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 40/2021
The European Banking Authority (EBA) published an updated list of indicators for risk assessment and risk analysis tools, together with...
08 October 2021
September ICAS Newsletter - Issue 39/2021
The European Banking Authority (EBA) published its regular monitoring Report of the full implementation, in 2028, of the final Basel III...
04 October 2021
Renewed European finance strategy and implementation of the action plan on financing sustainable growth, by Cosmas Cosma
The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money...
29 September 2021
September Direct Taxation Newsletter - Issue 17/2021
We would like to inform you that the Minister of Finance has granted a further extension to the deadline for...
27 September 2021
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