Hiring 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.

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 contributions include Social Insurance Contributions and the GESY Fund.

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

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

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.

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 for unlawful termination and/or for continuous employment.

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