BSD Prime provides expert accounting, bookkeeping, VAT registration, and tax advisory services for businesses operating in and through Cyprus. We turn complexity into confidence.
Accurate financial records maintained month-on-month
Timely VAT returns filed with the Cyprus Tax Department
Strategic planning under Cyprus corporate tax law
End-to-end support for Cyprus company registration
Day-to-day financial recording with precision
Fast-tracked registration with Cyprus Tax Dept.
Quarterly returns filed accurately & on time
Statutory financial statements prepared to IFRS
BSD Prime is a professional accounting and tax advisory firm based in Paphos, Cyprus. We serve local businesses, international companies, and entrepreneurs who choose Cyprus as their base for its strategic EU location and favourable tax regime.
Our team of qualified accountants brings together deep expertise in Cyprus tax legislation, International Financial Reporting Standards (IFRS), and EU regulatory compliance. From day-one bookkeeping to complex VAT advisory, we ensure your finances are always in order — so you can focus on growth.
From company formation to annual audits, BSD Prime offers a full suite of financial services designed for businesses operating in Cyprus.
Accurate, up-to-date bookkeeping that keeps your financial records clean and audit-ready. We handle accounts payable, receivable, bank reconciliations, and general ledger maintenance on a monthly basis.
We manage your complete VAT registration process with the Cyprus Tax Department, including preparation of all required documentation, VIES registration for intra-EU trade, and guidance on VAT group registrations.
Quarterly VAT returns prepared and filed accurately and on time. We review your transactions, ensure correct VAT treatment, reconcile input and output VAT, and handle all communication with tax authorities.
Preparation of statutory financial statements in accordance with International Financial Reporting Standards (IFRS) as required under Cyprus Companies Law, ready for audit and submission to the Registrar.
Strategic tax planning to maximise Cyprus's 12.5% corporate tax rate, extensive double tax treaty network, IP Box regime, and notional interest deduction. We help structure your operations for optimal tax efficiency.
Full support for Cyprus company incorporation, including Memorandum & Articles of Association, registered office, nominee services, beneficial owner declarations, and ongoing annual compliance filings.
We combine deep local expertise with international perspective to deliver accounting services that are precise, proactive, and personally tailored to your business.
Our team has extensive expertise in Cyprus tax law, double tax treaties, and EU directives. We stay current with every legislative change to ensure your business remains fully compliant and tax-efficient.
No hidden charges. No hourly billing surprises. Every service comes with clear, upfront pricing so you know exactly what you're paying for — from bookkeeping to annual accounts.
Every client gets a dedicated accountant who understands their business inside out. One point of contact, consistent communication, and advice that's tailored — not templated.
Missed deadlines mean penalties. We operate rigorous internal workflows to ensure every VAT return, tax filing, and statutory submission is completed and submitted well ahead of schedule.
Cloud accounting, digital document exchange, and secure online portals. Whether you're in Paphos or across the globe, you have real-time access to your financials and our team.
Our team communicates in English, Greek, and Russian — ensuring seamless service for Cyprus's diverse international business community without any language barriers.
Have a question about VAT registration, bookkeeping, or any of our accounting services? We'd love to hear from you. Reach out through any of the channels below and our team will respond within one business day.
Ellados, 12
8020, Paphos, Cyprus
Monday – Friday: 9:00 AM – 6:00 PM (EET)
Saturday: 10:00 AM – 1:00 PM