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








Cyprus-Russia tax treaty amended

25 August 2020 – 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...

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,...

Chelco Management Services releases all-new website

Limassol – Chelco Management Services Ltd has just released its all-new website at The website was redesigned, rebranded and rewritten from the ground up. It features an all-new E-Library, making searching and finding information easier, faster and more intuitive. The website is also easier to navigate, it’s more search engine friendly and is fully...

Cyprus raises €1 bln in double European bond issue

Nicosia – Cyprus raised earlier this month €1 billion in a double European bond issue through the reopening of existing bonds maturing on 3 December 2024 and 21 January 2040. The total demand exceeded 10 times the minimum amount announced of €250 million for each transaction. In a written statement, Minister of Finance, Constantinos Petrides,...

Tax Portal is now live

Nicosia – The Cyprus Tax Department launched in early July its much-awaited digital Tax Portal, putting an end to tax payments at local district offices on 1 September 2020. The Tax Department launched the Portal with an announcement on its website, in which it outlines its purpose, features and access method. The Tax Portal can be accessed via the...

Cyprus announces new economic package to boost economy

Nicosia – President Nicos Anastasiades announced in a televised address last night a new set of economic measures to help businesses, the self-employed and employees soften the devastating financial effects of the coronavirus (Covid-19) pandemic. The President elaborated that the new package of measures, which includes €430 million in direct government assistance and the unlocking of up...
  • 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!