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The accountant that lives in your bank feed.

Sumly is the AI accountant built exclusively for Cyprus limited companies: it reads your documents, does the double-entry bookkeeping, reconciles your bank and prepares your VAT, VIES and tax returns — you review and file. It was built in Cyprus by a founder who ran a small company here and was tired of paying for the monthly grind. Now it also registers companies, and accountants run their practices on it.

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.

We'd rather build for one country completely than for many countries halfway — that conviction is the whole company. And now Sumly starts companies too: the whole journey, one place.

About Sumly, answered

What is Sumly?

Sumly is the AI accountant built exclusively for Cyprus limited companies: it reads your documents, does the double-entry bookkeeping, reconciles your bank, and prepares your VAT, VIES and tax returns — you review and file them. It is also the services around the software: company formation and self-employed registration at a fixed fee, a Sumly certified bookkeeper on Premium, Partner Auditors ordered in the dashboard, the Yellow Slip for EU founders moving here, and custom integrations for data-driven businesses.

Is Sumly an accounting firm?

No. Sumly is software first: on Base there is no human accountant, and the software never files anything itself. On Premium a Sumly certified bookkeeper reviews and files for you. Audits are always performed by independent, ICPAC-licensed Partner Auditors. Sumly replaces the bookkeeping work, not the accountant — our guide on whether you need an accountant for a Cyprus company goes through what the law actually requires and what is left for a person to do.

Why does Sumly only work for Cyprus companies?

Focus is the product. Software that supports many countries localizes each one shallowly, and Cyprus tax law is specific enough that a shallow localization always leaves the return for you to assemble. Sumly supports one country completely — 16 Cyprus VAT codes mapped to the official boxes, VIES and provisional tax native, a Cyprus chart of accounts, and every deadline and government form a Cyprus limited company faces. That depth is what lets the AI do the bookkeeping rather than just sort receipts, and why reconciliation and return preparation can be automated end to end.

Who is behind Sumly?

Sumly is a product of Sumly Ltd, a Cyprus company registered in Paphos, built by a founder who ran a small studio here for years and never really knew if his numbers were right. The team is in Cyprus; the accountants we work with review every fact we publish; the Sumly certified bookkeepers on Premium work in your dashboard, not in a back office.

The company behind Sumly

Sumly is built and operated by Sumly Ltd, a registered Cyprus company. Write to us at contact@sumly.cy and you'll usually hear back the same day.

Legal name
Sumly Ltd
Registration
HE474043 (Cyprus Registrar of Companies)
Registered office
Eleftheriou Venizelou 48, 8022 Paphos, Cyprus

Your books can do themselves too.

Join 1,200+ Cyprus founders who stopped paying for the grind — the average Sumly user saves €3,210 a year.