The Future of Cyprus Payroll.
Fully Cloud. Fully Compliant.
Automate Social Insurance, GESY, and PAYE in seconds. Designed specifically for Cyprus companies and accounting firms.
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Companies
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Uptime SLA
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Avg. Payroll Run
Fully Integrated with Cyprus Regulatory Systems
GESY Integration
Social Insurance (YKA)
TAX Department (TFA)
SEPA Bank Transfers
Comprehensive Payroll Capabilities
Every feature is localized and optimized for the specific requirements of the Cyprus Tax Department and Social Insurance Services.
Automated Runs
Calculate 13th/14th salaries, overtime, and deductions with one click. Our engine handles the complexity of Cyprus labor laws automatically.
Employee Portal
Secure mobile-first access for staff to download payslips, manage leave requests, and view tax certificates.
- check_circle Instant Payslips
- check_circle Leave Management
- check_circle IR63 Self-Service
Cloud Security
Bank-grade 256-bit encryption with automated daily backups hosted exclusively in EU-based Tier 4 data centers, ensuring GDPR compliance.
Legislative Updates
Automatic updates whenever GESY rates or Social Insurance ceilings change. You never have to worry about manual configuration.
SIS/Tax Portal Exports
Direct export of XML and CSV files formatted exactly for SIS, and the Tax Department's Taxforall portal.
Custom Reporting
Generate detailed cost-to-company reports, department breakdowns, and longitudinal salary analysis in seconds.
Simple, Transparent Pricing
Scalable plans designed for the Cyprus business ecosystem, from new startups to large enterprises.
Startup
Perfect for new businesses getting started.
Up to 3 employees included
- check Automated Payroll Runs
- check Social Insurance monthly returns
- check TFA monthly and yearly returns
- check SEPA Bank File Export
- check Net to Gross tool
- check Single-user
Enterprise
Custom solutions for large companies & accounting firms.
Unlimited employees
- check Everything in Startup
- check Multi-entity Management, user allocation
- check Employee & Manager Portal
- check Dedicated Account Manager
- check Priority Support
- check Multi-user
Expert Local Support
Unlike global platforms, we understand the local nuances. Our support team is based in Nicosia and speaks both Greek and English fluently.
Call Us (Nicosia Office)
+357 22768555
Email Support
Language Options
Greek & English
Need Help? Send a Message
Payroll Without the Pain
Stop wrestling with legacy tools. Switch to the payroll platform that understands the Cypriot business landscape.
The Old Way
Frustrating manual Excel calculations
Risk of errors in GESY and YKA contribution caps.
Paper-based payslip distribution
Time-consuming printing and manual emailing of PDFs.
The MyCyPay Way
One-click cloud automation engine
Accurate calculations updated instantly with legislative changes.
Automated Employee Portal
Employee self-service.
Trusted by Cyprus Top Firms
From startups in Limassol to established accounting firms in Nicosia, we help businesses scale with ease.
Frequently Asked Questions
Everything accountants and companies ask about running payroll in Cyprus with MyCyPay. Συχνές ερωτήσεις για τη μισθοδοσία στην Κύπρο.
What is MyCyPay? add
MyCyPay (formerly CyPay) is a cloud-based payroll software (λογισμικό μισθοδοσίας) built specifically for Cyprus. It automates Social Insurance, GESY and income tax calculations and is used by both accounting firms and companies to run payroll online from anywhere.
How does MyCyPay calculate Social Insurance and GESY contributions? add
MyCyPay automatically calculates Social Insurance (Κοινωνικές Ασφαλίσεις / YKA), GESY (ΓεΣΥ – General Health System) and PAYE income tax using the current Cyprus rate tables and contribution ceilings. Rates are updated automatically whenever Cyprus legislation changes, so your payroll stays compliant.
Which Cyprus tax and social insurance forms does MyCyPay produce? add
MyCyPay auto-generates the IR7/TD7, IR59/TD59, IR61/TD61 and IR63/TD63 forms directly from payroll data, and exports XML files for upload to Tax For All (TFA), TaxisNet and the Social Insurance portal — as well as SEPA bank payment files.
Is MyCyPay suitable for accounting firms managing multiple clients? add
Yes. MyCyPay is widely used as bureau payroll software for accountants in Cyprus. Paid plans support unlimited employers and employees, user allocation and simultaneous multi-user access, so a firm can manage every client's payroll from one dashboard.
Can a company run its own in-house payroll with MyCyPay? add
Absolutely. Companies of any size can run their own payroll and give staff access to an employee self-service portal for payslips, tax certificates and leave requests, with manager approval workflows.
Is there a free payroll software option in Cyprus? add
Yes. MyCyPay offers a free plan (δωρεάν μισθοδοσία) for one employer with up to three employees, including automated payroll runs, Social Insurance monthly returns and all IR/TD form generation. No credit card is required.
Can employees access payslips and request leave online? add
Yes. Through the MyCyPay employee portal, staff can securely download payslips and IR63/TD63 certificates, view their leave balance and submit leave requests online from mobile or desktop.
Does MyCyPay handle 13th salary, overtime and Net-to-Gross calculations? add
Yes. MyCyPay automatically calculates 13th and 14th salaries, overtime, commissions and deductions, and includes a Net-to-Gross tool for agreeing take-home pay with employees.
Join the Future of Payroll in Cyprus
Ready to modernize your financial stack? It takes less than 2 minutes to create your account and start testing our cloud engine.