Eurofast — Global Payroll & Workforce Management

1. Provider Overview

Eurofast is a premier regional management consulting, tax, payroll, and corporate services organization established in 1978, with headquarters in Nicosia, Cyprus and Athens, Greece. With 21+ fully owned direct offices across Southeast Europe, the Balkans, and the East Mediterranean, Eurofast supports multinational corporations, regional businesses, and investors with local compliance and employment operations.

Eurofast delivers an integrated suite of services covering multi-country payroll processing, corporate tax structuring, accounting, transfer pricing, and corporate administration. By maintaining physical offices staffed by local professionals in every operating country, Eurofast provides multinational clients with direct regulatory insight and dependable compliance across one of Europe's most legally diverse regions.

2. What Eurofast Specializes In

Eurofast specializes in Southeast European and Balkan regional business administration:
- Regional multi-country payroll bureau processing across 21+ Southeast European jurisdictions.
- Statutory social insurance filings, wage withholding taxes, and labor ministry compliance.
- Cross-border corporate tax advisory, VAT compliance, and transfer pricing documentation.
- Company incorporation, registered office domiciliation, and corporate secretarial management.
- Labor relations advisory, employee contract drafting, and termination protocols.

3. EOR Capability

Eurofast is classified as a Non-EOR provider under canonical directory classification. Eurofast operates as a professional services firm, payroll bureau, and corporate setup advisor for companies operating through their own corporate entities.

While Eurofast assists clients with local hiring regulations, statutory registrations, and expatriate work permits, it does not act as a commercial third-party employer of record or co-employer on local registries.

4. Geographic Coverage

Eurofast provides comprehensive regional coverage across 21+ countries in Southeast Europe and the East Mediterranean:
- Balkans & Southeast Europe: Greece, Cyprus, Bulgaria, Romania, Serbia, Croatia, Slovenia, Albania, North Macedonia, Bosnia and Herzegovina, Montenegro, Kosovo.
- Eastern Europe & CIS: Poland, Czech Republic, Slovakia, Hungary, Ukraine, Georgia.
- East Mediterranean & Middle East: Turkey, Israel, Egypt.

5. Countries Supported

Eurofast provides direct in-country payroll and corporate services across Greece, Cyprus, Bulgaria, Romania, Serbia, Croatia, Slovenia, Albania, North Macedonia, Poland, and Ukraine.

6. Services Offered

Eurofast offers services across 5 master taxonomy categories:
1. Global Payroll
2. Tax & Payroll Compliance
3. Corporate Services
4. Employment Compliance
5. Entity Establishment

7. Delivery / Entity Model

Eurofast utilizes a Direct Regional Office Model:
- Physical In-Country Presence: All services are delivered by Eurofast's own licensed local professionals across 21+ regional offices.
- Centralized Project Coordination: Multinational accounts are coordinated through a single regional hub in Athens or Nicosia.

8. Pricing

Eurofast provides tailored corporate proposals based on geographic scope:
- Commercial Structure: Monthly bureau fees structured per country entity and headcount tier, combined with optional corporate secretarial and tax advisory retainers.
- Official Notice: Pricing not publicly disclosed — Contact Sales for a customized regional quote.

9. Payroll

Eurofast delivers complete multi-country gross-to-net payroll processing:
- Statutory Deductions: Calculation of local personal income tax, national health insurance, and pension contributions.
- Local Filings: Automated submission of monthly statutory declarations to regional tax authorities and social security institutes.
- Multi-Language Payslips: Generation of statutory digital payslips in local languages and English.

10. Contractor Management

Eurofast assists client subsidiaries with compliant B2B contractor agreements, local withholding tax requirements, and service contract reviews under national civil codes.

11. Benefits

Eurofast administers statutory and voluntary employee benefits:
- Statutory Schemes: Mandatory holiday allowances, seniority bonuses, and statutory severance reserves.
- Voluntary Programs: Integration of private medical schemes and meal voucher programs into local payroll runs.

12. Immigration & Work Authorization

Eurofast provides relocation and immigration support for expatriates, including work permit filings, residency visa applications, and registration with local municipal police and labor authorities.

13. HR / Technology

Eurofast utilizes secure cloud payroll platforms and client document portals for data exchange, variance verification, and consolidated management reporting.

14. Integrations

Confirmed software and ecosystem integrations:
- Enterprise Platforms: SAP, Oracle, Microsoft Dynamics, Local Balkan Banking & ERP Rails.
- Data Pipelines: REST API and secure SFTP data synchronization.

15. Customer Segments

Eurofast provides specialized services tailored across:
- SMB: Tailored compliance and workforce administration packages.
- Mid-market: Tailored compliance and workforce administration packages.
- Enterprise: Tailored compliance and workforce administration packages.

16. Strengths

Key operational strengths of Eurofast: - Unrivaled on-the-ground footprint across 21+ physical offices throughout Southeast Europe and the Balkans - Comprehensive multi-disciplinary services spanning payroll, corporate tax, transfer pricing, and accounting - Deep expertise in navigating complex local Balkan labor codes and collective agreements - Multilingual in-house teams providing seamless single-hub communication for regional expansions

17. Limitations & Considerations

Important evaluation trade-offs and considerations: - Classified as Non-EOR: operates primarily as a regional payroll bureau and corporate services advisory firm - Coverage is geographically specialized across Southeast Europe, Eastern Europe, and the East Mediterranean - Custom quote pricing model structured per jurisdiction and employee volume

18. Best For

Eurofast is best suited for organizations that require: - International companies establishing subsidiaries across Southeast Europe, Greece, Cyprus, and Balkan states - Businesses seeking a single regional advisor for payroll, local tax compliance, and entity formation - European enterprises requiring specialized local payroll bureau expertise in complex emerging Mediterranean markets

19. Country Availability & Verified Relationships

Eurofast supports operations across major international hiring markets including the United States, United Kingdom, Germany, India, Canada, Australia, Singapore, France, Japan, Netherlands, Brazil, Spain, and Mexico. Entity status and service eligibility must be validated directly with sales.

Direct country-specific verification is mapped across core international hiring markets. Confirm current local entity operations and service-level availability directly with provider sales.

20. Sources

1. Eurofast Official Corporate Website & Regional Overview ↗ (Official Website)  ·  Accessed 2026-09-02
2. Eurofast Southeast Europe Payroll & Tax Directory ↗ (Official Documentation)  ·  Accessed 2026-09-02
3. Cyprus Chamber of Commerce & Industry Member Profile — Eurofast Ltd. ↗ (Regulatory Directory)  ·  Accessed 2026-09-02
4. Invest in Greece Corporate Services Registry ↗ (Government Directory)  ·  Accessed 2026-09-02
5. Southeast European Tax & Labor Compliance Review ↗ (Compliance Manual)  ·  Accessed 2026-09-02

21. Last Reviewed

Last Editorial Review Date: 2026-09-02
Reviewing Body: EOR.one Editorial Research Desk  ·  Global Employment Intelligence  ·  Our 5-Point Verification Methodology →

22. Next Steps & Procurement