Payroll Services


Payroll services are provided to companies which employ staff in Cyprus and abroad. The services are available for Cyprus and International Business Companies.

Services offered include:

Preparation of payroll.

Preparation of monthly income tax returns.

Preparation of employment contracts.

Liaison with local tax authorities.

Arrangements for the issue of tax certificates.

Administration of payments to the Income tax and social insurance authorities.

Administration of the payments of salaries to employees' bank accounts.

Other payroll related tasks.

Social Insurance Services:

Assistance in registering and de-registering employers and employees, including expatriates with the Social Insurance Department.

Assistance with performing the payments of the Social Insurance Contributions for employers, employees and self employed individuals.

Obtaining a tax clearance certificate from the Social Insurance Department for expatriate employees for the purposes of renewal of their work permit.

Publications


OCTOBER ICAS Newsletter - Issue 92/2020
The Cyprus Securities and Exchange Commission ("CySEC") has proceeded (through on-site inspections) to evaluate the policies/procedures established and implemented by...
23 October 2020
OCTOBER ICAS Newsletter - Issue 91/2020
The European Banking Authority ("EBA") published its final draft Regulatory Technical Standards ("RTS") specifying the prudential treatment of software assets. ...
23 October 2020
OCTOBER ICAS Newsletter - Issue 90/2020
The European Securities and Markets Authority ("ESMA"), the EU’s securities markets regulator, has updated its public register with the latest...
23 October 2020
OCTOBER ICAS Newsletter - Issue 89/2020
The present Circular is issued pursuant to section 25(1)(c)(ii) & (iii) of the Cyprus Securities and Exchange Commission Law ("the...
23 October 2020
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