Chelco Management Services Ltd

About Chelco Management Services Ltd

Founded in 1984 and based in Limassol, this corporate and fiduciary services house has operated for more than three decades as a boutique provider. Its core line is the incorporation and ongoing administration of Cyprus companies and companies in other jurisdictions, supported by an alliance of independent consultancies for tax, audit and legal matters. The firm states that it serves an international clientele and names Russians among those drawn to Cyprus. Beyond formation it offers directorships, company secretary and registered office, trust and foundation structuring, bank account introductions with signatory arrangements, in-house accounting and payroll, immigration and relocation help, and two managed business centres in Limassol. It is a regulated administrative services provider holding an ICPAC certificate. Its website is in English, and a small management team is listed, with a managing director and an accounting head.

Services

Company services include Cyprus and international company formation, shelf companies, redomiciliation, restructuring, directorships, company secretary and registered office. Trust work covers trust and foundation set-up, trustee and protector roles. Banking support covers personal and corporate accounts, signatories, KYC profiles and FATCA or CRS forms. Accounting covers financial reporting, consolidated statements, payroll, social insurance registration, VAT and VIES returns and management accounts. Further services are residence and employment permits, serviced offices, marketing and IT support.

• ✓ Company formation: offered
• ✓ Accounting and bookkeeping: offered
• ✕ Tax compliance: not listed
• ✓ VAT: offered
• ✓ Payroll: offered
• ✕ Audit: not listed
• ✓ Bank account assistance: offered
• ✓ Residency and visas: offered
• ✓ Corporate secretarial: offered
• ✓ Virtual office: offered

Licences and registrations

• ICPAC Regulated Administrative Services Provider, Certificate No. E408/F

As declared by the firm. Check a licence with the regulator before you rely on it.