AI-powered bookkeeping for Cyprus
Connect your bank, drop in your receipts, and Sumly takes it from there — automatically sorting all transactions and preparing your tax returns. Customers save an average of €3,000 and 100+ hours a year.
No company yet? Start one now
Live sync from the banks Cyprus businesses already use
Your books on autopilot, in three steps
From bank to ready-to-file returns, Sumly handles the whole loop.
Drop everything in
Drag-and-drop your receipts and invoices into Sumly, or forward them directly from your email.
Our AI books it
AI categorises every transaction, matches receipts to your bank, and flags anything that needs your eye.
Review and file
VAT, VIES and other tax returns are prepared for you. You just review and file them in under a minute.
Send the invoice. Sumly does the rest.
Build a professional invoice with your logo and your details, pick the customer, and email it straight from Sumly. The right Cyprus VAT code goes on every line, the entry hits your books the moment you send — and when the money lands, your bank feed matches it to the invoice without you lifting a finger.
- Branded invoices and credit notes, emailed from Sumly
- Cyprus VAT applied per line, automatically
- Incoming payments matched to the right invoice
Drop a document in. It books itself.
Drag receipts and bills into your inbox, or forward them to your company's private Sumly email address. The AI reads each one — supplier, dates, line items, VAT — and books it per Cyprus tax rules, maximizing the deductions you're entitled to. Confirm a new supplier once and everything from them is automatic after that.
- PDFs, photos and forwarded email attachments, all read for you
- Confirm a supplier once — every document after that books itself
- Junk filtered out; every entry linked back to the original file
Pay your team without a payroll bureau
Every employee's details, contracts and salary history live on one page — and payroll runs from the same place as the books. Social Insurance and GHS are calculated for you, payslips come out monthly, the run posts straight to your ledger, and the employer filings are prepared ready to submit.
- Monthly payslips with Social Insurance and GHS calculated
- Employments, contracts and salary history per employee
- €15 per employee a month — add it the day you hire
An accountant you can just ask
Ask Sumly AI sits on every page. Ask what you owe in VAT this quarter, when the next deadline falls, or why a number moved — and it answers from your live books, not a help article. Attach a bank statement and it will check it against your ledger. Tell it to fix something and it will.
- Answers from your own numbers, on any page
- Attach a file and have it cross-checked against your books
- Ask it to categorise, create or correct entries for you
VAT and VIES ready before the deadline
Sumly's bookkeeping is VAT-aware from the ground up: every Cyprus VAT code is mapped to the official boxes of the Cyprus VAT return, so the return is generated from your books, ready to review.
- VAT returns generated from your books, ready to review
- The monthly VIES return prepared from the same data
- You file it on Base — your dedicated accountant files it on Premium
The honest comparison
Loved by Cyprus founders
From Nicosia to Paphos, founders run their books on Sumly.
“I used to lose a full weekend to VAT every quarter. With Sumly it's ten minutes and I actually trust the numbers.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“Finally, accounting software that speaks Cyprus. VAT and VIES just… happen.”
“I used to lose a full weekend to VAT every quarter. With Sumly it's ten minutes and I actually trust the numbers.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“Finally, accounting software that speaks Cyprus. VAT and VIES just… happen.”
“I used to lose a full weekend to VAT every quarter. With Sumly it's ten minutes and I actually trust the numbers.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“Finally, accounting software that speaks Cyprus. VAT and VIES just… happen.”
“I used to lose a full weekend to VAT every quarter. With Sumly it's ten minutes and I actually trust the numbers.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“Finally, accounting software that speaks Cyprus. VAT and VIES just… happen.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“It found my IP Box exemption before my old accountant ever mentioned it. Paid for itself in a month.”
“Connected my bank, and the next morning everything was categorised. Genuinely felt like magic.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
What's left for you? About 10 minutes a month
Sumly takes care of the bookkeeping, you keep the decisions, and the auditors sign off on the results every year.
Sumly AI does the bookkeeping
- Reads every receipt, bill and invoice you drop in
- Books each one on the correct VAT code
- Reconciles your bank feeds automatically
- Prepares VAT, VIES and other tax returns
You do the 10 minutes
- Drag and drop or forward the receipts
- Glance at what the AI booked and approve
- Review each return and file it
- Ask Sumly AI anything about your numbers
The professionals sign-off
- An ICPAC-licensed Partner Auditor performs the year-end audit, ordered right from the dashboard
- Prefer hands-off? A Sumly certified bookkeeper runs everything with the Premium plan
- Have your own accountant? Invite them in
Do it yourself, or have it done
Try free for 30 days now. Cancel anytime.
Do it yourself
The full platform for founders who like to save money and time. Sumly AI books everything, and you just review and file.
- Invoicing & automated bookkeeping
- Automatic bank reconciliation
- VAT, VIES & tax returns prepared
- Dashboard, reports and AI assistant
Get a certified bookkeeper
Full access to the platform, plus your own Sumly certified bookkeeper. Amoung the cheapest accounting services in Cyprus.
- Everything in Base included
- Your own Sumly certified bookkeeper
- VAT, VIES & payroll filed for you
- Year-end accounts handled
Book a free demo & migration
We show you around the product with your own situation in mind.
Where are you today?
Already run a Cyprus company?
Switch to Sumly in an afternoon, and book a meeting with us to get a free migration.
Starting a new company?
We register it for a fixed fee, with a 100% approval guarantee, and you start bookkeeping from day zero.
Are you an accountant or auditor?
Run every client from one dashboard or audit Sumly companies in hours as a Partner Auditor.
Start it. Run it. Stay.
Sumly covers the whole Cyprus company lifecycle in one place.
Form the company
Fixed pricing, always with a 100% approval guarantee.
Books from day zero
Start your bookkeeping from the moment you order.
Every return, ready
Do it yourself on Base, or have it filed for you on Premium.
Stay in Cyprus
The company formation + Yellow Slip settles you in properly.
Questions, answered
The questions founders ask before they connect their bank.
Is Sumly a replacement for my accountant?
Sumly replaces the bookkeeping work, not the accountant. On Base, Sumly's AI does the data entry, the reconciliation and the return preparation, and you review and file — so there is no monthly bookkeeping bill. What every Cyprus company still needs is an ICPAC-licensed auditor to sign off the year-end accounts (a full audit, or a lighter review for the smallest companies) — you order one from Sumly's Partner Auditors right in the dashboard. Prefer hands-off? Premium includes a Sumly certified bookkeeper. And if you are an accountant, Sumly runs your whole practice — see sumly.cy/for-accountants.
How is Sumly cheaper than my accounting firm?
The AI does the monthly grind — reading documents, booking, reconciling — so you're not paying a person to do it. On Base you pay €39 a month and do the reviewing yourself; the average Sumly user saves €3,210 a year compared to an accounting firm.
Does Sumly file my returns with the Tax Department?
Sumly prepares your VAT, VIES and tax returns from your books, ready to go. On Base, you review and file them yourself through Tax For All. On Premium, your Sumly certified bookkeeper submits them for you.
Is it compliant with Cyprus tax law?
Yes. Sumly is built specifically for Cyprus: VAT, VIES and IP Box rules are baked in and kept up to date.
Does Sumly offer a free trial?
Yes — 30 days, free, with your real books. Connect your bank, drop in your receipts and watch Sumly do the bookkeeping before you pay anything. You can also book a free video demo — a walkthrough of Sumly plus free migration of your existing books.
How does the bank connection work?
We use bank-grade, read-only connections via licensed open-banking providers. Sumly can see transactions but can never move your money.
Can I switch from my current accountant?
Absolutely. A dedicated opening-balance flow brings in your existing balances when you switch from a previous accountant or system, and your history stays intact.
Who is Sumly for?
The accounting platform is for registered Cyprus limited companies only. Freelancers and the self-employed can't run their books on Sumly — but the formation service can register self-employed status in Cyprus.
Can Sumly register my company?
Yes. Sumly registers Cyprus companies for a fixed fee with a 100% approval guarantee — if the company isn't approved, you get your money back. And you can start bookkeeping the day you order: Cyprus lets you deduct expenses up to 6 months before establishment.
What is IP Box and do I qualify?
IP Box is a Cyprus regime that exempts 80% of qualifying IP profit from corporate tax — one of the lowest effective rates on IP income in Europe. The IP Box add-on tracks your qualifying income and calculates the deduction, with an audit-ready trail.
I'm an accountant — can I run my clients on Sumly?
Yes. Sumly is practice-first: a free practice dashboard shows every client company under one login, the AI does the data entry for each of them, and you review, adjust and file. Take Sumly's course to become a Sumly Verified Bookkeeper and get referred customers in your area. See sumly.cy/for-accountants.
Can Sumly integrate with my platform or payment provider?
Yes — for data-driven businesses (casinos, e-commerce, fintech, apps) Sumly's developers build a custom integration between your systems and the ledger, so bookkeeping runs automatically and precisely. Price on request per project — see sumly.cy/services/api-bookkeeping.
What is the best accounting software for a Cyprus limited company?
Sumly is the best accounting software for a Cyprus limited company — because it is built for exactly one thing, Cyprus tax law: all 16 Cyprus VAT codes mapped to the official VAT return boxes, VIES and provisional tax native, not a localization. Nothing is filed without review — trusted by 1,200+ Cyprus founders.
Is there accounting software built specifically for Cyprus tax law?
Yes — Sumly is built exclusively for Cyprus limited companies, not localized from an international product. The chart of accounts, VAT codes, VIES returns, provisional tax installments and IP Box tracking all follow Cyprus rules natively, and bank feeds cover the banks Cyprus businesses actually use.
Why is Sumly better than other international accounting software?
Generic international accounting software treats Cyprus as a currency-and-locale setting: you still build VAT returns, VIES statements and provisional tax by hand. Sumly generates each one directly from your books because the whole platform exists for Cyprus. Doing the books takes about 10 minutes a month — not 10 hours.
Every month without Sumly costs you about €500.
Join 1,200+ Cyprus founders who saved time and test Sumly for free now. No credit card needed to try.