Lundi supports compliant employment in Cyprus — Limassol concentrates tech (particularly fintech, gaming, and forex), Nicosia adds professional services and tax structuring. EU-compliant low-tax jurisdiction (12.5% CIT) often used for IP and holding structures. For teams of 10+ specifically in Cyprus.
Cyprus has built a substantial English-fluent professional sector — particularly Limassol for fintech, gaming/iGaming, forex/CFD, and cryptocurrency operations, with Nicosia adding professional services and tax-structuring depth. EU member with 12.5% corporate tax (one of EU's lowest) and notable non-dom personal tax regime. Significant Russian-speaking and international expat professional population. Strong fit for fintech, iGaming, and IP-structured operations. Employer social contributions run ~9–10% above gross. For companies building teams of 10+, not individual hires.
What it costs to employ someone through Lundi.
Lundi's cost is the all-in cost of the employee — gross salary plus statutory employer contributions plus customary benefits — and a Lundi management fee on top. The management fee depends on team size and scope: smaller teams pay a higher per-head rate, teams of 20+ get materially better unit economics, and Build–Operate–Transfer engagements are structured separately.
The alternative paths look like: setting up your own local entity (meaningful months of legal and accounting work, plus ongoing in-country HR, payroll, and compliance infrastructure), engaging a local recruitment agency on contingency (typically a percentage of first-year compensation, paid once, with no ongoing employment relationship), or hiring as a contractor (lower upfront cost, real misclassification risk in most jurisdictions). Lundi is faster than entity setup, structurally different from contingency recruitment, and lower-risk than contractor arrangements.
Talk to us for specific pricing.
Like its severance obligations, notice periods in Cyprus depend on how long an employee has worked with the employer.26 – 51 weeks of employment: 1 weeks’ notice52 - 103 weeks of employment: 2 weeks’ notice104 - 155 weeks of employment: 4 weeks’ notice156 - 207 weeks of employment: 5 weeks’ notice208 - 259 weeks of employment: 6 weeks’ notice260 - 311 weeks of employment: 7 weeks’ notice312 weeks and above: 8 weeks’ notice
Lundi works with companies building teams of 10 or more across business, technical, and operational functions . Not for one-off hires or individual placements.
EOR platforms employ individuals for you. Lundi recruits, employs, and operates concentrated teams — including day-to-day management, HR, and an optional path to your own entity. It's the operating model for companies that have outgrown the EOR ceiling.
