Administrative Services Provider (ASP) authorisation (Cyprus)
The Administrative Services Provider (ASP) authorisation is issued by Cyprus Securities and Exchange Commission (CySEC) under The Regulating Companies Providing Administrative Services and Related Matters Law of 2012 (Law 196(I)/2012). It is a national licence: it does not give a passport to other EU/EEA states. The official register lists 126 current holders. Ownership changes need the regulator's approval before completion.
At a glance
| Official name | Administrative Services Provider (ASP) authorisation1 |
|---|---|
| Issued by | Cyprus Securities and Exchange Commission |
| Jurisdiction | Cyprus |
| Licence family | Trust and corporate service provider (TCSP) |
| Legal basis | The Regulating Companies Providing Administrative Services and Related Matters Law of 2012 (Law 196(I)/2012)2 |
| Passporting | Domestic only |
| Public register | official register1 |
| Current holders | 1261 |
What it lets you do
- Trust and company services. Forming companies, acting as or arranging directors, nominee shareholders and trustees, and providing a registered office.
Where it is valid
Buying a company that already holds it
Prior notification with an objection period. Any natural or legal person proposing to acquire or increase, directly or indirectly, a qualifying holding reaching or crossing 10%, 20%, 30%, or 50% in a CIF, AIFM, or CASP, or to achieve control making it a subsidiary, must submit prior written notification to CySEC under Sections 12 and 13 of Law 87(I)/2017 and MiCA Article 83. CySEC acknowledges receipt within two working days and has a statutory assessment period of 60 working days to oppose the acquisition based on reputation, financial soundness, AML risks, and fit-and-proper criteria. The assessment period may be interrupted once by up to 20 working days (or 30 working days for non-EU entities) to request additional information. If CySEC does not object in writing before expiry, the transaction is deemed approved. Closing without CySEC non-opposition suspends voting rights and risks statutory penalties.3
Sources
- cysec.gov.cy: list · retrieved 2026-09-24
- cysec.gov.cy: asp · retrieved 2026-09-24
- cylaw.org: full · secondary · retrieved 2026-09-24
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