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National Health Insurance System

As from 1 March 2019 the General Healthcare System Law of 2001 (GHS) will come into effect.

Employees, employers, Individuals and the government will contribute to the GHS. The contributions will be deducted from the entire earnings of the individuals (including
dividends, interest and rental income) up to a maximum of €180.000.

 

Category Sources of
Income
1/3/2019 1/3/2020
Employees Emoluments 1,70% 2,65%
Employers Employees’ emoluments 1,85% 2,90%
Self-Employed Own Income 2,55% 4,00%
Pensioners Pension 1,70% 2,65%
Persons holding an office Officers’ Remuneration 1,70% 2,65%
Persons earning rental, interest, dividend and other income Rent, interest and dividend 1,70% 2,65%
Republic of Cyprus or Natural/ Legal person responsible for the remuneration of persons holding an office Officers’
Remuneration
1,85% 2,90%
Republic’s Consolidated Fund Emoluments/pensions of persons in (i), (iii), (iv) and (v) 1,65% 4,70%

 

formation co

Cyprus Company formation for trade, service, e-commerce, IPs.

learn the criteria

Cyprus, a Member State of the European Union, has been an important centre for trade and commerce since antiquity.
The small but dynamic country has a long established reputation as a “Centre of Excellence” for international business activities  Read more...

trust form

Trust Formation for effective wealth management and succession planning.

learn the criteria

Forming a company in Cyprus can take the form of a private or public limited liability companies by shares and companies limited by
guarantee which are all incorporated pursuant to the Cyprus
Companies Law.  Read more...

live work

Live and work in cyprus for non-european citizens

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Get in touch with P. KALOPETRIDES & CO. for a tailor made advice on the process for acquiring permanent residency
We provide guidance on the documents required and assist with preparation (employment agreement and the like. Read more...

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Photos From Office

Office Locations

Head office

2 Christ. Sozos Str. Eiffel Tower, 1096 Nicosia, Cyprus
P.O.Box 21855, 1514 Nicosia, Cyprus

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District  offices

Limassol / Lemesos
Paphos / Pafos