GHS (GESY) contribution rates from July 2020 are increased as follow:
See rates below
- 2,65% for employees,
- 2,90% for employers and
- 4% for self-employed
In 2016, Cyprus adopted amendments to the Income Tax Laws and to the Cyprus Intellectual Property (IP) regime, to fully comply with the EU legislation and the relevant OECD recommendations of the BEPS Action 5. The amendments apply retrospectively as from 1 July 2016.
Registering a new company is a stressful and long procedure. Our experts can undertake the difficult job and documentation needed for your convenience. Clients are called to decide the below and discuss with us to proceed with the submission to the Cyprus Registrar of Companies