Accounting & tax for restaurants & hospitality in Cyprus
Restaurants, cafés and hotels in Cyprus run on thin margins and high transaction volumes — and a reduced 9% VAT rate on restaurant, catering and accommodation services. We keep the VAT right, run high-volume payroll for seasonal teams, and give you the daily/weekly numbers you need to protect margin and cash flow.
What we take off your plate
9% reduced VAT
Restaurant, catering and accommodation services use the reduced 9% rate — we make sure each supply is rated correctly.
Seasonal payroll
High-turnover, seasonal staff payroll with Social Insurance and GHS handled accurately every month.
Cash & margin control
Weekly management figures on food/labour cost percentages so you can act fast.
Tips & service charges
Correct treatment of tips, service charges and cash takings for VAT and payroll.
The services that fit
Payroll & Social Insurance
Fully managed Cyprus payroll: PAYE, Social Insurance, GHS, payslips and Emoluments returns, every month.
Learn moreVAT Services
Cyprus VAT registration, returns, VIES and OSS — handled accurately and on time so you avoid penalties.
Learn moreAccounting & Bookkeeping
Accurate, ICPAC-aligned bookkeeping and management accounts that keep your Cyprus company compliant and decision-ready.
Learn moreFrequently asked questions
Restaurant and catering services, and accommodation, generally fall under the reduced 9% VAT rate (rather than the 19% standard rate). The correct categorisation of each supply matters and is a frequent audit point.
Each employee must be registered (Ergani) before starting, with monthly Social Insurance (8.8% each side), GHS and PAYE remitted by the end of the following month. We run the full cycle including starters/leavers.
At minimum monthly (ideally weekly) figures on food and labour cost percentages, covers and cash — the metrics that protect margin in a low-margin, high-volume business.
Ready to get your numbers in order?
Book a free, no-obligation consultation. We'll review where you stand and show you exactly how we can help your business or personal finances in Cyprus.
No fees. No obligation. Speak with a qualified professional today.