Service
Payroll

Payroll services are provided to companies employing staff in Cyprus and abroad. These services cover both Cypriot companies and International Business Companies, ensuring full compliance with local legislation and international payroll requirements. Payroll Services include:
 

• Payroll calculation processed monthly or weekly, based on client preference
• Monthly calculation and payment of social insurance and tax contributions
• Preparation and distribution of payslips following each payroll run
• Salary payments to employees’ personal bank accounts via online banking transfers
• Registration of new employees for income tax and social insurance
• Registration of the company with the Income Tax and Social Insurance authorities
• Assistance with obtaining a Yellow Slip for foreign employees, where required
• Preparation and distribution of annual payroll certificates (IR63) to employees
• Preparation and submission for both monthly and annual employer return (IR7)
• Obtaining tax clearance certificates from the Social Insurance Department for expatriate employees, required for work permit renewals