News and developments
Cyprus: Family Office Comparative Guide 2025
E & G Economides LLC has prepared a detailed comparative guide on the family office landscape in Cyprus, focusing on legal, tax, and operational aspects that ultra-high net worth families should consider when structuring or managing their affairs.
Key points covered include:
The family office concept in Cyprus – its gradual evolution, adoption by UHNW families, and growing significance in wealth management.Models and structures – distinctions between single-family and multi-family offices, with an outline of the services each typically provides.Ownership options – including direct family ownership, trusts, and private trust companies, alongside governance considerations and benefits of each approach.Practical setup and operations – guidance on establishment steps, cost implications, substance requirements, and ongoing compliance with tax, corporate, and AML obligations.Governance and risk management – from internal policies and oversight to mechanisms for dispute resolution and long-term continuity.Emerging trends – anticipated regulatory and tax changes, including the Cyprus non-dom regime, and shifts in estate planning practices.The guide is designed to serve as a reference for families, advisors, and stakeholders seeking clarity on family office structures in Cyprus.
Read the full text here: Family Office Comparative Guide
Content supplied by E & G Economides LLC
