On-time, compliant payroll including Social Insurance, GHS and PAYE submissions. We tailor this service to forex brokers, CIFs, payment and trading firms, who face specific issues such as capital adequacy under ifr/ifd, client-money reconciliations, cysec prudential returns. We work alongside the Cyprus Securities and Exchange Commission (CySEC), Cyprus Tax Department, Central Bank of Cyprus so your filings are accurate and on time.
What's included
- Monthly payroll and payslips
- Social Insurance and GHS submissions
- PAYE (TD7 / TD63) filings
- New-hire and leaver registration
Why forex brokers, CIFs, payment and trading firms choose us
- Specialist support with capital adequacy under ifr/ifd
- Specialist support with client-money reconciliations
- Specialist support with cysec prudential returns
- Specialist support with introducing-broker payments
- Specialist support with transfer pricing across groups
Challenges you face, solutions we provide
Challenge: Capital adequacy under IFR/IFD
Our solution: Monthly IFR/IFD monitoring against minimum, fixed-overheads and K-factor requirements
Challenge: Client-money reconciliations
Our solution: Daily client-money reconciliations and the annual safeguarding audit
Challenge: CySEC prudential returns
Our solution: Every CySEC prudential and statistical return filed on time
Challenge: Introducing-broker payments
Our solution: IB and affiliate contracts, VAT treatment and KYC kept clean
Challenge: Transfer pricing across groups
Our solution: Transfer-pricing documentation and benchmarking for the whole group
Frequently asked questions
- Do you offer payroll management for forex brokers, CIFs, payment and trading firms?
- Yes. Tsquared delivers payroll management specifically for forex brokers, CIFs, payment and trading firms across Cyprus, on a clear fixed-fee basis.
- Why outsource payroll?
- It removes the risk of late-filing penalties, keeps employee data confidential and frees your time for running the business.
Related guides
← All Forex Brokers & CIFs resources · Payroll Management overview