Hire Full-Time Employees in Cyprus
with No Local Entity Required
With Rise’s Employer of Record (EOR), you can hire employees in Cyprus quickly and compliantly while we manage all legal, tax, and payroll requirements.
What Is Rise’s Cyprus EOR?
Rise becomes the legal employer for your Cyprus-based team members, handling payroll, compliance, benefits, and statutory obligations while you direct their day-to-day work.
Why Companies Choose Rise for Cyprus Hiring
Fast, compliant hiring
Onboard employees anywhere in Cyprus through our local legal entity.
Fully managed tax & compliance
We handle income tax, social insurance contributions (SIC), GESY healthcare contributions, payslips, and all Cypriot labor-law compliance.
Competitive Cypriot benefits
Private health insurance, pension options, paid annual leave, sick leave, and crypto-friendly benefits.
Hybrid payroll flexibility
Pay in EUR, stablecoins, or crypto as Rise ensures full compliance with Cypriot tax authorities regardless of payout method.
No Cypriot entity required
Hire instantly without registering a company in Cyprus.
How Rise’s Cyprus EOR Works
1. Submit your hire
Provide the employee’s details: compensation, role, start date, and work location in Cyprus.
2. Rise generates a Cypriot-compliant employment contract
We prepare compliant contracts, collect statutory onboarding documents, and perform right-to-work checks.
3. Employee signs electronically
All documents are completed digitally; Rise handles statutory data collection and compliance setup.
4. Payroll & benefits activated
We run monthly payroll, remit income tax, calculate and pay SIC + GESY contributions, issue payslips, and manage all statutory benefits.
5. Ongoing HR & compliance
Salary adjustments, promotions, leave entitlements, and offboarding are all managed through Rise’s unified platform.
What Rise Manages for You (Cyprus)
• Income tax withholding & filings
• Social Insurance Contributions (SIC)
• GESY healthcare contributions
• Payslips & payroll processing
• Compliant Cypriot employment contracts
• Leave entitlements (annual leave, sick leave, public holidays)
• HR recordkeeping & GDPR compliance
• Termination procedures per Cypriot labor law
You focus on managing the employee while Rise handles compliance and administration.
Hybrid Payroll Options
Pay your team in Cyprus with:
✓ EUR (bank transfer)
✓ Stablecoins (USDC, USDT)
✓ Cryptocurrency
Rise keeps all tax calculations and filings denominated in EUR for full compliance.
Hire in Cyprus Faster
Expand into Cyprus without complexity.
Book a demo to get started.
Cyprus EOR FAQ
Can I hire in Cyprus without setting up a company there?
Yes. Rise is the legal employer, so no entity setup is required.
Does Cyprus allow crypto salary payouts?
Yes. Through Rise’s hybrid payroll we ensure all reporting remains EUR-based for compliance.
How fast is onboarding?
Most Cyprus hires are fully onboarded within a few days after document collection.
Does Rise handle terminations?
Yes. Rise manages compliant offboarding according to Cypriot labor laws.
