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.
Calculation of statutory redundancy pay maternity benefit and sickness allowance.
Assistance with the preparation of employment contracts.
Liaison with local tax authorities.
Preparation and distribution of annual payroll forms (T.D.63) to employees.
Preparation and electronically submission of Employer’s Return (T.D.7) to the Tax Authority.
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.
Assistance in registering as an employer and employee to ERGANI platform.
Assistance in registering and de-registering employers and employees, including expatriates with the Social Insurance and Tax Department.
Assistance with performing the payments of the Social Insurance Contributions and GHS Contributions for employers, employees and self employed individuals.
Obtaining a Social Insurance certificate from the Social Insurance Department for expatriate employees for the purposes of renewal of their work permit.
Obtaining A1 certificate European portable document which certifies the social insurance legislation applicable when you pursue activities in several EU Member States.