Hire and pay employees in Cyprus, hassle-free
With Deel, your business can easily hire employees in Cyprus. No more worrying about local laws, complex tax systems, or managing international payroll. Deel takes care of everything in 150+ countries. The average onboarding time frame in the Cyprus is 3 days with Deel.
Onboard, pay and manage employees in Cyprus with Deel
Usually, to hire in Cyprus, your business needs an entity. That means a local office, an address registered as a subsidiary, and an account with a local bank. All of this, plus navigating regional benefits, payroll, tax, and HR laws, can take months.
Now you can hire employees in Cyprus quickly, easily, and compliantly. Automate tax document collection, payroll, benefits, and more. For your existing direct employees, we can manage your entire payroll operation from end-to-end.
Currency EUR
Capital Nicosia
Official language Greek
Payroll cycle Monthly
All the necessary benefits for Cyprus built right in
Deel allows you to provide localized benefits for employees in Cyprus within minutes. All in one manageable online dashboard in a single HR platform.
- Employers Liability Insurance
- Public Health Insurance
- Redundancy Fund
- Social Security
- Private Healthcare - Unisure (optional)
- Private Healthcare - Allianz (optional)
- Global Life Insurance - Allianz
Our quickstart guide to hiring in Cyprus
Navigate the tabs below to learn everything you need to know about hiring an employee in Cyprus
Minimum Wage Requirements
The minimum wage is EUR 1000 per month. However, during the first six months of employment, it can be EUR 900.
Individual Income Tax
The individual income tax ranges from 0% to 35%. Income tax is calculated according to progressive rates. Multiple additional factors may impact overall rates such as the household status and the number of children.
| Gross Annual Income | Tax Rate (%) |
|---|---|
| Up to EUR 19,500 | 0% |
| Up to EUR 28,000 | 20% |
| Up to EUR 36,300 | 25% |
| Up to EUR 60,000 | 30% |
| Over EUR 60,000 | 35% |
Payroll Cost
The employer cost is generally estimated at 15.40% of the employee salary.
- Social Security - 8.80%*
- Social Cohesion fund - 2%
- Human resources - 0.5%*
- Redundancy fund - 1.2%*
- General Health care system - 2.9%**
*Up maximum salary for the contribution of EUR 5,551 **Up maximum salary for the contribution of EUR EUR 15,000
These costs are provided as estimates and are intended solely for general informational purposes. To fully comprehend all associated costs and fees related to the terms of any employment agreement for this country, please contact our Sales team for a quote.
Overtime Pay & Maximum Hours
Standard working hours are 8 hours per day, 40 hours per week. The standard workweek is from Monday to Friday.
Employees working in the retail and sales industries can have a standard 8 hours per day, 48 hours per week from Monday to Saturday.
Download the complete guide to hiring in Cyprus
Hiring in Cyprus, hassle-free
With Deel, your business can easily hire employees in Cyprus with our EOR solution. If you have an entity, our Global Payroll solution takes care of payroll and compliance for your direct employees. Our 250+ in-house experts handle everything from managing local laws, complex tax systems, or your payroll in Cyprus and 150+ countries.
Management fee
Starting at
$599
/month
Estimated Employer Cost
15.4%
of employee salary