Margarita Bakeries

Food & Beverage Manufacturing

Limassol

Xylofagou Industrial Area

Overview

Margarita Bakeries is a new company established in 2012. With the 4000 square feet manufacturing factory and the 4 outlets, it produces and distributes bakery and confectionery products to the local market.

It serves the wholesale and retail market. The mission of the company is to preserve the high quality through the stable and continues growth.

€

Children

Apply the child tax deduction Available when gross family income does not exceed €100,000 (1-2 children), €150,000 (3-4) or €200,000 (5 or more).

Include Holiday Fund 8%. Enable only where the employer is not exempt and owes a contribution to the Central Holiday Fund.

NET SALARY

€1,771 / month

€21,252 / year

Gross pay €2,000.00

Social Insurance -€176.00

GHS (GeSY) -€53.00

Income tax -€0.00

Net salary €1,771

11.5% Deductions

Indicative calculation based on standard 2026 Cyprus deductions and contributions. Not tax or accounting advice.

The amounts per salary are an annual average and may differ from the actual monthly payroll.

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