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We would like to inform that Association representatives met on Wednesday, 10th September 2025 with the Registrar of Companies. During the meeting we had the opportunity to exchange views on latest industry developments and on how the overall framework can be improved for the benefit of industry, focusing in particular on the upcoming modernisation of...
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Press Release: Signing of a Memorandum of Understanding between the Cyprus Chamber of Commerce and Industry (CCCI) and the Cyprus Fiduciary Association (CYFA) In an important initiative aimed at further developing the fiduciary and administrative services sector and promoting Cyprus as a reliable international hub in this field, the Cyprus Chamber of Commerce and Industry...
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We are pleased to inform you that the Cyprus Fiduciary Association (CYFA) has signed a Memorandum of Understanding (MoU) with the Institute of Certified Public Accountants of Cyprus (ICPAC). The agreement signed on the 3rd September 2025, lays the foundation for a closer and more targeted collaboration between the two bodies, with the shared aim...
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The Association would like to bring to your attention you that the Department of the Registrar of Companies and Intellectual Property has issued an Announcement dated 25th August 2025 informing all companies incorporated or registered under the Companies Law, Cap. 113, all European Public Limited Companies (SEs), and all Partnerships (hereinafter referred to as “Organizations”),...
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We wish to inform you that the Ministry of Finance has launched on the 18th July 2025 a public consultation on the a package of tax reform bills, available through the official government e-consultation platform. The reform package includes significant proposals aimed at modernising the tax system of Cyprus and given the potential implications for...
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Further to CYFA’s previous announcement (#9/2025), we would like to inform you that Law No. 69(I)/2025 has been published in the Official Gazette of the Republic of Cyprus (Issue No. 5039, dated 30 May 2025). The new law amends the existing legislative framework regulating entities providing administrative services and related matters from 2012 to 2020....
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The Cyprus Fiduciary Association is pleased to inform its members of the recent Parliamentary approval (15th May 2025) of a legislative amendment to the Law Regulating Companies Providing Administrative Services and Related Matters (ASP Law). This amendment introduces, for the first time, an institutionalized framework for consultation between the competent supervisory authority and organized representative...
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The Cyprus Fiduciary Association (CYFA) is pleased to announce a strategic partnership with Alpha Bank Cyprus, establishing an exclusive sponsorship within the banking sector for the year 2025. Alpha Bank Cyprus, a leading financial institution known for its commitment to excellence and innovation in banking solutions, will now serve as the association’s exclusive sponsor, supporting...
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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...
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The Cyprus Fiduciary Association (CYFA) is pleased to announce that it has been officially approved as a recognized training center by the Cyprus Bar Association (click here). This prestigious accreditation underscores the Association’s commitment in enhancing professional education and development within the corporate and legal sectors. This approval further empowers the Association to provide high-quality...
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