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CHELCO
MANAGEMENT
SERVICES

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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WELCOME

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.

E-Library

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

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News

Cyprus to reopen airports from 1 March

Nicosia – Cyprus plans to reopen its airports with a colour-coded health risk assessment system from 1 March 2021, applicable to travellers from many of its main tourism markets and the European Union. The island has adopted a traffic-light system for EU member states and third countries such as Britain, Russia and Israel that are...

Arrivals in Cyprus plummet in 2020 due to Covid-19

Nicosia – The number of people who travelled to Cyprus fell by almost 80% in 2020 compared to 2019 while people departing from the country also recorded a drop of 80.1%, according to data released by the Cyprus Statistical Service (CyStat), this week. In particular, during the period of January – December 2020, arrivals of...

Cryptocurrencies: Boom or Bust?

Cryptocurrency believers and sceptics alike are in for a treat. The Cyprus Fiduciary Association (CYFA), of which Chelco Management Services is a member, is organising on Friday, 29 January 2021 a half-day webinar on digital currencies. The webinar will be delivered by Limassol entrepreneur and financial risk analyst, Evis Zenios, who will present the fairy-tale...

Tax treaty negotiations between Russia and the Netherlands collapse

Moscow – The Netherlands disagrees with the Russian proposal to amend their tax treaty, as “it takes too limited account of real economic activities” the Russian News Agency (TASS) quoted the press officer of the Dutch Finance Ministry, Remco Raus, as saying earlier this week. “This proposal therefore has negative consequences for both the Dutch...

Cyprus-Russia tax treaty amended

Nicosia – Cyprus and Russia have agreed on an amendment of their 1998 tax treaty, earlier this month. The agreement was reached following negotiations between the two countries’ Finance Ministries on 10 August. 15% WHT on Dividend and Interest payments According to the agreement reached, the existing Withholding Tax (WHT) rates on dividend and interest...

Deposits and loans in Cyprus on the rise

Nicosia – Deposits and loans in the Cyprus banking system registered a net increase in June with total deposits amounting to €47.8 billion and total loans to €32.2 billion. Data published earlier this week by the Central Bank of Cyprus (CBC), show that total deposits in June 2020 recorded a net increase of €106.4 million,...
  • Your customer doesn’t care how much you know until they know how much you care.

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

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

    – KATE ZABRISKI –
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
 
Friday:

8am – 2.30pm

Office Phone and Fax

T: +357 25873000
F: +357 25373200

Get in Touch!