If you invoice clients or earn as a sole proprietor, you are generally treated as self-employed for social insurance — not as an employee on payroll.
Key rates (2026)
- Social insurance: 16.6% on insurable earnings (cap €68,904/year)
- GESY: 4% on insurable earnings
- Income tax: progressive bands from 0% up to 35% on taxable income
Our free calculator applies these rules instantly and shows your net take-home after all three.
Who should use this tool
Freelancers, consultants, digital nomads with Cyprus obligations, sole proprietors, and platform couriers — anyone paying quarterly SI themselves.