CYFA Announcement#07/2025 – Tax Reform

We would like to inform you that on Wednesday, February 26th 2025, the Economic Research Center (ERC) of the University of Cyprus and the Project Team presented at the Presidential Palace their proposals on the “Tax Reform” project. The relevant presentations are available on the ERC website at the following link: Third Meeting with Agencies – Economics Research Centre (CypERC)

Representatives of the Cyprus Fiduciary Association attended the meeting and presentation, ensuring that our Association remains informed and actively engaged in the process.

As announced, a consultation period of three weeks has been set, with a deadline of March 19, 2025, for the submission of comments, observations, and suggestions in relation to the proposals.

CYFA will carefully review the proposals while also collecting feedback from its members. Members who wish to submit their opinions are kindly requested to do so in writing through email communication at info@cyfa.org.cy by the 12th March 2025.

CYFA remains at the disposal of its members for any clarifications or further assistance regarding this consultation process.