Bookkeeping
Organised accounting records maintained throughout the year.
Cyprus Accounting & Tax Support
Stop Settling for Basic Accounting. Your accountant should be helping you move forward.
✓ Simple enquiry form
✓ English & Greek
✓ Cyprus-wide support
Business situations PROFECYS supports
PROFECYS
Support for the situation you are in today
One relationship. Accounting, tax and ongoing support.
P
Accounting
Tax
Support
Tax
Support
EXISTING BUSINESS
I want to change accountantNEW BUSINESS
I am setting up in CyprusGROWING COMPANY
I need stronger reporting & supportTECH / SAAS
I need specialist tax support★★★★★
5.0 / 5 client rating
Trusted in Cyprus & abroad
More Than Compliance
Running a Cyprus company involves more than filing returns and keeping records.
Your accounting setup should fit the reality of your business — its activity, growth, team, reporting needs and tax obligations.
You only hear from your accountant when something is due.
Compliance matters, but you also need visibility and clear next steps.
Your business is growing but your financial picture is not getting clearer.
Better records and reporting help you make better decisions.
You want practical answers, not accounting jargon.
Important financial and tax matters should be explained clearly.
The PROFECYS Accounting Framework
01
UnderstandReview your business, current accounting setup, activity and priorities.
02
OrganiseBring bookkeeping, VAT, payroll, tax and reporting into one coordinated process.
03
SupportUse digital tools, including Xero, to make collaboration and access to information easier.
04
Maintain & improveKeep compliance on track while improving financial visibility as the business develops.
One Coordinated Service
The accounting and tax expertise required to operate in Cyprus.
Bring the different financial and compliance requirements of your business together through one coordinated relationship.
Tax Compliance
Practical support with Cyprus business tax obligations and ongoing compliance.
VAT
VAT registrations, ongoing reporting and compliance support.
Payroll
Reliable payroll support as your team and business develop.
Financial Reporting
Clearer financial information to support better business decisions.
Built for real business situations
Which one sounds like you?
Existing Cyprus company
Changing accountant
You want clearer communication, stronger support and a smoother ongoing relationship.
International founder
Setting up in Cyprus
You need company setup followed by reliable accounting, tax and compliance support.
Tech / SaaS
Growing digital business
You need accounting that understands software, digital operations and specialist tax questions.
Growing SME
More complexity, less visibility
You need stronger processes, better reporting and dependable ongoing support.
Client Experience
Trusted support for businesses moving forward in Cyprus.
Clear communication, coordinated support and a professional relationship built around the needs of the business.
★★★★★
“Profecys was recommended to me and my business by a friend. I couldn’t be more thankful we found Giannis and his company. They helped us structure our procedures and file all the complicated paperwork seamlessly. As a new business it can be very overwhelming and time consuming to make sure everything is in order. Profecys saved is a lot of time and money. I would recommend them to anyone looking for a reliable and professional company.”
TK
Tasos Kyrou
★★★★★
“The most professional and to the point advisors on finance, management, marketing and much more.”
AK
Andy Kaizer
★★★★★
“Excellent experience with Profecys! The team is professional, reliable, and always ready to help. They provide clear guidance on accounting and tax matters, with great attention to detail and excellent communication. Highly recommended for anyone looking for trustworthy accounting services in Cyprus!”
MS
Michael Sotiriou
Reviews are verified by Google.
Why PROFECYS
Giannis Retsas
PROFECYS LTD
PROFECYS takes a hands-on, multidisciplinary approach to accounting and advisory. Giannis is directly involved in understanding the business behind the numbers, helping clients bring accounting, tax and ongoing financial support together rather than treating each requirement separately.
The PROFECYS Approach
A clear process from first review to ongoing support.
A structured approach for businesses that want accounting and tax support aligned with how they actually operate.
01
Assess
Understand your business, current accounting setup, activities, structure and priorities.
02
Define
Determine the appropriate accounting, tax, VAT, payroll and reporting support required.
03
Transition
Coordinate onboarding, information transfer and digital accounting setup.
04
Maintain
Provide ongoing accounting, tax and financial support as your business operates and grows.
Confidential Initial Discussion
Discuss your accounting and tax needs with PROFECYS.
Tell us a little about your business, current accounting setup and what you would like to improve. The PROFECYS team can then discuss the relevant next steps and, where appropriate, prepare a tailored proposal.
✓ Existing Cyprus companies
✓ New company setup
✓ Businesses changing accountant
✓ Tech, SaaS and international founders
Different Disciplines. One Relationship.
Your accounting needs rarely exist in isolation.
PROFECYS combines accounting, tax, audit, advisory, corporate and technology expertise so the wider business picture can be considered where relevant.
Accounting
Tax
VAT
Audit
Advisory
Corporate
Technology
For Growing Businesses
One team looking at the wider picture.
Instead of dealing with disconnected providers for every issue, PROFECYS can coordinate relevant accounting, tax and advisory requirements through one professional relationship.
FAQ
Before you get in touch.
Yes. If you are considering a change, you can discuss your current situation, requirements and the appropriate transition steps with PROFECYS.
No. PROFECYS supports businesses throughout Cyprus and also works with international entrepreneurs and businesses connected to Cyprus.
Yes. Cloud-based tools, including Xero, support digital record sharing and easier access to financial information.
Yes. Technology and software businesses are a priority client segment, including businesses that may also require specialist IP Box advisory.
Complete the short form. PROFECYS can then assess the services required and prepare a proposal based on your business needs and complexity.
Information on this page is general in nature and is not tax, legal or other professional advice for any specific business. Individual circumstances and applicable legislation should be assessed before acting.
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