Abolition of Annual Levy

Companies established prior to 2024 were obligated to pay an annual corporate levy by June of every year amounting to EUR350 according to section 391 of the Companies Law, as introduced during the year 2011 with the Amendment Law 117(I)/2011.   On 21 February 2024 the President of the Republic of Cyprus, announced the decision […]

Elias Neocleous & Co LLC and W11 Ventures announce strategic partnership

Elias Neocleous & Co LLC (ENC) and W11 Ventures are pleased to announce that they have entered into a powerful partnership to deliver strategic, multi-functional seed to scale advisory services to industry and investors from across the globe. This partnership combines ENC’s multidisciplinary legal expertise and tech-driven approach to solving complex legal challenges with W11’s […]

Notable recognitions in Chambers Global Guide 2024

Elias Neocleous & Co LLC, alongside Managing Partner Elias Neocleous and Partner Demetris Roti, have earned notable recognition in the Chambers Global Guide 2024 for General Business Law, maintaining their standard of excellence. The Chambers Global Guide, renowned for its comprehensive and independent legal rankings, evaluates the top lawyers and law firms in over 200 […]

Legal500 GC Summit Cyprus 2024: Navigating the legal landscape of remote work

Elias Neocleous & Co LLC (ENC) displayed its expertise at the 2024 CG Summit Cyprus, a notable gathering hosted by the Legal500, which saw the participation of legal professionals, industry experts, and key decision-makers from across the country. The firm’s expertly curated panel discussion not only addressed the complexities of the Remote Work revolution but […]

Elias Neocleous & Co LLC joins the SECUR-EU Project Consortium

Our firm’s Tech Law department is now a proud member of the SECUR-EU Project Consortium, a significant initiative aimed at enhancing cybersecurity in SMEs and Critical Infrastructure across the European Union. SECUR-EU project overview The SECUR-EU project is dedicated to fostering a unified culture of cybersecurity posture and awareness, particularly among SMEs and Critical Infrastructure. […]

Prioritizing the restoration of Cyprus’ name and reputation

In a new interview with InBusinessNews, our firm’s Managing Partner, Elias Neocleous, addresses the challenges and prospects facing the Cypriot economy and the services sector in 2024, highlighting the need for decisive action to protect the country’s reputation as an attractive business destination. Further, he identifies the need for a coordinated effort by the government, […]