Social Insurance Contributions in Cyprus
Social Insurance contributions in Cyprus
Social insurance contributions in Cyprus are subject to a maximum level of emoluments. For 2025, this maximum is set at €66,612 (weekly €1,281 / monthly €5,551). By comparison, the maximum levels were €62,868 (weekly €1,209 / monthly €5,239) in 2024, and €60,060 (weekly €1,155 / monthly €5,005) in 2023.
The contribution rate of 8.8%, shared equally between employers and employees, has been in effect since 1 January 2024 and will remain unchanged for five years. Following this period, the rate will increase incrementally every five years, reaching 10.3% to 10.7% by 1 January 2039, subject to the findings of upcoming actuarial studies.
| Contributions % | 2025 | 2024 |
|---|---|---|
| Employer | 8.8% | 8.8% |
| Employee | 8.8% | 8.8% |
Social contributions rates
| Contributions Status | Rate |
|---|---|
| Self Employed | 16.6% |
| Employee | 8.8% |
| Employer | 8.8% |
| Employer’s contribution to the Redundancy Fund | 1.2% |
| Social Cohesion Fund | 2.0% |
| Industrial Training Fund | 0.5% |
Social Insurance Contributions for Self-Employed Individuals
Starting from 1 January 2024, self-employed individuals are required to contribute 16.6% of their income to social insurance, an increase from the 15.6% rate applied between 2019 and 2023. This rate will continue to rise every five years, reaching between 19.6% and 20.4% by 1 January 2039, subject to future actuarial assessments.
The contribution amount is determined within a minimum and maximum threshold, which varies based on the profession or trade of the self-employed individual. These limits are reviewed and set annually.
Starting from 1 January 2024, self-employed individuals are required to contribute 16.6% of their income to social insurance, an increase from the 15.6% rate applied between 2019 and 2023. This rate will continue to rise every five years, reaching between 19.6% and 20.4% by 1 January 2039, subject to future actuarial assessments.
The contribution amount is determined within a minimum and maximum threshold, which varies based on the profession or trade of the self-employed individual. These limits are reviewed and set annually.
| Occupation | Minimum Weekly Amount of Insurable Earnings (€) |
|---|---|
| Medical Doctors, Pharmacists, Health Professionals | |
| a. For a time period that does not exceed ten (10) years | 469.79 |
| b. For a time period that exceeds ten (10) years | 950.25 |
| Accountants, Economists, Lawyers and other Professionals | |
| a. For a time period that does not exceed ten (10) years | 469.79 |
| b. For a time period that exceeds ten (10) years | 950.25 |
| Directors (Entrepreneurs), Estate Agents, Wholesalers | 950.25 |
| Teaching Professionals | |
| a. For a time period that does not exceed ten (10) years | 459.11 |
| b. For a time period that exceeds ten (10) years | 918.20 |
| Builders and other professions related to construction industry | 576.56 |
| Farmers, Dairy and Livestock Producers, Poultry Producers, Fishermen | 320.31 |
| Drivers, Excavator Operators and related workers | 459.11 |
| Technicians, Telecommunication Cooperators, Machine Operators not related to Construction Industry and Metal-, Rubber-, Plastic-, Wood- and similar product assemblers | 459.11 |
| Clerks, Typists, Cashiers, Secretaries | 459.11 |
| Workers not classified in any other occupational category | 459.11 |
| Shop owners/supervisors | 437.76 |
| Butchers, Bakers, Pastry-cooks, Meat, Dairy-, Fruit and tobacco products makers/preservers | 352.34 |
| Street Vendors, Mail Carriers, Garbage Collectors, Mining / Stone labourers, Ships' Crews, Underwater Construction Specialists, Riggers and Cable Splicers and Sweepers, Services' Supervisors and Salespersons | 320.31 |
| Cleaners, Messengers, Porters, Cleaning Shop Owners | 437.76 |
| Computer Equipment Operators, Ships' Engineers, Agents and related professionals, Musicians | 469.79 |
| Persons not classified in any other occupational category | 469.79 |
General Health System contributions
Under the General Health System Law of 2001 (89(I)/2001), as amended in 2017, Cyprus implemented a comprehensive healthcare system designed to ensure equal access to medical services for all residents. This system allows patients to choose their healthcare provider from both the public and private sectors, offering greater flexibility in accessing medical care.
GHS contributions are capped at €180.000 total annual incomes.
| Category | Applied on | Rate |
|---|---|---|
| (a) Employees | Own emoluments | 2.65% |
| (b) Employers | Employees's emoluments | 2.90% |
| (c) Self employed | Own income | 4.0% |
| (d) Pensioners | Pension | 2.65% |
| (e) Persons holding office | Officers' Remuneration | 2.65% |
| (f) Republic of Cyprus or Natural/ Legal person responsible for the remuneration of persons holding an office | Officers' Remuneration | 2.90% |
| (g) Persons earning rental, interest, dividend and other income | Rental, Interest, Dividend Income etc | 2.65% |
| (h) Republic’s Consolidated Fund | Emoluments/Pensions of persons (a), (c), (d) and (e) | 4.70% |
