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
About Us
CYAUSE Audit Services has extensive experience in the insurance industry has helped tens of insurance brokers and agents register and get licensed by the local Cyprus regulator granting them passporting access to the rest of the European Union.
CYAUSE Audit Services is an Audit & Assurance firm with offices in Cyprus and the UAE. During 2015 we have been awarded by I.C.P.A.C and the A.C.C.A (local and international association of Chartered Certified Accountants) for the Quality of our Audit Services and our Office's Procedures.
Being a Truly International Audit & Assurance firm, we have associates from all over the world and we are constantly looking for new associates to expand our network further. At present, CYAUSE Audit Services operates internationally through its membership with BKR International amongst the largest American associations in the world, Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Our network covers almost 40 jurisdictions with over 2,000 professionals, it supports more than 10,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and processes at least 170,000 payslips globally.
CYAUSE Audit Services Ltd is also a member of BKR International one of the biggest US Accounting Associations of the word and the 3E Accounting Network, an international accounting network which originates from Hong Kong and has more than 80 members from all over the world.
Learn More about Cyprus Corporate Environment
Information about CYAUSE Audit Services and the Cyprus Corporate & Tax System can be obtained from our Website or our YouTube channel which provides valuable information about the Corporate & Tax Environment of Cyprus.
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.
