CYPRUS TAX ADVISORY
Strategic tax planning in Cyprus with Big 4 expertise and boutique attention.
Our team provides comprehensive tax services including corporate and personal tax returns, VAT compliance, Non-Dom planning, IP Box structuring, NID implementation, and transfer pricing advisory. With Big 4 backgrounds and international experience, we combine technical expertise with practical, responsive service to ensure compliance while creating genuine tax savings for businesses and individuals.
Tax Compliance & Advisory
Looking for trusted Cyprus tax consultants who can simplify the rules and help lower your tax bill? At Nikita & Partners, we support both businesses and individuals with tax planning in Cyprus. Our approach is practical, compliant, and designed to create real savings.
Why Choose Us: Expert Tax Consultants in Cyprus
Cyprus offers one of the most attractive tax regimes in Europe – but only if you know how to use it. As your tax advisor in Cyprus, we make sure you benefit from the system without unnecessary risks.
Our team combines local expertise with international experience. With backgrounds in the Big 4, we bring the same high-level knowledge you’d expect from a global firm, delivered with the personalized attention of a boutique practice.
We work with entrepreneurs, expats, investors, and multinational groups across Europe, the US, Russia, Israel, and Asia. Startups and SMEs trust us for hands-on compliance support, while larger groups rely on us for strategic planning across jurisdictions.
Our services include:
- Full regulatory and tax compliance support
- Tailored strategies for Cyprus tax planning
- Practical advice for business owners and investors
- Ongoing guidance to support growth and decision-making
Whether you’re launching a new venture or scaling operations, we provide the clarity and responsiveness your business needs.
Our Core Tax Advisory Services
Direct Tax
- Registration with the Inland Revenue Department
- Annual tax computations and returns (corporate and personal)
- Provisional tax filings
- Income tax residency & clearance certificates
Indirect Tax
- VAT registration and quarterly returns
- VIES and INTRASTAT reporting
- One-Stop Shop (OSS) filings
Representation & Advisory
- Communication with the Tax Authorities, including objections and rulings
- Tax planning and restructuring advice
- Assistance with reorganizations and advance tax rulings
Specialized Planning Solutions
Non-Dom Regime
Cyprus’s Non-Dom regime allows individuals to receive dividends and interest free of tax and it is one of the most attractive systems in Europe. Ideal for expats relocating to Cyprus.
Read our full Non-Dom guide
IP Box Tax Ruling
The Cyprus IP Box regime is a government-approved incentive designed for innovation-driven businesses. It allows for an effective tax rate as low as 2.5% on qualifying IP income. Fully aligned with OECD and EU standards, it provides both transparency and legitimacy.
Explore the Cyprus IP Box regime
Notional Interest Deduction (NID)
Cyprus companies can claim a notional interest deduction on new equity injected into the business. By treating equity financing in a similar way to debt, the NID reduces taxable profits and encourages fresh investment.
When applied effectively, the NID can bring a company’s effective tax rate well below the standard 12.5% corporate tax, offering a major advantage for both new and expanding businesses.
Full guide to the Cyprus NID
Tax Residency Consulting
Cyprus offers both the 183-day and 60-day rules for residency, giving individuals flexible paths to access the country’s tax system. We guide you through planning and obtaining residency certificates.
Learn more about the 60- and 183-day rules
Transfer Pricing Advisory
We help international groups manage transfer pricing in Cyprus. Services include:
- Summary Information Table (SIT)
- Master and Local File preparation
- Studies for loans, services, and royalties
- Profit allocation reviews
How We Work: Client Approach & Case Studies
We believe tax planning should be clear and manageable. Our approach:
- Understand your goals and challenges
- Design a tailored tax strategy
- Implement solutions with you and your advisors
- Stay engaged throughout the year
Navigating Cyprus Corporate Tax Rules
Navigating Cyprus corporate tax rules can be complex. Whether you need assistance with returns, residency, or planning, our team of corporate tax consultants in Cyprus is here to help.
Your tax planning starts here. Contact us today to work with trusted Cyprus tax advisors.
Frequently Asked Questions
Companies must complete registration through the TFA Portal. Step-by-step instructions are available in the official TIN Registration Guide.
Yes. All Cyprus tax resident companies must file an annual tax return (TD4). This must be based on audited or reviewed financial statements prepared each year.
Corporate tax returns must be filed electronically by March 31st of the second year following the tax year. For example, the return for 2023 is due by March 31, 2025. Extensions, if granted, are announced by the Cyprus Tax Department.
Only a licensed Cyprus auditor or tax consultant may file on behalf of a company. They must confirm the return matches the financial statements and complies with tax rules.
Companies file a temporary tax assessment each year. Payments are due in two instalments – July 31st and December 31st. Penalties and interest apply if payments are late.
Begin the Process
If you need tax compliance, planning, or advisory services in Cyprus, our team of experienced tax consultants is ready to help. From corporate tax returns and VAT through Non-Dom planning, IP Box, and transfer pricing, we provide tailored strategies, clear guidance, and ongoing support at every stage.