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 37/2019
The European Insurance and Occupational Pensions Authority ("EIOPA") published updated technical documentation of the methodology to derive EIOPA's risk-free interest...
08 October 2019
SEPTEMBER ICAS Newsletter Issue 36/2019
The European Banking Authority ("EBA") launched a 2-month public consultation on its proposals for a simple, transparent and standardised ("STS")...
03 October 2019
SEPTEMBER TAX Newsletter - Issue 06/2019
We would like to bring to your attention that the Cyprus Council of Ministers, approved a Scheme for sponsorship to...
27 September 2019
SEPTEMBER ICAS Newsletter Issue 35/2019
On 24 June 2019, the Chairmen of the US Securities and Exchange Commission and the US Commodity Futures Trading Commission,...
27 September 2019
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