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