Payroll

Payroll

Outsourcing your payroll to us, will allow you to focus on your core business. Our payroll team using the latest software tools, will handle all necessary work and compliance needed by undertaking the entire payroll function in a confidential and efficient manner.

 

Our payroll team is able to handle payroll for local and international companies with assignees stationed in Cyprus. All relevant statutory requirements will be satisfied, including tax and social security deductions.

 

In cooperation with our tax department we are able to offer personal and corporate tax compliance both for the individual employees as well as the employing company.

 

 

We will specifically arrange for the following:

 

  • Registration of the company (as an employer) to the authorities.
  • Collect and process employees’ data.
  • Calculation of Social Insurance Contributions payable by the company and the employees.
  • Preparing tax returns and all other relevant forms for payments of monthly deductions.
  • Advising on regulations and guidelines affecting expatriate employees.
  • Calculation of individual income tax payable based on gross emoluments received.
  • Advising on employment contracts and employment law issues.
  • Issuing of payslips.

Recent News

Luxembourg and Cyprus start negotiations on an a double taxation agreement

27-10-2011

Recently, Finance Minister Luc Frieden of Luxembourg visited Cyprus on an official visit at the invitation of his Cypriot counterpart Charilaos Stavrakis, focusing on strengthening financial cooperation through future double taxation agreements. ...

Read more

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