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$249/month
$49/month
2% of gross salary / month
Horizons ensures day-to-day guidance to help your business navigate Cyprus labor laws and regulations. Horizons also ensures payroll is processed weekly or fortnightly (the standard periods in Cyprus ), and that taxes are withheld as required. As the Cyprus Employer of Record, Horizons is responsible for employee income tax withholding, payment of payroll taxes to state authorities, and submission of tax returns to the Cyprus Tax Office. Partnering with our Cyprus EOR is the quickest and most cost-effective way to enter the Cyprus market.
Note, a Cyprus Employer of Record is also known as a Cyprus Professional Employer Organization (PEO).
Hire in Cyprus, and pay employees through our platform or app.
Our Cyprus EOR solution is the most affordable on the market.
Fast onboarding in Cyprus, hire in as little as 24 hours.
We draft labor contracts compliant with Cyprus labor law.
We administer all mandatory benefits and contributions in Cyprus.
It doesn’t stop with Cyprus — we are an international EOR
6 months – 2 years (max.)
1 week notice: 26 – 51 weeks’ employment
2 weeks notice: 52 – 103 weeks’ employment
3 weeks notice: 104 – 155 weeks’ employment
4 weeks notice: 156 – 207 weeks’ employment
5 weeks notice: 156 – 207 weeks’ employment
6 weeks notice: 208 – 259 weeks’ employment
7 weeks notice: 260 – 311 weeks’ employment
8 weeks notice: 312+ weeks’ employment
2 weeks’ salary per year of service for first 4 years of service
2.5 weeks’ salary per year for years 5 – 10
3 weeks’ salary per year for years 11 – 15
3.5 weeks’ salary per year for years 16 – 20
4 weeks’ salary per year for years 20+
6 months – 2 years (max.)
1 week notice: 26 – 51 weeks’ employment
2 weeks notice: 52 – 103 weeks’ employment
3 weeks notice: 104 – 155 weeks’ employment
4 weeks notice: 156 – 207 weeks’ employment
5 weeks notice: 156 – 207 weeks’ employment
6 weeks notice: 208 – 259 weeks’ employment
7 weeks notice: 260 – 311 weeks’ employment
8 weeks notice: 312+ weeks’ employment
2 weeks’ salary per year of service for first 4 years of service
2.5 weeks’ salary per year for years 5 – 10
3 weeks’ salary per year for years 11 – 15
3.5 weeks’ salary per year for years 16 – 20
4 weeks’ salary per year for years 20+
Cyprus has a range of national public holidays that are celebrated annually. In 2025 these holidays are:
| Date | Holiday name |
|---|---|
| 1 Jan Wednesday | New Year’s Day |
| 6 Jan Monday | Epiphany |
| 3 Mar Monday | Green Monday/Clean Monday |
| 25 Mar Tuesday | Greek Independence Day |
| 1 Apr Tuesday | Cyprus National Holiday |
| 18 Apr Friday | Good Friday (Orthodox) |
| 19 Apr Saturday | Holy Saturday (Orthodox) |
| 20 Apr Sunday | Easter Sunday (Orthodox) |
| 21 Apr Monday | Easter Monday (Orthodox) |
| 22 Apr Tuesday | Easter Tuesday (Orthodox) |
| 1 May Thursday | Labour Day/May Day |
| 9 June Monday | Whit Monday |
| 15 Aug Friday | Assumption Day (Dormition of the Virgin Mary) |
| 1 Oct Wednesday | Cyprus Independence Day |
| 28 Oct Tuesday | Ohi Day |
| 25 Dec Thursday | Christmas Day |
| 26 Dec Friday | Boxing Day |
Employees in Cyprus are entitled to 18 weeks of paid maternity leave, which must begin two weeks before the birth. Payments are covered by a maternity grant.
Either parent can take a further 18 weeks of unpaid parental leave if they wish.
The mandatory minimum notice periods of termination depend on the employee’s length of service with their employer. For between six and 12 months of service, the notice period is one week. This entitlement gradually rises up to eight weeks of notice after six years of service.
Severance payments also vary depending on the employee’s length of service. For up to four years of service, the payment is two weeks of pay. This increases up to four weeks of pay for employees with over 20 years of service.
Standard probation periods are limited to six months, but may be as long as two years if agreed upon by the employer and employee.
Employers and employees must make various mandatory contributions. Both must pay 7.8% to social insurance. Additionally, employers must pay 0.5% to the Industrial Training Fund 2% to the Social Cohesion Fund, 1.2% to the Redundancy Fund.
Income tax in Cyprus is progressive, ranging from 0% to 35% depending on income level.
Corporate tax in Cyprus is 12.5%.
Setting up a system of employee benefits for your employees in Cyprus can be difficult. The complex regulations and organization can require a lot of time, effort, and investment on the part of employers.
At Horizons, we specialize in establishing and running Cypriot employee benefits systems. We’ll handle everything, using our experience to ensure you are ready to commence operations in Cyprus quickly and efficiently.
Hire borderless talent with Horizons
With Horizons, you get quick service, transparent pricing, and expert support.
Generally speaking, the terms “Cyprus PEO” and “Cyprus EOR” are used interchangeably.
In most cases, Horizons’ Cyprus EOR can hire & onboard your employee within 24 hours. The actual start date of the employee will depend on their notice period obligation to their previous employer as well as any relevant hiring rules in Cyprus.
It is possible to get a work visa in Cyprus. Horizons’ Global Mobility team is a dedicated team of work visa experts. They assess the details of each case to determine feasibility and costs before Horizons applies for the work visa on behalf of your employee. If the Global Mobility team determines that your case is feasible, the process is smooth and transparent. Visa spots in Cyprus are limited, however—get started today to secure your employees’ visa spot.
Holiday Schedule in Cyprus [2025]
