Payroll in Cyprus

An employer in Cyprus must register with the Social Insurance Services, as the Registrar of Companies notes. Payroll then covers the monthly cycle: calculating pay, withholding tax and social contributions, issuing payslips and paying the amounts due. A foreign founder who hires a first employee takes on all of it the day the contract starts.

Most small companies outsource this to their accountant. Before you do, ask the firm how it treats directors who are paid fees, employees who live or work abroad, and staff on fixed-term or part-time contracts. Ask for the cut-off date each month and what the fee covers: payslips only, or also the returns to the authorities and the year-end statements. A firm that works in your language and sends clear payslips saves you questions later.

Accountanty lists 189 firms in Cyprus that offer payroll: 135 accounting firms, 46 corporate services providers and 8 law firms. Team size is spread as 151 small, 28 medium and 10 large. 103 firms work in English, 36 in Greek and 34 in Russian. Twelve publish pricing on their profile. Shipping, real estate and funds are the industries named most often. See the Cyprus guide for the wider picture, or compare practices in Nicosia.

Firms offering payroll in Cyprus

EuroAudit

Accounting firm · Medium-sized firm

Nicosia

  • Company formation
  • Accounting and bookkeeping
  • Tax compliance
  • +4 more

Languages: English · Greek

View profile of EuroAudit

AGBS Group

Accounting firm · Boutique firm

Nicosia

  • Company formation
  • Accounting and bookkeeping
  • Tax compliance
  • +6 more

Languages: English · Greek · Russian · French …

View profile of AGBS Group

Epidosis

Accounting firm · Medium-sized firm

Nicosia

  • Company formation
  • Accounting and bookkeeping
  • Tax compliance
  • +4 more

Languages: English · Greek

View profile of Epidosis

165 more firms offering payroll in Cyprus

Frequently asked questions

What do I need to register before my first employee starts?

Register as an employer and arrange payroll before the first pay date. Your firm can handle the registrations and tell you what the employee must supply, such as identity and tax details.

Can payroll be run for staff who work remotely from another country?

Sometimes, but treatment depends on where the person lives and works, and on the contract. Ask the firm to review each case before you hire, and ask whether it needs an adviser in the other country.

Is payroll priced per employee?

Often, with a monthly fee per person or per run and extra charges for starters, leavers and year-end work. Ask each firm to list these charges so quotes can be compared.

Other services in Cyprus

Accountants by city in Cyprus

Setting up a company in Cyprus: the guide and every firm

General information, not legal or tax advice. Rules, rates and fees change: check them with the official sources linked on this page or with a qualified adviser before you act.