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Country hiring guide

Hiring in Cyprus 🇨🇾

Small workforce growing in shipping, tourism, financial services and tech; widespread English. Employer on-costs run ~15.4% on top of gross salary. Here is what to know before your first Cyprus hire.

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OverviewFacts & statsEmployer costsLeaveTermination
Capital cityNicosia
CurrencyEuro (EUR)
LanguagesGreek & Turkish (official); English widely used in business
Population~0.9 million
Payroll frequencyMonthly; 13th salary customary, not statutory
VAT standard rate19% (VAT)
Employer burden*~15.4% of gross
TGTC flat EOR fee$499/mo · Tier B
Overview

Employing in Cyprus

Employment in Cyprus runs under its national labour code, which sets the floor for wages, working hours, leave, and notice. Here are the essentials before you make an offer.

Minimum wage

  • EUR 1,000/month gross
  • EUR 900 during first 6 months

Payroll cycle & extra pay

  • Monthly payment
  • 13th salary widely paid but not statutory

Public holidays

  • About 15 public holidays per year*

Onboarding & probation

  • Written terms required
  • Probation typically 6 months (up to 104 weeks)
Employer costs

What you pay on top of salary

Employer on-costs in Cyprus run ~15.4% of gross salary. Employer costs total ~15.4%: social insurance, GHS, cohesion, redundancy and training funds.

Employer contribution*Rate
Social insurance (employer)8.8%
General Health System (GHS/GESY)2.9%
Social cohesion fund2.0%
Redundancy fund1.2%
Industrial training (HRDA)0.5%

Passed through at cost

These statutory costs are paid at cost on top of TGTC's flat $499/mo fee, so you always see the real employer cost, not a marked-up percentage.

Employee-side taxes

Employees pay their own income tax and social-security share, withheld at source. Under an EOR, TGTC runs that payroll withholding for you.

Types of leave

Statutory leave in Cyprus

Annual leave

  • 4 weeks (20 days; 24 for 6-day week)

Maternity & parental leave

  • Maternity 22 weeks (since 2024)
  • Paternity 2 weeks; parental leave 18 weeks unpaid

Sick leave

  • First 3 days waiting; social insurance benefit from day 4
  • Employer top-up varies by contract

Other leave

  • Paternity 2 weeks
Employment termination

Ending employment in Cyprus

Notice

  • 1-8 weeks by tenure (from 26 weeks service)

Severance

  • Redundancy payment via Redundancy Fund
  • 2-3.5 weeks' pay per year of service

Probation

  • 6 months typical; up to 104 weeks by agreement

Contractor risk

  • Misclassification challenged by authorities

*All figures are estimates from public sources (2025-26), pending ops verification - same basis as the EOR cost calculator. Not tax or legal advice.

Hire in Cyprus without setting up an entity

TGTC employs your hire in Cyprus on a compliant local contract, runs payroll and benefits, and passes statutory costs through at cost. One invoice, flat $499 per month.

Get a Cyprus quote