Crivens:
The reason why the employees pay the social insurance is to cover redundancy or the contact ends so they have 6 months to look for work.
but if the employee decide to walk out your leave that job then they wont get a penny. the social insurance will say you left a perfectly good job.
with your situation you are legally required to pay the social insurance, best thing I can sud-just is have a word with your accountant and see what he/she has to say about this matter.
there was 2 cases where 2 directors tried to claim and were denied this, but I don't know why?
Next:
Eric
all the in finding a Job, I know it can be hard, but any good luck.
Next:
Aphrodite18
For all the posts that I have made have not or neither been nasty towards you. but the comment you have made and I will quote:
Tentative enquiry if I may of the grand offices of the Almighty and all Knowing JB Bear)
i think it was a bit uncalled for.
but I will answer your question,
Cyprus does not do insurance Stamp like in the UK, if you want to visit the social insurance dept and ask them about, they will more than likely take your money but I don't think you get anything back from it.
things are done different here as far as work is concerned
and by the way I am not a Sir.
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