Cyprus Social Security Rate For Companies

The Social Security Rate For Companies in Cyprus stands at 8.30 percent. Social Security Rate For Companies in Cyprus averaged 10.03 percent from 2006 until 2019, reaching an all time high of 11.50 percent in 2014 and a record low of 7.80 percent in 2017.

Social Security Rate For Companies in Cyprus is expected to be 7.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Social Security Rate For Companies is projected to trend around 7.80 percent in 2020, according to our econometric models.

Cyprus Social Security Rate For Companies

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Cyprus Taxes	Last	Previous	Highest	Lowest	Unit
Corporate Tax Rate	12.50	12.50	29.00	10.00	percent	[+]
Personal Income Tax Rate	35.00	35.00	40.00	30.00	percent	[+]
Sales Tax Rate	19.00	19.00	19.00	10.00	percent	[+]
Social Security Rate	16.60	15.60	19.30	15.60	percent	[+]
Social Security Rate For Companies	8.30	7.80	11.50	7.80	percent	[+]
Social Security Rate For Employees	8.30	7.80	8.30	6.30	percent	[+]

Cyprus Social Security Rate For Companies

In Cyprus, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Cyprus because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - Cyprus Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	8.30	7.80	11.50	7.80	2006 - 2019	percent	Yearly

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Country	Last		Previous	Range
France	45.00	Dec/18	45	45 : 37.9	%
China	37.00	Dec/18	37	37 : 37	%
Italy	30.00	Dec/19	30	45.9 : 30	%
Russia	30.00	Dec/19	30	35.6 : 26	%
Spain	29.90	Dec/19	29.9	33.7 : 29.9	%
Brazil	28.80	Dec/19	28.8	31.8 : 20	%
Argentina	26.70	Dec/19	26.7	27 : 26.7	%
Turkey	22.50	Dec/19	22.5	22.5 : 16.5	%
Netherlands	19.80	Dec/19	19	21.25 : 17.4	%
Germany	19.44	Dec/19	19.38	21 : 16.7	%
Singapore	17.00	Dec/19	17	17 : 13	%
Japan	14.75	Dec/18	14.75	15.2 : 6.8	%
United Kingdom	13.80	Dec/19	13.8	13.8 : 10.2	%
India	12.00	Dec/18	12	12 : 12	%
Saudi Arabia	12.00	Dec/19	12	12 : 11	%
South Korea	10.40	Dec/18	10.4	10.4 : 8.5	%
Australia	9.50	Dec/19	9.5	9.5 : 9	%
United States	7.65	Dec/18	7.65	10.1 : 7.65	%
Mexico	7.58	Dec/18	7.58	14.7 : 7.58	%
Canada	7.37	Dec/19	7.27	7.9 : 4.3	%
Switzerland	6.00	Dec/19	6	11.55 : 6	%
Indonesia	5.74	Dec/18	5.74	11.74 : 5.74	%
South Africa	1.00	Dec/19	1	2 : 1	%