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Payroll in Cyprus
Payroll in Cyprus runs in EUR on a usually monthly cycle, with statutory employer contributions and check for mandatory or customary 13th-month pay. Gracemark operates it end-to-end — humans, not tickets.
Currency
EUR — Euro
Payroll cycle
Usually monthly
Working week
Commonly 40–48 hrs
Minimum wage
Local statutory minimum applies — confirm current rate
13th-month
Check for mandatory or customary 13th-month pay
Employer cost
Employer social contributions apply — confirm rate
Probation
Confirm statutory probation limits
Notice period
Tenure-based statutory notice typically applies
Two ways to run payroll in Cyprus
Own-entity payroll
For long-term presence in Cyprus. Gracemark manages statutory filings, pay runs, and year-end reporting under your entity — with a named operator on Southern Europe time.
EOR-run payroll
No entity in Cyprus? Employ and pay talent under Gracemark's local infrastructure via EOR — onboard in typically 1–3 weeks via eor, no local incorporation.
Compliance essentials in Cyprus
- Employment model: EOR vs. contractor vs. local entity for Cyprus
- Mandatory benefits, social contributions and any 13th-month obligation
- Termination rules, statutory notice and severance exposure
- Contractor misclassification risk and how local law defines employment
- Currency (EUR), payroll cycle and Greek-language contract requirements
Get a payroll quote for Cyprus
Send your headcount and salary band. We reply with employer burden, net-to-gross, and setup timeline — no sales scripts.
Deeper guide
Hiring guide: Cyprus →
Employ without entity
EOR services →
All countries
Global payroll overview →