What you need to know for employing in Cyprus

Omnipresent makes it fast and easy to employ remote talent in Cyprus. We take care of payroll, compliance, taxes, and admin so you can focus on growing your business.

Cyprus

€ EUR

COUNTRY BREAKDOWN
Captial City
Nicosia
Language
Greek, Turkish
Payroll Frequency
Monthly
Employment Costs
Population
1207361

Country Specific Facts

Everything you need to know about hiring in Germany.

Country Facts

Currency

Euro

EMPLOYER COSTS

ONBOARDING TIMELINE

Benefits & Leave

LANGUAGE(S)

Greek, Turkish

TERMINATION

PAYROLL FREQUENCY

Monthly

EOR Maximum Engagement

EOR MAXIMUM ENGAGEMENT

18 Months

*Germany restricts contract length under the Employer of Record model to 18 months. After this period we can enable you to move employees to the VEO model. More information in the Employment Contracts section.

Essential Employment Facts

Comprehensive information about employment in Germany

How it works

How does Omnipresent Global Employment Solutions work in Cyprus?

Cyprus’s strong financial sector and skilled workforce are attractive, but its employment regulations can be complex. Omnipresent, as your Employer of Record (EOR), ensures compliance with Cypriot labor laws without requiring a local entity.

Our EOR services cover payroll, tax obligations, and benefits like 21 days of leave, allowing you to focus on growing your team in Nicosia or Limassol. We provide a tech-driven, efficient solution for Cyprus’s labor market.

  • Fast, compliant onboarding.
  • Payroll in EUR, locally aligned.
  • Guidance on employment norms.
  • Scalable hiring support.
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Employer Costs

Employer Costs in Cyprus

Employer costs include Social Insurance, the GESY Fund, and the Redundancy Fund. Use the OmniCalculator to estimate costs or contact us for further information.

Employee Income Taxes

Employee Income Taxes in Cyprus

Employer costs include Social Insurance, the GESY Fund, and the Redundancy Fund. Use the OmniCalculator to estimate costs or contact us for further information.

The rate of personal taxation varies depending on the income tax bracket the individual belongs to. This ranges between 0% - 35%.

OP TIC number - 10431642D

Expenses are non-taxable payments added to payslips. The 'basic salary' shows the total monthly salary.

Employee Social Contributions

Employee Social Contributions in Cyprus

Employee contributions include Social Insurance Contributions and the GESY Fund.

Working Hours

Working Hours in Cyprus

Weekly working hours including overtime for 5 days/week must be limited to 48 hours.

Holidays

Holidays & Vacation in Cyprus

Please note that the below information covers national holidays and should be used for informative purposes only and not as a guarantee for payroll purposes. While we strive to offer you accurate information, public holidays are subject to frequent changes and can be dependent on regional differences. Should you need more detailed information on public holidays, please consult the government pages of the state and/or the local municipality of your employee.

  • Wednesday, Jan 01, 2025 - New Year's Day (Πρωτοχρονιά)
  • Monday, Jan 06, 2025 - Epiphany (Θεοφάνεια)
  • Tuesday, Mar 04, 2025 - Clean Monday (Καθαρά Δευτέρα)
  • Tuesday, Mar 25, 2025 - Annunciation, Anniversary of 1821 Revolution (Ευαγγελισμός, Εθνική Εορτή)
  • Tuesday, Apr 01, 2025 - Cyprus National Day (Κύπρος Εθνική Εορτή)
  • Friday, Apr 18, 2025 - Good Friday (Μεγάλη Παρασκευή)
  • Sunday, Apr 20, 2025 - Easter Sunday (Πάσχα)
  • Monday, Apr 21, 2025 - Easter Monday (Δευτέρα του Πάσχα)
  • Thursday, May 01, 2025 - Labour Day (Εργατική Πρωτομαγιά)
  • Sunday, Jun 08, 2025 - Pentecost (Πεντηκοστή)
  • Friday, Aug 15, 2025 - Assumption (Κοίμηση της Θεοτόκου)
  • Wednesday, Oct 01, 2025 - Cyprus Independence Day (Ημέρα της Ανεξαρτησίας Κύπρος)
  • Tuesday, Oct 28, 2025 - National Holiday (Επέτειος του Όχι)
  • Thursday, Dec 25, 2025 - Christmas Day (Χριστούγεννα)
  • Friday, Dec 26, 2025 - Boxing Day (Δεύτερη μέρα των Χριστουγέννων)
Sick leave

Sick Leave Entitlement in Cyprus

No legal obligation to paid sick leave for the employer. Employees can be entitled to a statutory sick leave from Social Insurance.

Parental leave

Parental Leave in Cyprus

Maternity: 26 consecutive weeks, 11 are compulsory, 2 before and 9 after birth.

Paternity: 2 consecutive days.

Parental: Mother and father with 6 months continuous service entitled to up to 18 weeks unpaid parental leave for childbirth or adoption.

Annual Leave Entitlement

Annual Leave Entitlement in Cyprus

Minimum of 20 days paid leave for a 5 days/week and 24 days for a 6 days/week of full time employment.

Severance pay entitlement

Severance Pay Entitlement in Cyprus

Severance pay for unlawful termination and/or for continuous employment.

Termination

Termination in Cyprus

After the probation period, the termination needs to have a cause to be lawful.

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