Financial licences in Cyprus

Investment firms, fund managers, payment and e-money institutions need authorisation from CySEC or the Central Bank of Cyprus. We prepare the application, policies and substance.

RegulatorsCySEC, Central Bank
ForInvestment, payments, funds
Owner review30–50 working days at the Central Bank (pre-application)
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Limassol seafront towers and marina on a sunny morningChecked 24 October 2026

Steps and timeline

  1. 1

    Scope and licence type

    Payment and e-money licences start with a Central Bank pre-application stage: €5,000 non-refundable fee, review of the owners within 30 working days (50 if an enhanced due diligence report is asked for) and a meeting.

    2–4 weeks
  2. 2

    Application file

    Business plan, policies, people.

    2–4 months
  3. 3

    Review and approval

    months

Official forms explained

Official forms: Form 87-00-01 · how to fill it in, Form 87-00-11 · how to fill it in, PI application form · how to fill it in

Who does what

What you do

  • Share your situation and goals
  • Collect documents from home
  • Agree the scope of work in writing

What we do

  • Check the requirements for your case
  • Prepare the documents and file the application
  • Follow up until the decision

Your coordinator

  • Plans the work and next steps
  • Keeps one timeline for everything
  • Reminds you of renewals and deadlines

What affects the cost

The price depends on your situation. We explain the scope and expected costs before work begins.

Your situationNumber of peopleUrgency

Questions

Can a start-up get a licence?

Yes, with capital, qualified people and substance in Cyprus.

Sources

Figures checked 24 October 2026. Rules change: we confirm them for your case before you act.

Check your case for free

A coordinator replies within one working day with the next steps.

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