

Quick facts

Cyprus, an island nation in the Eastern Mediterranean, has a service-oriented economy driven by tourism, financial services, and shipping. It is a member of the European Union and offers a favorable business climate. With its strategic location, Cyprus serves as a regional hub for trade and business, connecting Europe, Asia, and Africa.
Employment contracts in Cyprus can be temporary or permanent. Employers must provide employees with a detailed employment contract or a letter of appointment within one month of starting work, as per Cypriot labor law.
The probation period in Cyprus can last up to six months. However, employers can extend it beyond this period, during which the law on unlawful dismissal does not apply.
The standard working week in Cyprus is 38 hours, typically spread over five days. This can vary slightly between industries, with overtime generally being paid. Working hours are capped at 40 hours per week.
Employees who work 48 weeks in a year are entitled to four weeks of paid annual leave. For those working a five-day week, this equals 20 working days of leave, and for those on a six-day week, 24 working days.
Sick leave is available for employed and self-employed individuals aged 16 to 63 who are unable to work due to illness. Sick pay is available for up to 156 days per period of incapacity, with the possibility of an extension under specific conditions. There is a three-day waiting period for sick pay to begin for employed workers.
In Cyprus, wages must be paid at least weekly or monthly, depending on the agreement between the employer and employee. Delayed payments are considered a violation of the law. As of 2025, the minimum wage for full-time employees is €1000 gross per month. Specific minimum wages apply in the agricultural sector.
There are 14 public holidays in Cyprus.
If a public holiday falls on a weekend, employees are typically given a substitute day off.
Employers in Cyprus contribute to various social funds:
Employees in Cyprus contribute to the following:
The personal income tax rates in Cyprus are as follows:
The notice period in Cyprus depends on the length of employment:
Employers are not required to give notice during the probation period if it does not exceed 104 weeks (2 years). The typical probation period is between 3 to 6 months.
In the event of dismissal, the notice period varies based on employment duration, with a minimum of 1 week for employees working less than 52 weeks, and up to 8 weeks for employees with 312 working weeks. If an employee chooses to resign, the notice period is 1 to 3 weeks, depending on their length of service.
International EOR (Employer of Record) and PEO (Professional Employer Organization) are services that enable businesses to compliantly hire, manage, and pay employees in foreign countries without the need for establishing a legal entity. EOR acts as the legal employer while PEO co-employs workers, handling administrative tasks such as payroll, taxes, and benefits.
Acvian does not handle time record submissions directly. It is the client’s responsibility to track and submit employee work hours. However, Acvian can offer guidance and best practices to ensure efficient time tracking and compliance with local labor laws.
Employees can view their payroll details through the monthly payslips they receive and also via our Acvian platform. These payslips contain information on earnings, deductions, taxes, and net pay, giving employees a clear overview of their monthly payroll. Please note that in some countries, employers are restricted from viewing payslips due to data protection regulations, and only employees can share their payslips. For more details on these regulations, please contact our specialists.
Acvian addresses payroll disputes promptly, working closely with both the client and the employee to investigate and resolve any issues.
Yes, Acvian requires advanced monthly payments for salaries and service to ensure timely and accurate payroll processing.
Yes, Acvian can provide consultations regarding labor and tax legislation. Our team of experts is well-versed in local regulations and can offer guidance to help your business maintain compliance, reduce risk, and navigate the complexities of international employment and taxation laws.
Acvian provides a diverse range of benefits, including but not limited to:
We can customize and offer many kinds of benefits requested by the client, ensuring that your employees receive the support and perks that align with your company culture and local regulations.
Acvian can provide private health insurance options as part of its comprehensive employee benefits package.
The monthly/yearly costs for an ‘average’ package vary depending on the specific plan and location. See our estimated price packages here. Acvian’s team can provide detailed cost breakdowns based on your requirements.
While Acvian doesn’t directly provide entity set-up services, we can introduce you to local lawyers who specialize in this area to assist you with your needs. See also, when it's better to set the entity or use the EOR.
Offboarding is managed by Acvian in a structured and compliant manner. We coordinate with your business to ensure all necessary documentation, exit interviews, and final payments are completed. Acvian also ensures adherence to local labor laws and regulations, including providing any required notice periods and managing the termination process.
Businesses typically need EOR and PEO services when they:
Yes, Acvian is fully compliant with GDPR regulations. We collect and process personal data in accordance with the law, ensuring that data is used only for general, allowed purposes such as marketing and other legitimate business activities.
Yes, Acvian provides both permanent and fixed-term employment contracts, with the possibility of extension. After the second extension, the contract becomes indefinite.
Employees can view their payroll details through the monthly payslips they receive and also via the Acvian platform.
Acvian can supply EOR services in over 180 countries, encompassing almost all European nations, the United States, and Canada, providing extensive coverage to support your business’s global expansion and workforce management needs. See our coverage here.
Under EOR, Acvian manages the payroll process by:
Explore the details here.
Yes, Acvian provides comprehensive support for expatriate EOR workers, including:
Explore in details here.
Expats support from Acvian encompasses a range of services designed to facilitate a smooth transition for employees working abroad. Key aspects include:
After onboarding, Acvian maintains an ongoing relationship with your business and employees, ensuring smooth payroll processing, managing tax and regulatory compliance, handling benefits administration, and providing support for any changes or issues that may arise in the employment lifecycle. This allows you to focus on your core business operations while Acvian manages your international workforce.
The onboarding process typically takes between 2 to 4 weeks, depending on the country and complexity of the employee’s situation. However, Acvian strives to expedite this process, ensuring a smooth and efficient transition for your personnel. See our story of the urgent employment project.
Yes, Acvian provides in-country or regional support for employee inquiries and assistance requests. We have dedicated managers in the countries where we support your employees, ensuring prompt and knowledgeable assistance tailored to local regulations and practices.
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