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


FEBRUARY ICAS Newsletter - Issue 56/2020
The European Insurance and Occupational Pensions Authority ("EIOPA") has published its supervisory convergence plan for 2020. 
17 February 2020
FEBRUARY INDIRECT TAX Newsletter - Issue 01/2020
We would like to bring to your attention that the United Kingdom (UK) as from 01/02/2020, has left the European...
10 February 2020
JANUARY ICAS Newsletter - Issue 55/2020
The European Banking Authority ("EBA") issued a public consultation on revised money laundering and terrorist financing ("ML/TF") risk factors Guidelines...
10 February 2020
JANUARY ICAS Newsletter - Issue 54/2020
With the present Circular, the CySEC wishes to inform the above Regulated Entities ("the Fund Managers") about the Funds Digital Record. ...
03 February 2020
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