Cyprus
Service Fee
15%
Percentage of the candidate's annual gross salary

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Country Snapshot

Currency

EUR

Timezone

EET

Minimum Wage

1,088 EUR/Month

Payroll Frequency

Monthly

Employment Type

Full-time

Cyprus is an EU country with a strategic location, offering a business-friendly environment and strong professional services sector.

General Information

CapitalNicosia
Population1,370,754
TimezoneEET
Official LanguageGreek

Employment Laws

Working Hours40h / week
Minimum Wage1,088 EUR/Month
Probation PeriodUp to 6 months
Notice Period1 week – 2 months

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Leave Entitlements

Annual Leave20 days
Public Holidays14 days
Sick LeavePaid
Maternity Leave18 weeks
Paternity Leave2 weeks

Social Security

Employer Rate8%
Employee Rate8%

SIF (Social Insurance Fund)

Additional Information

Recruitment in Cyprus is international and service-oriented. Talent availability is strong in finance, shipping, and professional services. English proficiency is high. The local talent pool is limited in scale. Employers may rely on expatriate hiring.

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