Corporate & Fiduciary Services

Our Company

Chelco Management Services Ltd was founded in 1984 and is based in the business capital of Cyprus, Limassol…

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Our People

Our purpose may be to help you form and run your business, but our business, is people…

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One Team

Chelco Management Services Ltd utilises a client-centric and highly specialised coalition of local…

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We warmly welcome you to Chelco Management Services Ltd, Corporate & Fiduciary Services.

For over 35 years, Chelco Management Services has been operating as a boutique service provider, attending to our clients’ unique needs and requirements in a tailor-made, expert and flexible manner.

By using the very best of our collective knowledge, experience and abilities, we keep evolving, enriching our services, expanding our operations and strengthening our presence.

But most importantly, we keep investing in our clients, and they in us.

The client’s perception is our reality. As such, we look forward to welcoming you to our organisation and addressing your business needs.


Our depository of industry information, jurisdictional guides, information sheets and more.

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Our Services








ERGANI clamps down on undeclared work

Nicosia – The ERGANI Information System entered into force on 13 September 2021, with the aim of combating illegal and undeclared work in Cyprus. The new online system obliges employers to register themselves and their employees with Social Insurance Services electronically, at least one day before the start of employment. Specifically, the application for registration...

Cyprus introduces Register of Beneficial Owners

Following the transposition of the 5th European Anti-Money Laundering Directive at a national level, Cyprus has introduced a central Register of Beneficial Owners, which will be kept by the Department of the Registrar of Companies and Official Receiver. All natural persons who ultimately own or control, either directly or indirectly, more than 25% in a...

‘VAT: Urgent and Important’ by Alexis Tsielepis

Limassol – Managing Director of Chelco VAT Ltd, Alexis Tsielepis offers his assessment on what lies ahead in Value Added Tax (VAT) in an article in the Financial pages of Greek-language Phileleftheros newspaper on Sunday, 4 July 2021. Titled ‘VAT: Urgent and Important’, Tsielepis outlines in the article the many challenges VAT currently poses and...

Cyprus opens its doors to crypto providers

Nicosia – The Cyprus Securities and Exchange Commission (CySEC) issued last week a directive in relation to the registration of Crypto-Asset Service Providers (CASPs) on the island. In the context of the implementation of pan-EU requirements including CASPs under the 5th AML Directive, Cyprus recently updated its definition of obliged entities under the Prevention and...

Cryptocurrencies hit all-time peak of $2 trillion

New York – The cryptocurrency market capitalization hit an all-time peak of $2 trillion earlier this week, according to data and market trackers CoinGecko and Blockfolio, as gains over the last several months attracted demand from both institutional and retail investors. The surge was led by bitcoin, which hit its own milestone by holding at...

Funds in Cyprus reach €8.58 bln

Nicosia – Cyprus had €8.58 bln in Funds and Assets Under Management in the 4th quarter of 2020, up by 10.3% from the 3rd quarter and an increase of 3.8% from the last quarter of 2019, the island’s financial services regulator, CySEC, stated in its quarterly report. The Cyprus Securities and Exchange Commission (CySEC) said...
  • Your customer doesn’t care how much you know until they know how much you care.

  • Trust takes years to build, seconds to break and forever to repair.

    – UNKNOWN –
  • The customer’s perception is your reality.

Our Location

221, Chr. Chatzipavlou Str., Helios Court, 3rd Floor, 3036 Limassol, Cyprus
P.O. Box 51625, 3507 Limassol, Cyprus

Working Hours

Mon – Thu:

8am – 1pm / 2pm – 5pm

8am – 2.30pm

Office Phone and Fax

T: +357 25873000
F: +357 25373200

Get in Touch!