The Human Resource Development Authority of Cyprus (HRDA) is a semi-government organisation which started operating in 1979 and is governed by the Human Resource Development Law 125(I)/99 as amended from time to time.  The HRDA reports to the Government through the Minister of Labour and Social Insurance.  It is governed by a tripartite Board of Directors of 13 members, comprising government, employer and trade union representatives. 

The HRDA’s mission is to create the prerequisites for the planned and systematic training and development of Cyprus’ human resources, at all levels and in all sectors, with a view to meet the economy’s needs within the state’s socio-economic policies. 

To accomplish its mission and to exercise its responsibilities and powers, it is funded by the Human Resource Development Fund.  Every employer is required to pay to the Fund a Levy of 0,5% of the emoluments of each employee.  The Government, as an employer, is exempted from this obligation.