Several companies on one login, cleanly separated
Running two companies means running two number ranges, two sets of templates and two VAT periods. The one thing you do not need twice is a login.
- One login, several companies
- Switched top left
- Separate number ranges
- A
- B
- C
- 1Login for every company, no second account
- Top leftSwitcher between the companies
- Per companyOwn number range, own templates, own receipt address
- SeparateVAT periods, because they are assigned at registration
- Per companyRoles and permissions, not across all of them
How several companies run side by side
One user can run several companies in Volk Accountant and switch between them at the top left. Each company is its own body of data: its own clients, its own invoices with their own number range, its own templates, its own receipts and its own email address for forwarding incoming invoices. The Cyprus filings also run separately per company, because VAT periods are assigned at registration and two companies can therefore have different quarter ends. Team roles and permissions are likewise granted per company: being an admin in one company does not make you one in the other.
What stays separate for each company
The difference between genuine multi-entity support and “you can set a filter” shows up in exactly one place: the number range.
The number range is the test case. An invoice number has to be gapless within a company. If two companies share one range, both of them have gaps, and that surfaces during an inspection.
The VAT periods are the second, specifically Cypriot point: they are assigned at registration from the NACE code. Two companies with the same owner can therefore have different quarter ends. The detail is in the article on VAT registration.
That roles apply per company is the point you notice with the second employee: being an admin in one company does not make you one in the other. What the permissions look like is on the team and permissions page.
- Number rangeown invoice numbers, gapless
- Clientsown address book
- Templatesown texts and terms
- Receipt addressown email per company
- VAT periodown quarter end
- Roles and permissionsgranted per company
How you switch between companies
The most common mistake with several companies is not a wrong amount. It is a correct amount in the wrong company.
- 1
Pick the company
The switcher sits at the top left. Everything below it (invoices, receipts, filings, reports) applies to the company you picked.
- 2
Work
The chosen company stays visible while you work. There is no view that mixes two companies together.
- 3
Switch
One click, no second login, no signing out. The whole body of data changes with it.
That there is no cross-company view is a deliberate decision, not a missing feature. A total across two companies means nothing in tax terms. They are two different taxable persons, with separate returns and separate deadlines.
Who needs a second company
Usually the second company comes from an occasion rather than a plan, and that is when the question arises whether the tool grows with you.
Holding and trading
Separate liability
Old and new in parallel
In all three cases the same applies: two taxable persons, two returns, two deadlines. Whether either set of accounts has to be audited depends on turnover and total assets. Per company. That is in the article on annual accounts.
Questions that come up before you start
How do I switch between my companies?
With the switcher at the top left. Everything below it applies to the selected company: invoices, receipts, bank accounts, templates and number ranges. No second login is needed, one account covers them all.
Can data from two companies mix?
No. Every record belongs to exactly one company, and the database itself enforces that, not only the program. An API key likewise applies only to the one company it was created for.
Does each company have its own settings?
Yes. Logo, number format, templates, tax treatments, bank accounts and the dedicated email address for receipts are kept per company. Two companies can therefore issue invoices that look nothing alike without getting in each other way.
Do my companies share the plan limits?
The plan limits, such as clients in the address book or recurring invoices, apply per company. Whether each additional company needs its own subscription depends on the case; ask us before you set up the second one.
What goes with this
Further reading
Company formationRegistering a Company in Cyprus: Fees, Deadlines and What Follows
Almost everything written about the cost of forming a Cyprus company comes from people who sell company formation. This page separates the official fees from the professional ones.
VATVAT registration in Cyprus: the thresholds and the five rates
One threshold decides whether you must register, but four others catch businesses that are nowhere near it. And Cyprus has five VAT rates, not the three most guides list.
Annual accountsAnnual Accounts in Cyprus: Who Is Audited and Who Only Needs a Review
Cyprus has no audit exemption for small companies. It has a substitute, a lighter engagement, and a definition of turnover that routinely pushes holding companies back out of it.
Add a second company and switch across
Start free for 14 daysChecked 4 October 2026