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​GET YOUR PAYROLL DONE

Payroll outsourcing - services and assistance designed to fit your every need
​
We offer both complex and straight forward calculations of payroll, tax deductions
and variable hours and pay dates.
It is mandatory for all employers to report employment, payments, remunerations,
employer's social insurance contributions and advance tax deductions to the
authorities. Depending on various tax treaties, income is often liable for Cyprus
income taxation and Cyprus Social Insurance. It is easy to get lost in the complex
regulations for employment and payroll in Cyprus. The fact that the area is strictly
regulated by legislation makes it even more difficult to maneuver in.

  • Payroll calculation

  • Travel and expense reports

  • Absence and overtime handling

  • Sick leave refund/reimbursements

  • Reporting

  • Year-end procedures 

  • Benefits administration

  • Pension administration

 

On a monthly basis, Amkosource’s payroll services will facilitate:

  • Computing employees’ withholdings and net pay

  • Ad hoc additional payments or deductions

  • Preparing and issuing employee pay slips

  • Direct deposit pay into employee bank accounts

  • Expenses and benefits processing and compliance

  • Preparing documentation for new or departing employees

  • Preparing revenues payable and remittance submissions to tax office

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