reporting duties in question and answer form. ## Guides: Tax Residency & Relocation - [Cyprus Tax Residency: The 60-Day Rule](https://nikitapartners.com.cy/cyprus-tax-residency-60-day-rule/): The definitive guide to the 60-day rule, non-dom status and dividend treatment. - [Tax Residency for Individuals](https://nikitapartners.com.cy/cyprus-tax-residency-for-individuals-understanding-the-60-day-and-183-day-rules/): How the 60-day and 183-day residency tests differ. - [Cyprus Non-Domicile Tax Residency](https://nikitapartners.com.cy/understanding-cyprus-non-domicile-tax-residency-benefits-and-how-to-qualify/): The non-dom regime's benefits, qualifying criteria and application process. - [Relocate to Cyprus](https://nikitapartners.com.cy/relocate-to-cyprus-seamless-immigration-housing-settlement-services/): Immigration, housing and settlement support for people moving to Cyprus. ## Guides: International Structuring - [The Cyprus Holding Company](https://nikitapartners.com.cy/the-cyprus-holding-company-a-complete-guide-to-benefits-tax-efficiency-and-international-structuring/): Why groups and entrepreneurs use Cyprus for holding structures. - [Cyprus UAE Holding Structure](https://nikitapartners.com.cy/cyprus-uae-holding-structure-three-approaches-for-2026/): Three ways to combine Cyprus and UAE entities under 2026 rules. - [Cyprus Defensive Tax Measures 2026](https://nikitapartners.com.cy/cyprus-defensive-measures-2026/): The low-tax jurisdiction list, dividend withholding rates and deduction denial for BVI, Cayman and Jersey structures. - [Cyprus Transfer Pricing 2026](https://nikitapartners.com.cy/cyprus-transfer-pricing-2026/): Local File thresholds, the SIT obligation and minimum documentation rules. - [Summary Information Table (SIT)](https://nikitapartners.com.cy/summary-information-table-of-controlled-transactions-sit/): The transfer pricing disclosure required from taxpayers with related party transactions. - [Company Managed From Abroad](https://nikitapartners.com.cy/cyprus-company-managed-from-abroad-what-actually-determines-where-it-gets-taxed/): What actually determines where a Cyprus company is taxed when management sits elsewhere. - [Netherlands 36% Tax on Unrealised Gains](https://nikitapartners.com.cy/netherlands-introduces-36-tax-on-unrealised-gains-why-a-cyprus-company-is-a-strategic-alternative/): Why the Dutch measure pushes investors toward a Cyprus alternative. - [Startups and SMEs in Cyprus](https://nikitapartners.com.cy/startups-and-smes-in-cyprus-challenges-tax-opportunities-and-the-role-of-the-right-business-advisor/): Challenges and tax opportunities facing smaller Cyprus businesses. ## Guides: Crypto & Digital Assets - [Cyprus Crypto Tax from 2026](https://nikitapartners.com.cy/cyprus-crypto-tax-8-from-2026-a-global-perspective/): The 8% rate on crypto gains, set against how other countries tax digital assets. - [Cyprus Introduces 8% Flat Tax on Crypto Gains](https://nikitapartners.com.cy/cyprus-introduces-8-flat-tax-on-crypto-asset-gains/): The legislative amendment establishing the special taxation method for crypto disposals. - [Crypto Audit and Accounting](https://nikitapartners.com.cy/cyprus-crypto-audit-accounting/): Why accounting credibility, not tax rate, is the real test for crypto structures. - [Accounting for Digital Assets](https://nikitapartners.com.cy/a-guide-to-accounting-for-digital-assets-and-cryptocurrencies/): How crypto assets are treated under current accounting standards. - [US GAAP Adopts Fair Value for Crypto](https://nikitapartners.com.cy/us-gaap-adopts-fair-value-for-crypto-assets-will-ifrs-and-eu-follow/): The US fair value shift and whether IFRS and the EU will follow. ## Resources - [Blog](https://nikitapartners.com.cy/blog-3/): Index of all articles and updates. - [Tax Calendar](https://nikitapartners.com.cy/taxcalendar/): Current Cyprus tax deadlines and submission dates. - [Brochure](https://nikitapartners.com.cy/brochure/): Downloadable firm brochure. ## Optional - [Tax Filing Requirements for Cyprus Companies](https://nikitapartners.com.cy/tax-filing-requirements-for-cyprus-registered-companies-2/): Older overview of TD4 and financial statement obligations, superseded by the 2026 compliance guide. - [Financial Reporting Requirements](https://nikitapartners.com.cy/financial-reporting-requirements-for-cyprus-companies/): Short 2023 note on directors' bookkeeping duties, superseded by the Q&A guide. - [Company Incorporation: Step by Step](https://nikitapartners.com.cy/cyprus-company-incorporation-a-step-by-step-guide/): Older incorporation walkthrough, superseded by the Company Incorporation service page. - [Tax Calendar 2024](https://nikitapartners.com.cy/tax-calendar-2024/): Archived 2024 deadlines. - [Tax Calendar 2023](https://nikitapartners.com.cy/tax-calendar-2023/): Archived 2023 deadlines. - [Extended Deadline for Income Tax Return Submission](https://nikitapartners.com.cy/announcement-extended-deadline-for-income-tax-return-submission/): Expired 2024 filing extension announcement. - [Extended Deadline for Employer's TD7](https://nikitapartners.com.cy/extended-deadline-for-employers-td7-submission-2019-onwards/): Expired 2024 TD7 penalty waiver announcement.