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Cyprus
Cyprus

28 years on the ground since 1997. Social Insurance Fund administration, third-country work permits, and the Cyprus 50% rule for inbound executives, all run from an EU gateway at the crossroads of Europe, Asia, and Africa.

1997

Active since

EOR

Employer of Record

EU

Gateway to East Med

Full

Social insurance admin

Cyprus offers a strategic location at the crossroads of Europe, Asia, and Africa, with a favourable tax regime and a growing technology sector. The island's employment framework is governed by a combination of EU directives and local legislation, with mandatory social insurance contributions and sector-specific collective agreements. International companies establishing operations in Cyprus must navigate Social Insurance Fund contributions, work permit requirements for third-country nationals, and local employment legislation. Octagon Professionals has operated in Cyprus since 1997, helping international organisations employ talent compliantly on the island.

Available in this market

Services in Cyprus

HR consultancy in Cyprus

Cypriot employment contracts, social insurance registration, annual leave administration, and compliance with local employment legislation for employees based in Cyprus.

Employer of Record in Cyprus

Hire employees in Cyprus without entity setup. Cypriot payroll processing, social insurance contributions, and tax reporting across the Cypriot market.

Recruitment in Cyprus

Find talent in Cyprus across technology and professional services sectors for international organisations operating on the island.

Compliance

Regulatory framework

01

Social insurance

Administration of mandatory contributions to the Social Insurance Fund covering pension, sickness, maternity, and unemployment.

02

Tax advantages

Management of Cyprus's favourable corporate tax regime and personal income tax incentives for expatriate employees.

03

EU compliance

Full adherence to EU employment directives as implemented in Cypriot law, including working time and anti-discrimination regulations.

04

Work permit support

Assistance with third-country national work permit applications and residence permit renewals through the Civil Registry.

Vacancies

Open roles in Cyprus

No active roles in this area right now, but we place specialists across Europe every month. Send us your CV and we will match you when one opens.

Send us your CV

Insights

Related insights for Cyprus

8 Mar 202510 min read

The future of international HR in Europe

From digital nomad visas to AI-driven payroll, international HR is shifting rapidly. Our experts share perspectives on what the next five years hold for cross-border employment.

22 Jan 20257 min read

Tech-enabled HR: beyond the buzzword

Octagon combines automation with human expertise. Our head of technology shares how we use technology to improve accuracy, speed, and compliance without losing the personal touch that international employees need.

Start hiring in Cyprus

Employ talent in Cyprus with social insurance administration, work permit support, and full EU employment compliance.