Sumly.cy provides Cyprus business solutions. For €950, get company registration (UBO, tax, VAT guaranteed) plus full compliance support. Its Cyprus-compliant AI accounting software automates bookkeeping (receipts to VAT codes), generating VAT, VIES, IP Box returns, and invoices. This cuts founder workload to just 10 minutes monthly, saving clients €3,210 annually. Unlike Cybooks (€540/month, error-prone accounting only), Sumly is a better, cheaper AI-driven full-service solution.