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Accounting & Finance

  • Comprehensive Payroll & HR Solutions for Businesses in Cyprus & Beyond

    • November 14, 2025
    • Posted by: Office
    • Category: Accounting & Finance, company, Immigration, News, payroll
    No Comments
    How can Accurate Bookkeeping and Payroll Drive Business Growth in Cyprus

    Discover the most common accounting and payroll mistakes made by SMEs in Cyprus and learn how to avoid them. FCI SERVICES LTD offers expert guidance and tailored solutions to help your business stay compliant and grow with confidence.

    read more

  • Ολοκληρωμένες Λύσεις Μισθοδοσίας & Ανθρώπινου Δυναμικού για Επιχειρήσεις στην Κύπρο & Διεθνώς

    • November 14, 2025
    • Posted by: Office
    • Category: Accounting & Finance, company, Immigration, News, payroll
    No Comments
    How can Accurate Bookkeeping and Payroll Drive Business Growth in Cyprus

    Discover the most common accounting and payroll mistakes made by SMEs in Cyprus and learn how to avoid them. FCI SERVICES LTD offers expert guidance and tailored solutions to help your business stay compliant and grow with confidence.

    read more

  • How can Accurate Bookkeeping and Payroll Drive Business Growth in Cyprus

    • October 9, 2025
    • Posted by: Office
    • Category: Accounting & Finance, company, News, payroll
    No Comments
    How can Accurate Bookkeeping and Payroll Drive Business Growth in Cyprus

    Discover the most common accounting and payroll mistakes made by SMEs in Cyprus and learn how to avoid them. FCI SERVICES LTD offers expert guidance and tailored solutions to help your business stay compliant and grow with confidence.

    read more

  • Accounting and Payroll Mistakes SMEs Make and How to Avoid Them

    • October 9, 2025
    • Posted by: Office
    • Category: Accounting & Finance, company, News, payroll
    No Comments

    Discover the most common accounting and payroll mistakes made by SMEs in Cyprus and learn how to avoid them. FCI SERVICES LTD offers expert guidance and tailored solutions to help your business stay compliant and grow with confidence.

    read more

  • Cyprus Announces New Tax Incentives to Attract Returning Expatriates

    • April 26, 2025
    • Posted by: admin
    • Category: Accounting & Finance, company, Immigration, News, payroll, Taxation
    No Comments

    Cyprus has introduced new tax incentives designed to attract expatriates back to the island and strengthen its position as a premier business and financial hub. These measures provide generous expatriate tax benefits, including significant income tax exemptions for individuals who choose to relocate to Cyprus. The Key Measures include: The new framework offers reduced taxation

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  • Extension of the Deadline for Employer Obligations in ERGANI by 31 Μay 2025

    • March 4, 2025
    • Posted by: Office
    • Category: Accounting & Finance, company, News, payroll
    No Comments

    We would like to inform you that, according to a Decree issued by the Minister of Labour and Social Insurance on 28/02/2025, the deadline for the mandatory registration of essential terms of employment for all employees in the ERGANI information system has been extended until 31/05/2025. Additionally, please note that the obligation includes the submission

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  • Annual Statutory Obligations for Cyprus Entities 2024

    • April 21, 2024
    • Posted by: admin
    • Category: Accounting & Finance, News, Taxation
    No Comments

    Annual Statutory Obligations for Cyprus Entities 2024 Cyprus Companies, Partnerships, Self Employed & Cyprus Branches of Foreign Companies Every Month Book-keeping records are required to be maintained on monthly basis. If Entity is an Employer Payment of tax deducted from employees of the previous month (PAYE). Payment of social insurance and related funds withheld from employees

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  • Cyprus tax resident, non-domiciled

    • April 21, 2024
    • Posted by: Panos
    • Category: Accounting & Finance, Taxation
    No Comments

    International, tax exemptions on worldwide income The introduction of the non-domiciled (non-dom) tax resident status in the Cyprus tax system gives additional incentives to high-net-individuals to relocate to Cyprus or to continue carrying out their business operations or investment from the Republic of Cyprus. The non-domiciled status provides tremendous opportunities to businessmen that want to

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  • Updates of Protection of Wages Law

    • November 12, 2023
    • Posted by: Office
    • Category: News, payroll
    No Comments

    The Protection of Wages Law of 2007 (the “Law”), as amended in 2022, which is in force as of April 16, 2023, covers the following areas: It defines the permissible methods of payment of salaries, and the obligation to issue a certificate of remuneration (payslips) and It enhances transparency and predictability of conditions of employment.

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  • Social Insurance and National Health contributions for 2023

    • May 26, 2023
    • Posted by: admin
    • Category: Accounting & Finance, Taxation
    No Comments
    Cyprus Social Insurance Contributions 2023

      Social Insurance Contributions for 2023 The Social Insurance Contributions for 2023 are summarized below: Contributions Employee Employer Self-Employed Social Insurance 8,30% 8,30% 14,60% Social Cohesion Fund 2,00% Redundancy Fund 1,20% Industrial Training Fund 0,50% Holiday Fund (if not exempt) 8,00% TOTAL 8.30% 20.00% 1460% The Social Insurance Office lays down yearly the maximum amount

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