Remote’s guide to employing inCyprus
Cyprus![cyprus flag](https://remote-website.remote.com/flags/cyprus.svg)
Make employment in Cyprus easy. Let us handle payroll, benefits, taxes, compliance, and even stock options for your team in Cyprus, all in one easy-to-use platform.
Services available in this country:
Employer of Record ProductContractor ManagementPayroll
- Capital City
Nicosia
- Currency
Euro (€, EUR)
- Languages
Greek and Turkish
- Population size
1,189,265
Services available in this country:
Employer of Record ProductContractor ManagementPayroll
![A blue sky.](https://images.ctfassets.net/dlbjkw4rng8s/1OdSQzIwZuKrXeL57vNJiH/b23e7f023358ecc73b3f3b7a2305263a/https___images.prismic.io_all-remote-content_bf3e5f34-f683-4e1b-9af3-740b2d2c784d_cyprus.jpg?fm=webp&w=3840&q=75)
Taxes in Cyprus
Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Cyprus.
12.5% | Corporate tax rate |
8.3% | Social insurance |
2% | Social cohesion |
1.2% | Redundancy |
0.5% | Training & development |
2.9% | National health system |
8% | Holiday fund |