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


AUGUST ICAS Newsletter Issue 29/2019
The European Banking Authority ("EBA") published an opinion on the implementation of the Deposit Guarantee Schemes Directive ("DGSD") in the...
12 August 2019
AUGUST ICAS Newsletter Issue 28/2019
The European Banking Authority ("EBA") launched a public consultation on draft Guidelines ("GLs") on the determination of the weighted average maturity...
05 August 2019
JULY ICAS Newsletter Issue 27/2019
The European Banking Authority ("EBA") published an updated list of Common Equity Tier 1 ("CET1") instruments of EU institutions.
29 July 2019
JULY ICAS Newsletter Issue 26/2019
The European Banking Authority ("EBA") published the findings of its analysis on the regulatory framework applicable to FinTech firms when accessing...
22 July 2019
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