Calculate Social Insurance contributions for employees and employers in Cyprus. This calculator shows the total cost breakdown including GESY contributions for employed persons by Cyprus companies.
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The GESY (General Healthcare System) is paid via the Social Securities System and currently stands at 2.90% for employers and 2.65% for employees, bringing the total employer cost to 15.4% and total employee deductions to 11.45%.
The Holiday Fund at 8% is optional and typically applies only to seasonal workers.
Important Notes: Employer cost is 15.4% (12.5% Social Security + 2.9% GESY). Employee deductions are 11.45% (8.8% Social Insurance + 2.65% GESY). Consult our payroll specialists for detailed compliance guidance.
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