Corporate Services & Private Wealth Solutions | Cyprus

our deliverables

Affinity (Cyprus) Limited provides regulated administrative and corporate services to local and international clients.

Licensed by the Cyprus Securities and Exchange Commission, our Cyprus operation supports clients within the scope of its authorisation. Our local team works with business owners, investors, families and professional advisers who need an experienced partner in Cyprus.

We can support the establishment and ongoing administration of Cyprus companies, including operating businesses, holding structures, international service companies and businesses that own or manage intellectual property.

Every engagement begins with the client's commercial objectives. We then coordinate the required corporate, governance and administrative work, alongside the client's legal, tax and accounting advisers where specialist advice is needed.

Regulated Administration

Corporate and administrative services delivered within the scope of our CySEC licence

Local leadership

A Cyprus operation led by experienced local professionals with direct knowledge of the jurisdiction

Personal service

Direct access to the people responsible for your company and its ongoing administration.

International coordination

Support from Affinity teams across our wider network when a structure involves more than one jurisdiction.

Our team

Our Cyprus leaders

Our Cyprus operation is led by Stelios Kazamia, supported by Group CEO Andy Morgan and Affinity's wider leadership team.

Speak directly with our Cyprus office about establishing or administering a business in the jurisdiction

Jurisdiction

Why Cyprus?

Cyprus is an EU member state with an established international business sector and a legal system influenced by English common law. Its location connects Europe with the Middle East and other international markets, and the jurisdiction has developed a substantial network of professional advisers, financial institutions and business-service providers.

Cyprus is commonly considered for:
‍
- International trading and operating companies
- Professional and consultancy businesses
- Holding and investment structures
- Technology and software businesses
- Intellectual property ownership and licensing
- Shipping and maritime businesses
- Regional headquarters and family-owned international companies

The suitability of any Cyprus structure depends on the client's activities, ownership, markets and tax position. Clients should obtain specialist legal and tax advice before establishing a structure.

the region

Key benefits

Stable legal, economic and political environment

Business friendly regulatory environment

Competitive fiscal environments in various states

Diverse landscape of established industry

Robust legal system and flexible company structures

High level of confidentiality and robust asset protection

Highly skilled workforce

Diverse landscape of established industry and advanced infrastructure for digital and tech business

Key benefits

Full membership of the European Union

Established corporate and commercial law

Legal system influenced by English common law

Experienced professional-services sector

Internationally connected business environment

Extensive network of double-tax agreements

Established frameworks for operating, holding and intellectual property businesses

Skilled and multilingual workforce

Tax treatment depends on the facts of each case and may change. Affinity does not provide legal, tax or accounting advice.

Tax efficient

robust frameworks

flexible vehicles

business friendly

Licensed by CySEC

Affinity (Cyprus) Limited is licensed by the Cyprus Securities and Exchange Commission

- Business in Cyprus
- International business with local support

Cyprus is used by international businesses that need an EU company supported by local management and professional administration.

Our Cyprus Services

- Company formation and registration coordination
- Registered office and company-secretarial services
- Corporate governance and board support
- Ongoing company administration
- Statutory records and filing coordination
- Client due diligence and compliance administration
- Banking introductions and application coordination
- Liaison with independent legal, tax and accounting advisers
- Coordination with other Affinity jurisdictions

Any regulated business activity may require separate authorisation. Establishing a Cyprus company does not itself give the company permission to carry on regulated activity in Cyprus or elsewhere in the EU.

financial support

business consultancy

leading reputation

our approach

Local Responsibility, International Support

Stelios Kazamia leads Affinity's Cyprus operation and works directly with clients and their advisers.

The Cyprus team combines local experience with Affinity's wider knowledge of corporate administration, private wealth and international structures. This allows us to support Cyprus companies that form part of a broader family, investment or commercial arrangement.

Our aim is straightforward: understand what the client needs, explain the administrative process clearly and remain closely involved after the company has been established.

FAQ

You ask, we answer

Is Affinity licensed in Cyprus?

Affinity assists with all the necessary corporate services to set up a company in Cyprus, including company incorporation, company registration, directorship, registered office/agent, and setting up a corporate bank account

What services does Affinity provide in Cyprus?

Affinity provides administrative and corporate services within the scope of its CySEC licence.

The Cyprus team can also coordinate with independent legal, tax and accounting advisers where the client requires specialist advice.

What services does Affinity provide in Cyprus?

Affinity provides administrative and corporate services within the scope of its CySEC licence. The Cyprus team can also coordinate with independent legal, tax and accounting advisers where the client requires specialist advice.

Can Affinity establish a Cyprus company for me?

We can assist with company formation and the associated administrative process, subject to our client-acceptance procedures and the scope of our licence. We begin by understanding the proposed activities, ownership, countries of operation and purpose of the company. We then explain the information and due-diligence documents required.

How long does it take to establish a Cyprus company?

Timing depends on the proposed name, ownership, business activity, complexity of the structure, due-diligence process and the availability of information.

We provide an expected timetable once we understand the proposed structure. Registrar, banking and third-party processing times remain outside our control.

How long does it take to open a corporate bank account in Cyprus?

Opening a corporate bank account in Cyprus typically takes 2 to 6 weeks, however this is very dependent on how quickly the information and documentation we require is provided to us. Opening the bank account is initiated after you pass our client due-diligence process.

Can Affinity help open a bank account?

We can help prepare and coordinate a banking application and make introductions where appropriate.

The bank will carry out its own assessment and due diligence. Affinity cannot guarantee that a bank will approve an application or complete it within a particular period.

Why do international businesses use Cyprus?

Cyprus is an EU member state with an established corporate law framework and a substantial international business sector.

It may suit operating companies, international trading businesses, technology companies, holding structures and intellectual property businesses. Suitability depends on the client's commercial activities and tax position.

Does a Cyprus company automatically have access to the whole EU market?

A Cyprus company is established in an EU member state, but this does not give automatic permission to provide every service throughout the EU.

Regulated activities may require separate authorisation in Cyprus, the client's target market or both. Specialist advice should be obtained before carrying on regulated business.

Does Affinity provide tax or legal advice?

No. Affinity provides regulated administrative and corporate services.

We work with the client's chosen legal, tax and accounting advisers and can coordinate with independent specialists where required.

How do I speak with the Cyprus team?

Contact Stelios Kazamia, Managing Director of Affinity (Cyprus) Limited:

Email: stelios@affinityco.com
Telephone: 97 870512
Office: Byzantiou 40-42, Floor 1, Flat/Office 102, 2064 Strovolos, Cyprus