The Cypriot Social System for Entrepreneurs

Germany: 40%+ social contributions. Cyprus: ~15-16% total. For self-employed making the switch: one of the strongest tax advantages.

What Self-Employed Pay

Social Insurance: 15.6% of declared income. GeSY: 4%. Total: ~19.6%. Example: €3,000/month → €588 (vs €1,200+ in Germany). Via Ltd: employer/employee split, CMC optimizes salary/dividend ratio.

This was exactly our experience: The Cypriot Social System for Entrepreneurs Germany: 40%+ social contributions.

– Entrepreneur from Vienna, in Larnaca since 2023

What You Get

Full GeSY healthcare. Cypriot pension (after 15+ years). Sick pay: 72% after 3 days. Maternity: 18 weeks at 72%. German pension: continues if voluntary contributions paid.

CMC Optimization

Salary vs dividend split: key lever. Enough salary for social insurance rights, rest as dividend (no social insurance, Non-Dom: SDC-free). CMC calculates optimal ratio. German pension: advises on voluntary contributions.

Social Insurance GeSY

Topics: The Cypriot Social System for Entrepreneurs, What Self-Employed Pay, What You Get

CMC Practical Tip

The Cypriot Social System for Entrepreneurs Germany: 40%+ social contributions.

Frequently Asked Questions

How much social insurance as self-employed?

~15.6% social + 4% GeSY = ~19.6%. €3,000/month → ~€588. Germany same gross: €1,200+. Saving: €600+/month.

Will I get a Cypriot pension?

After 15+ years contributions: yes. Modest. Recommendation: also pay voluntary German pension contributions.

Salary or dividend?

Salary: social insurance liable. Dividend: not liable, Non-Dom SDC-free. CMC calculates optimal split.

What if I get sick?

After 3-day wait: 72% of insured income. Only if social insurance correctly paid. CMC ensures correct contributions.

How CMC Supports You

At CMC Certus Management Consultants, we are here for you – not only for tax and legal questions, but also for all practical topics of everyday life in Cyprus. Our team in Larnaca and Pafos knows the local conditions first-hand.

As your local contact, we handle: company formation and management, tax advisory and Non-Dom applications, ongoing bookkeeping and tax returns, support with authorities, and referrals to estate agents, lawyers, doctors and tradespeople.

Further Reading