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Cyprus × Employment, Payroll & Mobility
Hiring, paying and moving people across borders. In Cyprus, that means local law, local regulators and local practice, handled by a qualified professional who practises there.
On request
No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.
Bring a requirement →Nicosia · Tuesday 3 November
20:54
Local time
What the rules say in Cyprus
From the Cyprus market guide: the points that matter most for employment, payroll & mobility, each with the source it was checked against.
Essentials guide · Source-checked research62% of statements checked against a source10 checked against an official source19 checked against a secondary sourceChecked 2026-10-194 held back until checked against an official source8 topics include AI-written statements, not source-checkedNot yet professionally reviewed
Cyprus introduced a national statutory minimum wage in January 2023; under the decree in force from 1 January 2026 it is EUR 1,088 gross a month after six months of employment and EUR 979 gross before then.
Set by Council of Ministers decree under the Minimum Wage Law (Cap. 183); the 2026 decree replaces the 2023 decrees and applies from 1 January 2026 to 31 December 2027. Exclusions were not confirmed on the page opened.Harris Kyriakides · checked 2026-10-19Employers and employees in Cyprus pay contributions to the Social Insurance Fund and to the General Healthcare System (GESY).
In 2026 the social insurance rate is 8.8% each for employer and employee on earnings up to EUR 68,904 a year; General Healthcare System contributions are 2.9% (employer) and 2.65% (employee), capped at EUR 180,000 a year.PwC Worldwide Tax Summaries · checked 2026-10-19Employees working a five-day week are entitled to at least 20 working days of paid annual leave.
24 working days for a six-day week; public holidays are additional.Zeno Legal · checked 2026-10-19Dismissal and redundancy in Cyprus are governed by the Termination of Employment Law (Law 24/1967); unfair dismissal compensation is capped at two years' wages and statutory redundancy payments are paid by the state Redundancy Fund.
The Redundancy Fund is financed by employer contributions of 1.2% of insurable earnings.Zeno Legal · checked 2026-10-19Cyprus abolished its citizenship-by-investment programme in November 2020.
AI-written, not source-checkedCyprus's Law 6(I)/2022 on the protection of persons who report breaches of Union and national law requires public and private legal entities to establish channels and procedures for internal reporting.
The employee threshold for private-sector entities was not confirmed on the page opened.Ministry of Interior of Cyprus · checked 2026-10-19Read the full guide: Employment, payroll and mobility
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WONE Global Partners in Cyprus
No named lead for Employment, Payroll & Mobility yet — these WONE Global professionals already work in Cyprus and can bring the right local colleague in.
Nicosia · CyprusWONE Global Partner · Cyprus
Experienced finance professional with a proven track record in the finance industry. Expertise includes audit, accounting, financial planning, internal controls, tax planning, company formation, and corporate structurin…
Also in Cyprus
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