PEO Services in Cyprus

Our PEO Services in Cyprus can help you make your expansion hassle-free and cost-effective, enabling you to start your Cypriot business in days.

Professional Employer
Organisation

After decades of economic growth and thanks to a dynamic culture, Cyprus is a country with many uncharted opportunities to make your business grow.

Bell Tower, Early Christian Basilica of Chrysopolitissa, Paphos, Cyprus
Bell Tower, Early Christian Basilica of Chrysopolitissa, Paphos, Cyprus

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Hassle-Free Expansion

With macroeconomic policies, tax benefits, and an open free-market economy based on the service sector, Cyprus is an appealing country for international business. The tax regulations can be beneficial for your company, but the rules can be quite complex and time-consuming. By using our PEO service, you can expand into Cyprus within days while we take care of the complex paperwork.

After the financial crisis, Cyprus successfully rebuilt its economy supported by the European Stability Mechanism and the International Monetary Fund. In 2015 the country managed to create even more growth than expected which turned out to be a new trend for the following years.

The economy is funded by the service industry with tourism and maritime transportation as thriving pillars.

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What is a Professional Employer Organisation?

A PEO offers you a launchpad for Global Expansion. By using a PEO in Cyprus there is no need to set up a legal entity including all tax registrations and complicated paperwork, and you can start doing business within days.

At Bradford Jacobs, we made it our goal to gain expert inside knowledge on Cyprus payroll, taxes, labour laws, and other local regulations. By utilising our sources, you can start your global expansion hassle-free and at a low cost. We can provide specific support for payroll, taxation, Human Resources, and compliance issues as you expand your operations and enforce your workforce.

If you are ready to start your global success with us, you can add new international talent to your company within days. We have the connections and network to locate talents that meet your needs and wishes on all levels. Without the need for you to create a subsidiary in Cyprus, your new employee can benefit your business in days instead of months.

Needless to say, but incredibly important: we ensure your company complies with all regulations and laws, areas in which can incur severe penalties would you fail to adhere. Your chosen candidate is hired through our agencies in Cyprus and remains under your day-to-day control.

Our PEO and EOR employment solutions enable you to create and maintain your mobile workforce legally and officially employed in Cyprus without establishing a legal entity in-country. No expensive, time-consuming processes with the risk of not complying with unfamiliar laws and regulations, but an efficient, fast, and stress-free alternative to conquer new markets.

You select your candidates, and we do the rest. We provide:

  • Customised solutions for all nationalities moving to work in Cyprus.
  • Local specialists providing you with ongoing business support.
  • Extensive EOR expertise ensuring that your employees benefit from any treaties on expatriate tax, double taxation treaties, reclaimable expenses, or social security agreements.
  • The option for employees to use their own accountant, and cover the fees to the level charged by our accountant.
  • One-to-one contact with our consultants.

Benefits of Using PEO Services in Cyprus

For Employers

As an employer, you are usually responsible for all legal aspects regarding your employees’ employment. In a new country, this process will probably take some more effort… well, it does not have to. At Bradford Jacobs, we have extensive experience with Cypriot payroll, taxes, and other local laws and regulations.

That way, you can enjoy the following:

  • Minimal paperwork or red tape. Since you do not need to set up an entity, you can start operating in Cyprus within days.

  • On-call service to assist with routine HR concerns such as absence management and processing expense.
  • Liaison with employees to ensure they are up to date with companies’ internal policies and handbooks.

  • A rapid solution to onboarding employees for your international expansion into Cyprus.

  • Total control over operating budgets as all costs are detailed at the outset for full transparency.
  • Prompt 24/7 support with disciplinary or grievance issues needing an urgent response.
  • Expert guidance with employment and compliance issues.
  • Reduced accountancy and legal costs.
  • Statutory professional insurance.
Benefits of PEO services for employers

Offering You
Expert Guidance

Benefits of PEO services for employees

Keeping Your
Employees Happy

For Employees

Employees are the main core of your business. They keep the engine running; therefore, it is also important to create a stable agreement that satisfies both employer and employee. As their legal employer, we are responsible for keeping your employees happy with the work agreement. Due to our broad network and experts, we can offer employees great benefits and a reliable, compliant employment contract.

We will make sure they enjoy the following:

  • Worry-free local employment contract compliant with local regulations
  • One-to-one professional HR advice on employment-related issues
  • On-time and 100% accurate salary payment
  • Updates on tax and compliance regulations
  • Great benefits

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