Following our circular dated 29/9/2023 regarding the above subject, we wish to inform you that after the meeting of the Social Insurance Fund on 27/10/2023 and the corresponding calculation study presented, it has become apparent that the increase in the widow’s pension contribution, which stands at 0.1% and was incorporated into the 0.6% rate, does not need to be taken into account.

Therefore, the contributions of both the employer and the employee to the Social Insurance Fund will increase by 0.5% as of 1/1/2024.
Hence, the contributions will increase from the current 8.3% to 8.8% on employees’ insurable earnings as of 1/1/2024.

For further clarification or information, you can contact the Department of Labour Relations, Social Policy & Human Resources Development of Cyprus Chamber of Commerce and Industry at 22889880.

PDF Circular – Engiklios for Eisfores Koinonikon Asfaliseon 30 OCT 2023 ENG

ΑΝΑΚΟΙΝΩΣΗ ΓΙΑ ΕΠΙΚΙΝΔΥΝΑ ΠΡΟΪΟΝΤΑ Οκτώβριος 2023 (ΚΜΕ/18)

Following our previous communication on the 19th annual conference of the Economist, which will be held on 7 and 8 November 2023 at the Hilton Hotel in Nicosia, we hereby attach the agenda of the Conference.

We remind you that the Cyprus Chamber of Commerce and Industry, as a longstanding supporter of the conference, has secured a special participation status for its members. Those interested in attending the conference please contact us via email andand@ccci.org.cy.

PDF Circular – 19th Annual Economist Cyprus Summit – Cyprus’s new roadmap and strategy for sustainable balance