diff --git a/CODEOWNERS b/CODEOWNERS
index 68a8eb6d18..82612fbd4a 100644
--- a/CODEOWNERS
+++ b/CODEOWNERS
@@ -201,6 +201,7 @@ esphome/components/output/* @esphome/core
 esphome/components/pca6416a/* @Mat931
 esphome/components/pca9554/* @hwstar
 esphome/components/pcf85063/* @brogon
+esphome/components/pcf8563/* @KoenBreeman
 esphome/components/pid/* @OttoWinter
 esphome/components/pipsolar/* @andreashergert1984
 esphome/components/pm1006/* @habbie
diff --git a/esphome/components/pcf8563/__init__.py b/esphome/components/pcf8563/__init__.py
new file mode 100644
index 0000000000..e69de29bb2
diff --git a/esphome/components/pcf8563/pcf8563.cpp b/esphome/components/pcf8563/pcf8563.cpp
new file mode 100644
index 0000000000..f2a82735c5
--- /dev/null
+++ b/esphome/components/pcf8563/pcf8563.cpp
@@ -0,0 +1,109 @@
+#include "pcf8563.h"
+#include "esphome/core/log.h"
+
+// Datasheet:
+// - https://nl.mouser.com/datasheet/2/302/PCF8563-1127619.pdf
+
+namespace esphome {
+namespace pcf8563 {
+
+static const char *const TAG = "PCF8563";
+
+void PCF8563Component::setup() {
+  ESP_LOGCONFIG(TAG, "Setting up PCF8563...");
+  if (!this->read_rtc_()) {
+    this->mark_failed();
+  }
+}
+
+void PCF8563Component::update() { this->read_time(); }
+
+void PCF8563Component::dump_config() {
+  ESP_LOGCONFIG(TAG, "PCF8563:");
+  LOG_I2C_DEVICE(this);
+  if (this->is_failed()) {
+    ESP_LOGE(TAG, "Communication with PCF8563 failed!");
+  }
+  ESP_LOGCONFIG(TAG, "  Timezone: '%s'", this->timezone_.c_str());
+}
+
+float PCF8563Component::get_setup_priority() const { return setup_priority::DATA; }
+
+void PCF8563Component::read_time() {
+  if (!this->read_rtc_()) {
+    return;
+  }
+  if (pcf8563_.reg.stop) {
+    ESP_LOGW(TAG, "RTC halted, not syncing to system clock.");
+    return;
+  }
+  ESPTime rtc_time{
+      .second = uint8_t(pcf8563_.reg.second + 10 * pcf8563_.reg.second_10),
+      .minute = uint8_t(pcf8563_.reg.minute + 10u * pcf8563_.reg.minute_10),
+      .hour = uint8_t(pcf8563_.reg.hour + 10u * pcf8563_.reg.hour_10),
+      .day_of_week = uint8_t(pcf8563_.reg.weekday),
+      .day_of_month = uint8_t(pcf8563_.reg.day + 10u * pcf8563_.reg.day_10),
+      .day_of_year = 1,  // ignored by recalc_timestamp_utc(false)
+      .month = uint8_t(pcf8563_.reg.month + 10u * pcf8563_.reg.month_10),
+      .year = uint16_t(pcf8563_.reg.year + 10u * pcf8563_.reg.year_10 + 2000),
+      .is_dst = false,  // not used
+      .timestamp = 0,   // overwritten by recalc_timestamp_utc(false)
+  };
+  rtc_time.recalc_timestamp_utc(false);
+  if (!rtc_time.is_valid()) {
+    ESP_LOGE(TAG, "Invalid RTC time, not syncing to system clock.");
+    return;
+  }
+  time::RealTimeClock::synchronize_epoch_(rtc_time.timestamp);
+}
+
+void PCF8563Component::write_time() {
+  auto now = time::RealTimeClock::utcnow();
+  if (!now.is_valid()) {
+    ESP_LOGE(TAG, "Invalid system time, not syncing to RTC.");
+    return;
+  }
+  pcf8563_.reg.year = (now.year - 2000) % 10;
+  pcf8563_.reg.year_10 = (now.year - 2000) / 10 % 10;
+  pcf8563_.reg.month = now.month % 10;
+  pcf8563_.reg.month_10 = now.month / 10;
+  pcf8563_.reg.day = now.day_of_month % 10;
+  pcf8563_.reg.day_10 = now.day_of_month / 10;
+  pcf8563_.reg.weekday = now.day_of_week;
+  pcf8563_.reg.hour = now.hour % 10;
+  pcf8563_.reg.hour_10 = now.hour / 10;
+  pcf8563_.reg.minute = now.minute % 10;
+  pcf8563_.reg.minute_10 = now.minute / 10;
+  pcf8563_.reg.second = now.second % 10;
+  pcf8563_.reg.second_10 = now.second / 10;
+  pcf8563_.reg.stop = false;
+
+  this->write_rtc_();
+}
+
+bool PCF8563Component::read_rtc_() {
+  if (!this->read_bytes(0, this->pcf8563_.raw, sizeof(this->pcf8563_.raw))) {
+    ESP_LOGE(TAG, "Can't read I2C data.");
+    return false;
+  }
+  ESP_LOGD(TAG, "Read  %0u%0u:%0u%0u:%0u%0u 20%0u%0u-%0u%0u-%0u%0u  STOP:%s CLKOUT:%0u", pcf8563_.reg.hour_10,
+           pcf8563_.reg.hour, pcf8563_.reg.minute_10, pcf8563_.reg.minute, pcf8563_.reg.second_10, pcf8563_.reg.second,
+           pcf8563_.reg.year_10, pcf8563_.reg.year, pcf8563_.reg.month_10, pcf8563_.reg.month, pcf8563_.reg.day_10,
+           pcf8563_.reg.day, ONOFF(!pcf8563_.reg.stop), pcf8563_.reg.clkout_enabled);
+
+  return true;
+}
+
+bool PCF8563Component::write_rtc_() {
+  if (!this->write_bytes(0, this->pcf8563_.raw, sizeof(this->pcf8563_.raw))) {
+    ESP_LOGE(TAG, "Can't write I2C data.");
+    return false;
+  }
+  ESP_LOGD(TAG, "Write %0u%0u:%0u%0u:%0u%0u 20%0u%0u-%0u%0u-%0u%0u  OSC:%s CLKOUT:%0u", pcf8563_.reg.hour_10,
+           pcf8563_.reg.hour, pcf8563_.reg.minute_10, pcf8563_.reg.minute, pcf8563_.reg.second_10, pcf8563_.reg.second,
+           pcf8563_.reg.year_10, pcf8563_.reg.year, pcf8563_.reg.month_10, pcf8563_.reg.month, pcf8563_.reg.day_10,
+           pcf8563_.reg.day, ONOFF(!pcf8563_.reg.stop), pcf8563_.reg.clkout_enabled);
+  return true;
+}
+}  // namespace pcf8563
+}  // namespace esphome
diff --git a/esphome/components/pcf8563/pcf8563.h b/esphome/components/pcf8563/pcf8563.h
new file mode 100644
index 0000000000..b6832efe72
--- /dev/null
+++ b/esphome/components/pcf8563/pcf8563.h
@@ -0,0 +1,124 @@
+#pragma once
+
+#include "esphome/core/component.h"
+#include "esphome/components/i2c/i2c.h"
+#include "esphome/components/time/real_time_clock.h"
+
+namespace esphome {
+namespace pcf8563 {
+
+class PCF8563Component : public time::RealTimeClock, public i2c::I2CDevice {
+ public:
+  void setup() override;
+  void update() override;
+  void dump_config() override;
+  float get_setup_priority() const override;
+  void read_time();
+  void write_time();
+
+ protected:
+  bool read_rtc_();
+  bool write_rtc_();
+  union PCF8563Reg {
+    struct {
+      // Control_1 register
+      bool : 3;
+      bool power_on_reset : 1;
+      bool : 1;
+      bool stop : 1;
+      bool : 1;
+      bool ext_test : 1;
+
+      // Control_2 register
+      bool time_int : 1;
+      bool alarm_int : 1;
+      bool timer_flag : 1;
+      bool alarm_flag : 1;
+      bool timer_int_timer_pulse : 1;
+      bool : 3;
+
+      // Seconds register
+      uint8_t second : 4;
+      uint8_t second_10 : 3;
+      bool clock_int : 1;
+
+      // Minutes register
+      uint8_t minute : 4;
+      uint8_t minute_10 : 3;
+      uint8_t : 1;
+
+      // Hours register
+      uint8_t hour : 4;
+      uint8_t hour_10 : 2;
+      uint8_t : 2;
+
+      // Days register
+      uint8_t day : 4;
+      uint8_t day_10 : 2;
+      uint8_t : 2;
+
+      // Weekdays register
+      uint8_t weekday : 3;
+      uint8_t unused_3 : 5;
+
+      // Months register
+      uint8_t month : 4;
+      uint8_t month_10 : 1;
+      uint8_t : 2;
+      uint8_t century : 1;
+
+      // Years register
+      uint8_t year : 4;
+      uint8_t year_10 : 4;
+
+      // Minute Alarm register
+      uint8_t minute_alarm : 4;
+      uint8_t minute_alarm_10 : 3;
+      bool minute_alarm_enabled : 1;
+
+      // Hour Alarm register
+      uint8_t hour_alarm : 4;
+      uint8_t hour_alarm_10 : 2;
+      uint8_t : 1;
+      bool hour_alarm_enabled : 1;
+
+      // Day Alarm register
+      uint8_t day_alarm : 4;
+      uint8_t day_alarm_10 : 2;
+      uint8_t : 1;
+      bool day_alarm_enabled : 1;
+
+      // Weekday Alarm register
+      uint8_t weekday_alarm : 3;
+      uint8_t : 4;
+      bool weekday_alarm_enabled : 1;
+
+      // CLKout control register
+      uint8_t frequency_output : 2;
+      uint8_t : 5;
+      uint8_t clkout_enabled : 1;
+
+      // Timer control register
+      uint8_t timer_source_frequency : 2;
+      uint8_t : 5;
+      uint8_t timer_enabled : 1;
+
+      // Timer register
+      uint8_t countdown_period : 8;
+
+    } reg;
+    mutable uint8_t raw[sizeof(reg)];
+  } pcf8563_;
+};
+
+template<typename... Ts> class WriteAction : public Action<Ts...>, public Parented<PCF8563Component> {
+ public:
+  void play(Ts... x) override { this->parent_->write_time(); }
+};
+
+template<typename... Ts> class ReadAction : public Action<Ts...>, public Parented<PCF8563Component> {
+ public:
+  void play(Ts... x) override { this->parent_->read_time(); }
+};
+}  // namespace pcf8563
+}  // namespace esphome
diff --git a/esphome/components/pcf8563/time.py b/esphome/components/pcf8563/time.py
new file mode 100644
index 0000000000..2e6456a72d
--- /dev/null
+++ b/esphome/components/pcf8563/time.py
@@ -0,0 +1,62 @@
+import esphome.config_validation as cv
+import esphome.codegen as cg
+from esphome import automation
+from esphome.components import i2c, time
+from esphome.const import CONF_ID
+
+CODEOWNERS = ["@KoenBreeman"]
+
+DEPENDENCIES = ["i2c"]
+
+
+pcf8563_ns = cg.esphome_ns.namespace("pcf8563")
+pcf8563Component = pcf8563_ns.class_(
+    "PCF8563Component", time.RealTimeClock, i2c.I2CDevice
+)
+WriteAction = pcf8563_ns.class_("WriteAction", automation.Action)
+ReadAction = pcf8563_ns.class_("ReadAction", automation.Action)
+
+
+CONFIG_SCHEMA = time.TIME_SCHEMA.extend(
+    {
+        cv.GenerateID(): cv.declare_id(pcf8563Component),
+    }
+).extend(i2c.i2c_device_schema(0xA3))
+
+
+@automation.register_action(
+    "pcf8563.write_time",
+    WriteAction,
+    automation.maybe_simple_id(
+        {
+            cv.GenerateID(): cv.use_id(pcf8563Component),
+        }
+    ),
+)
+async def pcf8563_write_time_to_code(config, action_id, template_arg, args):
+    var = cg.new_Pvariable(action_id, template_arg)
+    await cg.register_parented(var, config[CONF_ID])
+    return var
+
+
+@automation.register_action(
+    "pcf8563.read_time",
+    ReadAction,
+    automation.maybe_simple_id(
+        {
+            cv.GenerateID(): cv.use_id(pcf8563Component),
+        }
+    ),
+)
+async def pcf8563_read_time_to_code(config, action_id, template_arg, args):
+    var = cg.new_Pvariable(action_id, template_arg)
+    await cg.register_parented(var, config[CONF_ID])
+    return var
+
+
+async def to_code(config):
+    var = cg.new_Pvariable(config[CONF_ID])
+
+    await cg.register_component(var, config)
+    await i2c.register_i2c_device(var, config)
+    await time.register_time(var, config)
diff --git a/tests/test5.yaml b/tests/test5.yaml
index cb4b559b06..a2530d799a 100644
--- a/tests/test5.yaml
+++ b/tests/test5.yaml
@@ -590,6 +590,7 @@ display:
 
 time:
   - platform: pcf85063
+  - platform: pcf8563
 
 text_sensor:
   - platform: ezo_pmp