Payroll

MN & Associates skilled professionals warrant they are able to provide their clients with an accurate payroll that has exceptional customer service which simultaneously is not time consuming and costly.

Get your Quote

Employees are those that keep the company running. No business exists without human resources to perform the day to day tasks of organizations. MN&ASSOCIATES  , aside from its proficiency in accounting and tax planning, can provide a company with reliable payroll services.

Due to the importance of a company’s human capital, employees are protected by legislation. Laws protecting labour continually change and thus MN&ASSOCIATES  is constantly updated about the introduction of new laws to avoid violation of Cypriot laws and undertakes a company’s payroll services, which include computation of employees’ deductions, social insurance and other related costs.

MN&ASSOCIATES  provides its clients with the most comprehensive payroll services to cater to their need as well as the satisfaction of your employees.  Payroll may be calculated based on a monthly or weekly basis. MN&ASSOCIATES  provides the following payroll services:

  • Training and recruitment
  • Registration of business as an employer to the proper Government authorities
  • Maintenance of a detailed employee records
  • Accurate computation of employee’s salaries  based on their various salary brackets
  • A convenient and effective payment method
  • Computation and preparation of Income Tax Returns
  • Manage employer concerns with the Social Security
  • Preparation of payslips with breakdown of salary, deductions and allowances and incentives or commission if applicable
  • Provide advice on employee contracts and employer-employee relationship concerns
  • Provide advice and update on legislation affecting labour
  • Payroll software with a reliable back up
  • Preparation of Payroll related reports

The enumerated payroll services are not exclusive. A business may request added services that are more suitable to the nature of its transactions. MN&ASSOCIATES  offers other services on a per request basis according to the requirements of the business.