Employer of Record in Cyprus

What it costs and what the law requires to employ someone in Cyprus through an EOR, with every figure cited to a primary source.

Best fits

Best EOR providers for one employee in Cyprus

Ranked the way Get matched ranks a hire: employing through its own entity in Cyprus, a lower published fee and no deposit, each read from the provider's own pages. A provider whose referral program pays us carries a labeled referral boost, and the few providers we do not work with are listed below, never among these three.

Set team size or visa need, and get quotesStill looking for the person? Ask for candidates tooHow referral programs affect ranking

Hiring demand

Remote jobs open only to people in Cyprus

Companies hiring remotely for a role that must be based in Cyprus need someone employed there. Without an entity of their own in Cyprus, an employer of record is how they do it.

Companies hiring full-time
43↗
Contract roles
14↗

Cyprus ranks #48 of 177 countries↗ for full-time remote jobs open only to its residents. Most hired fields: Developer, Product, Customer Service.

Counted daily from job postings on Himalayas, a remote job board: a job counts for a country when it accepts applicants based only there. Counting began Oct 29, 2026; a job posted before then counts if it was still open that day. Last updated Nov 11, 2026.

Cost of employment

What an employer pays in Cyprus

The statutory employer contributions that sit on top of gross salary, each cited.

Employer pension / social security
Social insurance 8.8%↗
Employer health / medical
GHS/GESY national health 2.9%↗
Employer unemployment insurance
Redundancy fund 1.2%↗

Rates are the statutory employer contributions; the total employer burden in Cyprus is ~15.4%: social insurance 8.8% + GHS/GESY 2.9% + social cohesion fund 2.0% + redundancy fund 1.2% + training development fund 0.5% (excludes 8% holiday fund, from which most employers are exempt)↗. Confirm the current rates for your case before hiring. Compare employer costs in every country. Compare employer pension contributions in every country.

Total cost

What an EOR really costs in Cyprus

The full cost to employ combines gross salary, the statutory employer burden, and the EOR provider's own service fee.

The total cost to employ someone in Cyprus through an EOR is their gross salary, plus ~15.4%: social insurance 8.8% + GHS/GESY 2.9% + social cohesion fund 2.0% + redundancy fund 1.2% + training development fund 0.5% (excludes 8% holiday fund, from which most employers are exempt)↗ in mandatory employer contributions, plus a per-employee service fee from the provider. Across the 56 of 93 providers that publish a fee, the median is $349/employee/month (from $99 to $740); the rest quote per country.

Flat-rate illustration at a $100,000↗ salary
Gross salary
$100,000↗
Employer statutory contributions (~15.4%↗)
$15,400
EOR service fee (median $349/mo)
$4,188
Illustrative annual budget
$119,588

This illustration applies the representative rate to the full salary. It does not apply contribution caps, local-currency thresholds or employee eligibility rules, so it is not a payroll quote. Actual cost depends on the salary, the provider, and country-specific quotes; some countries also add mandatory items such as 13th-month pay or severance accruals. Run your own numbers in the calculator.

Providers

EOR providers that employ in Cyprus

Each provider below names Cyprus on its own website as a country where it offers Employer of Record. Cheapest published starting fee first.

32 providers name Cyprus on their own websites as a country where they offer EOR. Published starting fees among them run from $99 /mo↗ (Native Teams) to $699 /mo↗ (Oyster HR and Safeguard Global); 6 quote Cyprus on request. 1 of them says it employs here through its own entity.

Not sure which one fits? We rank these providers for your team size and visa needs, and get you quotes from the ones you pick.

Get matched

Before you sign with one of them: the questions worth asking each provider. Already employing someone in Cyprus through an employer of record? Check what you pay against these fees.

A listing is the provider's own statement that it can employ in Cyprus, read on its site on Nov 9, 2026. Fees are each provider's cheapest published rate, not a quote for Cyprus. We read the country lists and country pages of all 93 providers we track; 78 name the countries they serve, and a provider that does not name Cyprus on its own site is not shown here, even where it may serve it. Confirm availability for your role and contract type before signing.

Employment law

Statutory rules in Cyprus

The employment terms an employer must meet, each linked to the source that states it.

Paying someone in Cyprus as a contractor instead? The law looks at how the work runs, not at what the contract calls it. Check whether the role is employment.

Hiring

How to hire in Cyprus

Two ways to put someone on payroll here.

Use an employer of record

An EOR already has an entity in Cyprus and employs your worker on your behalf, handling payroll, tax and the statutory terms above. Fastest way to hire without incorporating.

Compare EOR providers
Economy

Cyprus at a glance

World Bank indicators (2025) for context on the labour market.

GNI per capita (Atlas method)
$36,110↗
GDP per capita
$41,783↗
GDP (current US$)
$41.2B↗
GDP growth
3.8%↗
Inflation, consumer prices
0.1%↗
Population, total
1.4M↗
Population ages 15-64
69%↗
Urban population
66.7%↗
Labour force, total
770,268↗
Labour force participation rate
67%↗
Female labour participation rate
61.2%↗
Male labour participation rate
72.7%↗
Unemployment rate
4.9%↗
Wage & salaried workers
89.8%↗
Self-employed
10.2%↗
Questions

Hiring in Cyprus: FAQ

How much does it cost to employ someone in Cyprus?

On top of gross salary, mandatory employer contributions in Cyprus run ~15.4%: social insurance 8.8% + GHS/GESY 2.9% + social cohesion fund 2.0% + redundancy fund 1.2% + training development fund 0.5% (excludes 8% holiday fund, from which most employers are exempt)↗, made up of social insurance 8.8%↗; GHS/GESY national health 2.9%↗; redundancy fund 1.2%↗; training development fund (HRDA) 0.5% + social cohesion fund 2.0% = 2.5%↗. An employer of record adds its own per-employee service fee on top; across the 56 of 93 providers that publish a fee, the median is $349 per employee per month.

What does an EOR charge to employ someone in Cyprus?

EOR service fees are billed per employee per month, on top of salary and statutory employer contributions in Cyprus. The contribution basis is ~15.4%: social insurance 8.8% + GHS/GESY 2.9% + social cohesion fund 2.0% + redundancy fund 1.2% + training development fund 0.5% (excludes 8% holiday fund, from which most employers are exempt)↗. Providers rarely publish a Cyprus-specific fee: across the 56 providers on our price board that publish a price, the median is $349 per employee per month (from $99 to $740), and the rest quote per country. Request a quote for Cyprus for an exact figure.

How much paid annual leave is mandatory in Cyprus?

Statutory paid annual leave in Cyprus is 20 days↗.

What is the statutory notice period in Cyprus?

The minimum employer notice period in Cyprus is 1-8 weeks (by tenure)↗.

What is the minimum wage in Cyprus?

The statutory minimum wage in Cyprus is €1,088/month↗.

What is the maximum probation period in Cyprus?

The maximum statutory probation period in Cyprus is Up to 26 weeks (about 6 months); longer only by written agreement at the start, never over 104 weeks↗.

Which EOR providers can employ someone in Cyprus?

32 of the 93 providers we track name Cyprus on their own websites as a country where they offer Employer of Record. By published starting fee: Native Teams from $99 /mo↗, Asanify from $199 /mo↗, Boundless from $199 /mo↗, Gloroots from $199 /mo↗, RemoFirst from $199 /mo↗, and 21 more with a published fee; 6 quote Cyprus on request. Each provider's listing is its own claim, so confirm availability for your role and contract type before signing.

How many companies are hiring remotely in Cyprus?

In the 30↗ days to Nov 11, 2026, 43 companies↗ posted 101↗ full-time remote jobs open only to people based in Cyprus on the Himalayas job board, plus 14↗ contract roles, which ranks Cyprus #48 of 177 countries↗. The most hired fields are Developer, Product, Customer Service. A company hiring this way without its own entity in Cyprus employs through an employer of record.

Do I need a local entity to hire an employee in Cyprus?

No. An employer of record (EOR) already holds a legal entity in Cyprus and can employ your worker there on your behalf, running local payroll, tax and compliance, so you can hire without setting up your own entity. That settles the employment side only: what the person does for your company (signing or negotiating its contracts, running a sales team, working from one place for most of the year) can still make your company taxable in Cyprus as a permanent establishment, whoever employs them.

When a hire abroad makes your company taxable there

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