Cyprus officially called the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. It is the third-largest and third most populous island in the Mediterranean and is located south of Turkey, west of Syria, northwest of the Gaza Strip, Israel, and Lebanon, north of Egypt, and southeast of Greece. Cyprus has an open, free-market, service-based economy with some light manufacturing.
*Please note that the official currency is the currency of remuneration when employed through WorkMotion in Cyprus.
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Cyprus officially called the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. It is the third-largest and third most populous island in the Mediterranean and is located south of Turkey, west of Syria, northwest of the Gaza Strip, Israel, and Lebanon, north of Egypt, and southeast of Greece. Cyprus has an open, free-market, service-based economy with some light manufacturing.
*Please note that the official currency is the currency of remuneration when employed through WorkMotion in Cyprus.
The national holidays mentioned below are valid for the year 2025.
| January 1 | New Year`s Day | |
| January 6 | Epiphany | |
| March 3 | Green Monday | Movable - Orthodox Shrove Monday |
| March 25 | Greek Independence Day | |
| April 1 | National Day | |
| April 18 | Orthodox Good Friday | Movable |
| April 20 | Orthodox Easter Sunday - Catholic Easter Sunday | Movable |
| April 21 | Orthodox Easter Monday | Movable |
| May 1 | Labor Day | |
| June 9 | Pentecost Monday | Movable |
| August 15 | Assumption Day | |
| October 1 | Cyprus Independence Day | |
| October 28 | Ochi Day | |
| December 24 | Christmas Eve | |
| December 25 | Christmas Day | |
| December 26 | Boxing Day |
The approximate time for sharing the contract with an employee in Cyprus is 14 business days assuming no special requests or changes to our standard employment contract. Any such requests or changes would need to undergo internal and external review, directly leading to a time delay.
NOTE: This number is subject to change and is only an estimation of the Contract Sharing Time. The estimated Contract Sharing Time begins from the moment that WorkMotion has received all required information from both the client and the employee.
Employed persons are compulsorily insured under a state-administered Social Insurance Fund. The Scheme provides cash benefits for marriage, maternity, sickness, unemployment, widowhood, invalidity, orphanhood, old age, death, and employment injury.
| Benefit | Employer Contribution |
| Social Insurance Fund | 8.8% |
| Redundancy fund | 1.2% |
| Training Development Fund | 0.5% |
| Social cohesion fund | 2% |
| GHS contributions | 2.9% (capped at EUR 180,000 annual income) |
| Holiday fund (if not exempt) | 8% |
NOTE: The monthly earnings cap of social security contributions is €5,239.
Generally, the weekly working time ranges from 38 to 40 hours in most companies. Employees are entitled to a minimum of 11 continuous hours of rest per 24 hours and 24 continuous hours of rest per week. When the working day is longer than six hours, the worker is entitled to a rest break of 15 consecutive minutes.
The maximum working week is 48 hours including overtime. Compensation for overtime work is not regulated by law in Cyprus but is a matter of individual or collective agreement.
There is a minimum probation period of six months prescribed by law during which an employer may dismiss an employee without cause. This period may be extended for up to two years, provided that there is a written agreement to that effect between the employer and the employee made at the establishment of the employment relationship.
| Length of Service | Notice Period |
| Up to 26 weeks | No notice |
| From 26 to 51 weeks | 1 week |
| From 52 to 103 weeks | 2 weeks |
| From 104 to 155 weeks | 4 weeks |
| From 156 to 207 weeks | 5 weeks |
| From 208 to 259 weeks | 6 weeks |
| From 260 to 311 weeks | 7 weeks |
| From 312 weeks and over | 8 weeks |
NOTE: The only time a notice is not required is when the employee has committed a serious offense. The notice period must be given in writing.
Generally, the weekly working time ranges from 38 to 40 hours in most companies. Employees are entitled to a minimum of 11 continuous hours of rest per 24 hours and 24 continuous hours of rest per week. When the working day is longer than six hours, the worker is entitled to a rest break of 15 consecutive minutes.
The maximum working week is 48 hours including overtime. Compensation for overtime work is not regulated by law in Cyprus but is a matter of individual or collective agreement.
There is a minimum probation period of six months prescribed by law during which an employer may dismiss an employee without cause. This period may be extended for up to two years, provided that there is a written agreement to that effect between the employer and the employee made at the establishment of the employment relationship.
| Length of Service | Notice Period |
| Up to 26 weeks | No notice |
| From 26 to 51 weeks | 1 week |
| From 52 to 103 weeks | 2 weeks |
| From 104 to 155 weeks | 4 weeks |
| From 156 to 207 weeks | 5 weeks |
| From 208 to 259 weeks | 6 weeks |
| From 260 to 311 weeks | 7 weeks |
| From 312 weeks and over | 8 weeks |
NOTE: The only time a notice is not required is when the employee has committed a serious offense. The notice period must be given in writing.
Employed persons are compulsorily insured under a state-administered Social Insurance Fund. The Scheme provides cash benefits for marriage, maternity, sickness, unemployment, widowhood, invalidity, orphanhood, old age, death, and employment injury.
| Benefit | Employer Contribution |
| Social Insurance Fund | 8.8% |
| Redundancy fund | 1.2% |
| Training Development Fund | 0.5% |
| Social cohesion fund | 2% |
| GHS contributions | 2.9% (capped at EUR 180,000 annual income) |
| Holiday fund (if not exempt) | 8% |
NOTE: The monthly earnings cap of social security contributions is €5,239.
