CySEC Licensing in Cyprus (CIF & MiCA / CASP)

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End-to-end licensing support for regulated financial and crypto-asset businesses – from scoping and application packs to ongoing compliance.

We support two high-demand CySEC pathways: CIF licensing (Cyprus Investment Firms under MiFID) and MiCA “licence” projects – formally CySEC CASP authorisation. Our focus is documentation quality, governance alignment, and operational readiness that stands up to regulatory review.

CySEC Licensing in Cyprus

CySEC Licensing in Cyprus: CIF vs MiCA (CASP Authorisation)

Operating in regulated sectors in Cyprus often requires specific CySEC (Cyprus Securities and Exchange Commission) approvals and a defensible operating model. The process is documentation-heavy and highly dependent on governance, internal controls, and the practical ability to run the business in a compliant way.

At IBCCS TAX Cyprus, we support licensing projects by mapping your business flow to the correct regulatory scope, preparing the application pack and supporting documentation, and aligning your compliance framework with real operations – from day one.

If your business provides regulated investment services, you may require a CySEC CIF licence (Cyprus Investment Firm / MiFID framework). If you provide crypto-asset services within MiCA scope, you may need CASP authorisation (often searched as “MiCA licence Cyprus”).

In simple terms: CIF covers regulated investment services under MiFID, while CASP authorisation covers crypto-asset services under MiCA.

Choosing the correct route starts with regulatory scoping: what you do, who your clients are, where you serve them, and how funds or assets move through your model.

Which route applies to your business model?

Navigating CySEC licensing is a critical step for any business operating in a regulated environment. Our team acts as your dedicated partner, managing the licensing workflow from start to finish. We provide strategic guidance to help you confirm the correct regulatory route, prepare a robust documentation pack, and support structured communication throughout the review cycle.

Where your model falls under CIF licensing or MiCA / CASP authorisation, we focus on consistency: the application narrative must match your operational flow, governance, and compliance controls – to reduce avoidable delays.

Most licensing issues come down to service definitions and operational reality. We typically begin by mapping:

  • your products and services (and what you do not do)
  • your onboarding journey and client type (retail/professional, B2C/B2B)
  • money/asset flows (fiat and/or crypto-asset flows, custody arrangements, third parties)
  • your structure and outsourcing model
  • your growth plan (including EU cross-border intentions)

 

This is the fastest way to confirm whether you need CIF, MiCA / CASP, or a structural change before you apply.

What we deliver in a CySEC licensing project

While each project is different, two licensing areas consistently drive the most complex requirements and the strongest market demand: CySEC CIF licensing and MiCA CASP authorisation.

We help clients confirm the correct scope, prepare application documentation, and structure internal controls to match regulator expectations – without losing sight of the operational set-up needed to run compliantly after approval.

We support end-to-end licensing projects or specific modules (depending on your in-house capabilities), typically covering:

  • Regulatory scoping & licensing strategy (CIF vs CASP, permissions roadmap)
  • Readiness assessment & gap analysis (what must exist before filing)
  • Governance and operating model alignment (roles, oversight, reporting lines)
  • Policy and procedures framework support (AML, risk, outsourcing oversight, complaints, conflicts)
  • Application pack coordination (structured file build, evidence pack, consistency control)
  • Review-cycle support (structured responses, clarity packs, narrative alignment)
  • Post-authorisation compliance planning (monitoring routines, policy upkeep, operational discipline)

Documentation, governance and compliance readiness

Related operational support often required for approval

A Foundation for Compliant Operations in Cyprus

At IBCCS TAX Cyprus, we understand that licensing is the foundation of a compliant and scalable business. True to our principle, “We turn challenges into opportunities,” we handle the regulatory complexity so you can focus on launching and growing your operations with peace of mind.

If you are unsure which authorisation applies, we can assess your business flow and confirm whether your activity falls under CIF, MiCA / CASP, or whether a structural adjustment is needed before proceeding.

  • CySEC CIF Licence in Cyprus (Cyprus Investment Firm / MiFID): Support for investment services models, including regulatory scoping, application pack preparation, governance readiness, internal procedures (including AML), and structured CySEC liaison.
  • MiCA “Licence” in Cyprus (CySEC CASP Authorisation): Formally, authorisation as a Crypto-Asset Service Provider (CASP) under MiCA. We support MiCA readiness, operating model alignment, application pack build, and ongoing MiCA compliance planning.

Frequently Asked Questions

If your core activity is an investment service under the MiFID framework, a CIF licence is typically relevant. If you provide crypto-asset services within MiCA scope, you typically need CASP authorisation (commonly referred to as a “MiCA licence”). The correct route depends on service scope and flows.

Potentially, yes. In many cases it is operationally cleaner to separate activities by entity, but this is assessed case-by-case.

Yes. Regulated operations require ongoing monitoring, governance routines and policy maintenance. We can support on a retained or project basis.

A short business overview, client type, jurisdictions served, funds/assets flow, structure, stakeholders, and target timeline.

We support licensing projects focused on CySEC CIF licensing and MiCA / CASP authorisation. Our work typically includes regulatory scoping, documentation preparation support, compliance alignment, application packaging, and structured liaison during the review cycle. We also support operational readiness and ongoing compliance planning after approval.

It depends on your services, client type (B2C/B2B), how funds and assets move, and whether you provide investment services under MiFID or crypto-asset services under MiCA. We start with a scoping review and then outline the correct route and documentation roadmap.

A CIF (Cyprus Investment Firm) is a CySEC-regulated entity authorised to provide specific investment services (scope depends on permissions requested). If your model involves regulated investment services, CIF licensing may be relevant.

“MiCA licence” is common market wording. Formally, it is CySEC authorisation as a Crypto-Asset Service Provider (CASP) under MiCA, for firms providing crypto-asset services within MiCA scope.

CIF typically relates to investment services under the MiFID framework; CASP relates to crypto-asset services under MiCA. Some models overlap, so scoping is essential.

We typically manage scoping, documentation planning and drafting support, compliance framework alignment, application packaging, and structured communication during the review cycle. Where licensing depends on operational readiness, we also advise on practical set-up so the narrative matches real operations.

Yes. We support both local and international founders, including structuring and launch planning as part of a broader operational set-up.

Looking For CySEC Licensing Support?

Reach out to our experts in Cyprus, Limassol.

Our Team

Cezary Zieniuk International Tax Advisor

Cezary Zieniuk, ADIT

IBCCS TAX Founder
International Tax Advisor

Jowita Jablonska, ADIT

managing partner
International Tax Advisor

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Need to secure a license in Cyprus?

Contact our team to navigate the licensing process with confidence.

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