The 2003 Faroe Islands Cup was played between 9 March and 29 July 2003. The cup was won by B36 Tórshavn.
The matches were played on 9 March 2003.
The matches were played on 15 and 16 March 2003.
The second round (group stage) was played between 22 March and 21 April 2003.
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The matches were played on 3, 4 and 7 May 2003.
The first legs were played on 11 May and the second legs on 18 May 2003.