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  • Action Plan for Attracting Foreign Companies to Cyprus

    • April 21, 2024
    • Posted by: admin
    • Category: Immigration, Investments, News, Taxation
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    The Cypriot Ministry of Finance presented this month an Action Plan for attracting companies to operate or expand their activities in Cyprus, aiming to make the island a sustainable business hub. The key points of the presented Action Plan are briefly summarised below: 1. Transformation of the existing Fast Track Business Activation Mechanism into a

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  • Discover Cyprus Residency Opportunities through Investment

    • April 21, 2024
    • Posted by: admin
    • Category: Immigration, Investments, News
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    Embark on your Cyprus residency journey with our exceptional Cyprus residency by investment program. This unique opportunity offers successful applicants and their families the chance to obtain Cyprus permanent residency within just one year of approval, paving the way for future citizenship eligibility after five years of residency. Experience the Freedom of Cyprus Residency: Our

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  • Introducing the EU Blue Card Your Gateway to Highly Skilled Work in Cyprus

    • April 17, 2024
    • Posted by: Office
    • Category: Immigration, Investments, News, Taxation
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    Embark on on a new chapter of your career journey with the EU Blue Card, Cyprus’ latest residency permit tailored for highly skilled workers from third countries. Approved by the Council of Ministers on January 17, 2024, this ground-breaking initiative opens doors to qualifies non-EU foreign nationals seeking employment opportunities in Cyprus. What is the

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  • Social Insurance and National Health contributions for 2023

    • May 26, 2023
    • Posted by: admin
    • Category: Accounting & Finance, Taxation
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    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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