Accountants in Famagusta, Cyprus
There are 14 English-speaking accountants serving Famagusta in our directory, all of whom can sign the statutory audit that every Cyprus company is legally required to file (the auditor must be a member of ICPAC). For a small active Cyprus Ltd, full annual compliance typically costs €800 to €2,500 a year. Compare the firms below by specialty, languages and real Google ratings, then contact them directly. No firm pays us for placement.
Compare accountants in Famagusta
5 questions to ask before you hire an accountant in Famagusta
- Are you (or your audit partner) a member of ICPAC? Only an ICPAC member can sign a Cyprus statutory audit.
- Have you handled non-dom or international shareholder structures like mine before?
- Is the annual fee fixed, or billed hourly, and what exactly does it include?
- Do you do bookkeeping, VAT returns, payroll and the audit in-house, or sub-contract any of it?
- Will you audit books I keep myself in Xero or QuickBooks, or do you require your own bookkeeping?
Big firm vs small firm vs independent
A large firm (the Big Four and the bigger local practices) gives you depth across tax, audit and advisory but charges accordingly and can be slow for a one-person company. A small or mid-size local firm is usually cheaper and more responsive for a standard Cyprus Ltd. A solo ICPAC practitioner is the lowest cost but check capacity at year-end. Match the firm size to your complexity, not to its brand.
What it costs in Famagusta (2026)
Red flags to avoid
- No verifiable ICPAC membership for the partner signing your audit.
- A quote with no written scope, so the "fixed" fee balloons with add-ons later.
- Pressure to also buy nominee director or address services you do not need.
- No clear answer on who does your bookkeeping versus your audit.