M.Paraschou & Co LLC

Legal Services

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Legal Services

Nicosia

paraschou.com.cy

42-44 Griva Digeni, 3rd Floor, Office 302, 1080, Nicosia

Overview

OUR FIRM

We provide practical solutions to legal problems with a personalized service. We have worked with some of Cyprus’ largest firms and have been trusted by clients from 15 different countries around the world.

Our main goal is to assist and advise businesses, groups of companies and high-net worth individuals in the fields of Business & Corporate law, Real Estate law, Intellectual Property law, Trusts & Succession Planning and Immigration Law.

Our firm is licensed and regulated by the Cyprus Bar Association.

€

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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