Employer’s Obligation to Submit Essential Employment Terms
In December 2024, the Minister of Labour issued a Decree (KΔN 455/2024), under section 11(6) of the Transparent and Predictable Employment Terms Law, which mandates that all employers must submit the essential employment terms of all their employees. Deadline: The terms must be submitted by 28th of February 2025 through the Ergani portal. The terms […]
Written by Robert LondonAudit & Accounting Lead · ACA (ICAEW) · ICPAC practising certificate
In December 2024, the Minister of Labour issued a Decree (KΔN 455/2024), under section 11(6) of the Transparent and Predictable Employment Terms Law, which mandates that all employers must submit the essential employment terms of all their employees.
Deadline:
The terms must be submitted by 28th of February 2025 through the Ergani portal.
The terms of employment that should be submitted are the following:
- Employer details
- For retail business, the type of business
- Employee details
- Employer’s registered office address
- Place of work as specified in the employment contract and the actual workplace at the time of registration
- Job description and specialization of employee
- Employment start date
- Employment end date (for fixed-term employments)
- Details of indirect employers (in case of temporary employment businesses)
- Terms and duration of the probationary period
- Annual leave duration and allocation method
- Salary and payment frequency (daily, weekly, monthly, hourly)
- Standard working hours per day/week
- If the working schedule is unpredictable, it should be mentioned
Other benefits, allowances, commissions, etc.
This article is general information on Cyprus tax rules, not advice on your position. The right answer depends on your structure, your residency and the type of income, so treat it as the start of a conversation rather than the end of one.
