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January 5, 2024
Changes to Social insurance contribution and National Minimum Wage
As of 1st January 2024, the following changes regarding employment in the Republic of Cyprus: Social insurance contribution and maximum amount of insurable earnings: In accordance with the Cyprus Social Insurance Law of 59(I)/2010, as amended, the contribution rates to the Social Insurance Fund will increase as follows, effective 1st January 2024: In the case...
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