Hire Employees & Contractors


Compliantly hire your distributed team members in


Person working on laptop

Hiring in


isn't so simple. Borderless can help.

To hire new employees in


, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.

Borderless handles all of that for you, so you can focus on getting to work with your new team member in


while staying fully compliant with local laws and compliance.

Primary Language

Greek, Turkish


Euro (€, EUR)

Payroll Frequency


Public Holidays

14 days

Employer Taxes


Cost of Living Index

$$$ (40 of 140, 2023)

Statutory Leave

4 weeks after 48 weeks of employment

Sick Leave

Up to 156 days

Maternity Leave

18 weeks

Important: Risks of misclassification

In many countries like


, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.

Payment Information

Minimum Wage

The minimum wage in Cyprus for most workers is €940 per month with €885 for the first six months of employment. 

Unskilled asylum seekers working in the agricultural sector are entitled to a minimum wage of €455 and skilled agricultural workers receive a minimum of €769 per month. 

Overtime Pay

The standard workweek in Cyprus is 40 hours a week. Overtime is paid at 150% hourly rate on weekdays, and 200% on weekends or public holidays.

Additional Pay

There is no additional pay detail for Cyprus.

Payroll Cycle

For all Borderless customers, payments will be made in equal monthly instalments on or before the last working day of each calendar month.

Employer Costs & Taxes

  • 8.8%: Social Insurance
  • 2%: Social Cohesion Fund
  • 1.2%: Redundancy Fund
  • 0.5%: Industrial Training Fund
  • 2.9%: National Health System
  • 8%: Central Holiday Fund

Employee Costs & Taxes

  • 0%: Up to €19,500
  • 20%: €19,501 to €28,000
  • 25%: €28,001 to €36,300
  • 30%: €36,301 to €60,000
  • 35%: Above €60,000

Employment Information

Termination Process

Termination may be established with just cause, such as poor performance, fraud, or negligence.

Notice period

Notice periods in Cyprus vary by the length of service: 

  • 26 – 51 weeks of employment: 1 weeks’ notice
  • 52 - 103 weeks of employment: 2 weeks’ notice
  • 104 - 155 weeks of employment: 4 weeks’ notice
  • 156 - 207 weeks of employment: 5 weeks’ notice
  • 208 - 259 weeks of employment: 6 weeks’ notice
  • 260 - 311 weeks of employment: 7 weeks’ notice
  • 312 weeks and above: 8 weeks’ notice

Probation Period

Probation periods may last from six months to two years, varies by employment agreement.

Severance Details

Like the notice period, severance varies by the length of tenure: 

  • 2 weeks’ pay: employment for up to 4 years
  • 2.5 weeks’ pay: employment for 5 to 10 years
  • 3 weeks’ pay: employment for 11 to 15 years
  • 3.5 weeks’ pay: employment for 16 to 20 years
  • 4 weeks’ pay: employment for over 20 years
Benefits of working in a country abroad

Borderless Benefits Packages in


When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:

Medical Insurance
Dental Insurance
Vision Insurance
Life Insurance
Retirement Contributions

Learn how to hire quickly and easily in


Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.

Book a demo