ARTICLE
2 October 2024

Main Responsibilities Of Remote And Local Employers In Cyprus (Video)

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CYAUSE Audit Services Ltd

Contributor

CYAUSE Audit Services is an Audit & Assurance firm with offices in Cyprus and the UAE, regulated by the UK ICAEW, International ACCA, Cyprus ICPAC and UAE ADGM. Our firm has extensive knowledge and experience in relocation consultation, international tax planning solutions and licensing of investment firms, funds and insurance agents / brokers. Our routine day to day services include accounting, audit, tax and advisory services to international businesses interested in relocating or establishing presence to Cyprus. Our memberships with international networks ensure seamless collaboration with overseas experts and access to fast and accurate information on overseas tax and corporate legislations. Our partnerships: BKR International (a USA accounting association ranked number 10 in the world) ; ACCACE Circle (European Network) ; 3E Accounting International (Hong Kong Network)
Main Responsibilities Of Remote And Local Employers In Cyprus (Video)
Cyprus Employment and HR

Hello everyone and welcome to this video presented by Cypress audit Services my name is Aiden and today we will talk about the main responsibilities of remote and local Employers in Cyprus.

Those are the main responsibilities of the remote employer under this program one of those responsibilities is to pay the employees in Cyprus on a monthly basis as per their employment contract then the payroll taxes such as Social Security National Health Care and pay as you earn tax poie should be paid monthly finally monthly payslips should be provided to employees these requirements are pretty standard and are not out of the ordinary for overseas Employers in Cyprus both local and overseas employers are required to follow the same rules regulations and filing requirements which helps to ensure a fair and Level Playing Field for all businesses operating in Cyprus by following these requirements employers can help to ensure that they are in compliance with local laws and that their employees are being treated fairly and equitably taking everything into consideration I would like to bring to your attention an important note regarding the remote employer scheme in Cyprus feel free to contact us for a free consultation and we will be more than happy to assist you you can obtain more information from our website or our YouTube channel we also have a very informative and easy to listen to podcast on Spotify thank you for watching.

Originally Published 7 April 2023

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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