NewsCase StudiesEvents

Introduction of National Healthcare System in Cyprus

Also in the news...

UK Tradeshow Programme documents

Specification of requirements and grant funding agreements for exhibitors in Great Britain and Northern Ireland.

'Golden opportunity' for Scotch whisky as UK launches India talks

A free trade deal between the UK and India could bring huge benefits for Scotch whisky producers, as the UK Government looks to cut tariffs of up to 150%.

Overseas Business Risk - Belgium

Information on key security and political risks which UK businesses may face when operating in Belgium.

Customs declaration completion requirements for Great Britain

Use this guide as a supplement when using the CHIEF and CDS trade tariffs to import and export goods to and from Great Britain (England, Scotland and Wales) after the end of the transition period.

When we select your goods for inland pre-clearance checks

Find out how inland pre-clearance checks affect you and what you need to do when we carry out checks on your goods.

Introduction of National Healthcare System in Cyprus

Back to News

The General Healthcare System (GHS) Law came into force as from 1 March 2019.

As from the above date, employers are required to contribute 1.85% on the gross emoluments of employees, who are also required to contribute 1.70% on their emoluments and other income (e.g. rent, dividends, interest, etc.). The state is also required to contribute at 1.65% on the gross emoluments. As from 1 March 2020, the relevant contribution will increase to 2.90% for employers, 2.65% for employees and 4.70% for the state.

Pensioners, self-employed individuals, people with other income (such as income from office or position) are also required to contribute to the GHS, as long as they are residents of Cyprus irrespective of whether they are domiciled or not. The rate will be the same as for employees, except for self-employed persons who will contribute at 2.55%, to be increased to 4% as from 1 March 2020.

For the purposes of calculating the contributions, gross emoluments and other income (i.e. total earnings) are limited to €180,000 per annum.


You are not logged in!

Please login or register to ask our experts a question.

Login now or register.