Your books dothemselves now.
Sumly is the AI accountant for Cyprus. It connects to your bank, sorts every expense, files your VAT & VIES, and even handles IP Box — automatically. You spend 10 minutes a month, not 10 hours.
Plays nicely with the tools Cyprus businesses already use
Your books, on autopilot in three steps
From bank to filed return — Sumly handles the whole loop.
Connect your bank
Securely link your Cyprus bank account in minutes. Sumly imports every transaction automatically.
Sumly sorts everything
AI categorises each expense, matches receipts, and flags anything that needs your eye.
File with one click
VAT, VIES and IP Box returns are prepared for you. Review, approve, done.
Everything your accountant does — minus the €3,000 bill
Sumly does the monthly grind so you can get back to building.
EXPENSES
Every receipt, sorted automatically
Snap or forward a receipt and Sumly matches it to the right transaction, then files it where your accountant would.
- Auto-categorised expenses
- Receipt matching
- Duplicate detection
VAT & VIES
VAT & VIES filed on time, every quarter
Every quarter Sumly prepares your VAT return and EU VIES submission, checks it, and reminds you before the deadline.
- Quarterly VAT returns
- EU VIES submissions
- Deadline reminders
IP BOX
IP Box, handled like a pro
Sumly models your IP Box exemption, tracks qualifying income, and keeps an audit-ready trail — the 2.5% effective rate, done right.
- 80% exemption modelling
- Qualifying income tracking
- Audit-ready reports
DASHBOARD
Know your numbers in real time
A live dashboard shows your profit, cash flow, and exactly how much tax to set aside — updated as money moves.
- Live profit & loss
- Cash-flow forecast
- Tax set-aside
The honest comparison.
You don't care what software does. You care why you should switch. So here it is, no spin.
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.”
I ran a small studio in Nicosia for six years. Every quarter I lost a weekend to VAT, paid an accountant €3,000 a year, and still never really knew if my numbers were right.
So I built the tool I wish I'd had: an accountant that lives in your bank feed, knows Cyprus tax cold, and never sends you a spreadsheet at 11pm. That's Sumly.
Simple pricing. No surprises.
Start free for 14 days. Cancel anytime.
Starter
For freelancers just getting started.
- Bank sync
- Auto-categorisation
- Quarterly VAT returns
- Email support
Growth
For growing Cyprus companies.
- Everything in Starter
- EU VIES submissions
- IP Box modelling
- Priority support
Scale
For teams that want it all.
- Everything in Growth
- Multi-entity support
- Dedicated accountant review
- API access
Billed annually
Questions, answered
Everything you need to know before you connect your bank.
Is Sumly a replacement for my accountant?
Think of Sumly as your accountant's superpower. It automates the monthly grind — categorising, reconciling and filing — so you (or your accountant) only review and approve.
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.
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.
What is IP Box and do I qualify?
IP Box is a Cyprus regime that can cut tax on qualifying IP income to an effective 2.5%. Sumly checks if you qualify and models the benefit automatically.
Can I switch from my current accountant?
Absolutely. Import your history and Sumly reconciles it. Most founders switch in an afternoon.
Is my data secure?
Your data is encrypted in transit and at rest, hosted in the EU, and never sold. You can export or delete it anytime.
Your books could be doing themselves by tonight.
Join 1,200+ Cyprus founders who fired their spreadsheet.