Quick Answer
GESY contributions in Cyprus: employees pay 2.65%, employers add 2.90%, self-employed pay 4.70%, and dividend recipients pay 2.65%. All contributions are capped at an annual income base of EUR 180,000, meaning the maximum annual payment is EUR 4,770 for employees and EUR 8,460 for self-employed. GESY is mandatory for all Cyprus tax residents and covers access to the General Health System.
GESY (also known as GHS) is mandatory for all Cyprus tax residents. Employees contribute 2.65% of gross salary, with employers adding a further 2.90%. Self-employed individuals pay 4.70%. For Non-Dom residents receiving dividends, the rate is 2.65% on dividend income. All contributions are capped at an annual income base of EUR 180,000, making the maximum annual GESY payment EUR 4,770 for employees and EUR 8,460 for self-employed.