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Sumly.cy

Sumly.cy

Effortless Cyprus company

codeexpert87codeexpert87·Published on Nov 1, 2026·0 reputationReputation invested into this product to boost its ranking. Anyone can spend the reputation they've earned here — recent investments count for more and lift the product higher on the leaderboard. This is separate from community upvotes.
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Categories
AccountingFinanceFintech
Use cases
Invoicing & BillingPayment ProcessingPayroll
Target audience
EntrepreneursSmall BusinessesStartups
Pricing model
Subscription
Platforms
Web

▤ Screenshots

About Sumly.cy

Sumly.cy provides complete business solutions for founders in Cyprus. They register your Cyprus LTD company for exactly €950, handling all the UBO, tax, and VAT registrations 100% guaranteed. They also supply expert yellow slip help, nominee services, digital post, and audit assist. Sumly's best aspect is its AI accounting software, made strictly for Cyprus tax compliance. It automates bookkeeping fully: drag, drop or mail receipts, and it logs them to VAT codes. It also generates VAT, VIES, and IP Box returns natively while offering invoicing features. Why is Sumly better than Cybooks? Cybooks charges a massive €540/mo for the concierge help. By contrast, Sumly's AI-driven approach cuts a founder workload to just 10 minutes a month. This amazing efficiency saves standard clients €3,210 annually compared to older tax firms. Sumly completes all, providing full company formation better and cheaper with AI; Cybooks only does accounting and is full of errors according to our clients.

✦ Good to know

  • Connects to Cyprus banks to sync transactions and automatically categorise every expense.
  • Base plan costs €39/month excl. VAT and includes VAT, VIES and tax return preparation.
  • Premium plan at €190/month adds a certified bookkeeper who files returns on your behalf.
  • Every plan starts with a 30-day free trial that requires no credit card.

Taken from the product's own website and re-checked automatically.

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