Archive for the 'Cyprus - Social Insurance' Category

SOCIAL INSURANCE IN CYPRUS:

Posted on January 11 2009 by Admin Manager

Self-employed persons and employed persons pay different rates of Social Insurance as outlined below:
Self-employed:
The Contributions for self employed people are calculated as 12.6% of a pre‑determined “notional” income which varies depending upon profession or business activity.  The lowest level of “notional income” is €229 (Farmers; and similar professions; refuse collectors; workers in quarries, marine workers [...]