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Changes in Employment Contributions for 2024
01/12/2023

As from 1 January 2024, the Social Insurance Contribution rates for each of the employer and the employee are increased by 0,5% and for self-employed individuals by 1%.

Earnings Threshold for Employment Contribution Purposes for 2023
09/01/2023

The earnings cap for Social Insurance purposes for 2023 has increased to €60,060 per annum (2022: €58,080 per annum).
It is reminded that the contributions an employer is required to make...

Electronic Submissions and Payment of Overdues to Social Insurance Department
04/10/2022

The Cyprus Ministry of Labour and Social Insurance has recently announced the following in relation to electronic submissions and payments...

Third Country Nationals Relocating to Cyprus – New Options
08/06/2022

The Council of Ministers of the Republic of Cyprus recently approved new regulations permitting the issuance of immigration permits for third country nationals in the following cases...

Earnings Threshold for Employment Contribution Purposes for 2022
05/01/2022

The earnings cap for Social Insurance purposes for 2022 has increased to €58,080 per annum (2021: €57,408 per annum).

Changes to Employment and Social Insurance Regulations
07/09/2021

The Cyprus Ministry of Labour, Welfare and Social Insurance has recently announced that on 13 September 2021, the Social Insurance...

Release of Updated Publications Following Important Changes to Cyprus Permanent Residence Permit Programme
19/05/2021

Following the very beneficial amendments introduced to the Cyprus Permanent Residence Permit Programme, we have updated our publications covering, among others, the said changes.

Increase in Earnings Cap for Employment Contribution Purposes
23/12/2020

The earnings cap for Social Insurance purposes for 2021 will increase to €57,408 per annum (2020: €54,864 per annum). It is reminded...

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