Payroll

Your Payroll, Perfectly Managed from Start to Finish

We turn payroll into a seamless process. From monthly calculations and statutory filings to employee payslips and year-end summaries, our services save you time, reduce risk, and ensure your business meets all regulatory requirements.

Payroll Tailored to Your Business

Unlock the potential of your business with streamlined and hassle-free payroll management. Effective payroll management is crucial for the smooth operation of any business.

Many companies opt to outsource their payroll responsibilities to accounting firms due to the benefits of cost-effectiveness, accuracy, timeliness, and confidentiality.

We have extensive experience across a broad range of industries

With a strong focus on technology-driven and regulated sectors, including:

Banking & Investment Banking

Financial Services Firms

Manufacturing Companies

Technology Companies

Oil & Gas Companies

Shipping Companies

Gaming Companies

Electronic Money Institution (EMIs)

Preparation of the payroll on a monthly basis using a dedicated software system, ensuring compliance with Cyprus employment and labour laws.

Timely submission of all relevant payments (e.g., Social Insurance, Income Taxes, National Health System Tax) to the authorities.

Preparation and arrangement of bank instructions for the payment of your employees' monthly salary.

Dispatch of payslips and relevant reports to the appropriate recipients.

Registration of your employees with the Tax Authorities to obtain Tax Identification Codes (TIC), where applicable.

Timely preparation and submission of annual tax returns, including the Employer's return (T.D.7 form) and employee's certificate of emoluments (T.D.63 form).

Registration of your company as an employer with the Social Insurance Authorities.

Registration and Deregistration of your employees with the Social Insurance Authorities.

Relevant accounting entries for each monthly payroll report.

Reconciliation between the payroll reports and the accounting records of your company.

Maintenance of vacation and sick leave information.

Get in touch

Marios A. Cosma

Managing Partner

Andreas Vladimirou

Executive Director

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Your Payroll, Perfectly Managed from Start to Finish

Payroll Tailored to Your Business