# Administrative Services Provider (ASP) authorisation (Cyprus)

Source page: https://protegra.io/licensing/licences/trust-company/cyprus-asp/

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) authorisation [1] |
| --- | --- |
| Issued by | [Cyprus Securities and Exchange Commission](https://protegra.io/licensing/regulators/cysec-cyprus/) |
| Jurisdiction | [Cyprus](https://protegra.io/licensing/jurisdictions/cyprus/) |
| Licence family | [Trust and corporate service provider (TCSP)](https://protegra.io/licensing/licences/trust-company/) |
| 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 register](https://www.cysec.gov.cy/en-GB/entities/asp/list/) [1] |
| Current holders | 126 [1] |

## What it lets you do

- [Trust and company services](https://protegra.io/licensing/activities/trust-corporate-services/)

- **Trust and company services.** Forming companies, acting as or arranging directors, nominee shareholders and trustees, and providing a registered office.

## Where it is valid

_Valid in Cyprus._

## 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

1. [cysec.gov.cy: list](https://www.cysec.gov.cy/en-GB/entities/asp/list/): retrieved 2026-09-24
2. [cysec.gov.cy: asp](https://www.cysec.gov.cy/en-GB/legislation/services-markets/asp/): retrieved 2026-09-24
3. [cylaw.org: full](https://www.cylaw.org/nomoi/enop/non-ind/2017_1_87/full.html): retrieved 2026-09-24

Last verified 2026-09-24 · Author: Danil Marmysh · Reviewed by Anastasia Sidorenkova · © Protegra. Data: CC BY 4.0, cite "Protegra Licensing Atlas". Not legal advice.