EXAMINERSHIP: saving viable companies from insolvency?
Until recently insolvent companies registered in Cyprus had only two options: to come to a compromise with their creditors, or to be wound up. Arriving at a compromise depended on retaining the goodwill and cooperation of all the creditors until the process was complete: there was nothing to stop any creditor taking individual enforcement action […]
Double tax agreement between Cyprus and Iran enters into force
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Apr. 27, 2017 Author: Philippos Aristotelous Publisher: International Law Office Practice area:TAX LAW, TAX PLANNING AND ADVANCED BUSINESS STRUCTURING [/gdlr_column] [/gdlr_row] [gdlr_post_slider category=”publications” num_fetch=”3″ num_excerpt=”25″ caption_position=”bottom” thumbnail_size=”medium” orderby=”date” order=”asc” ]
Citywealth interview with Elias Neocleous
Citywealth, the leading portal for ultra-high net worth clients and their advisers and managers working in the private wealth sector, produces a range of publications, events, training and networking groups which bring together different segments of the market to build business and raise standards in the sector, connecting global private wealth management professionals and private […]
Extension of submission date for employee tax returns
The Cyprus Tax Department has announced an extension of the date for submission of the Employee Income Statement for the tax year 2016. Printed forms must be submitted no later than 2 May 2017 and returns submitted electronically via the “Taxisnet” system must be submitted no later than 30 September 2017. In every case, both […]
First Supreme Court judgment on Rent Control Court’s jurisdiction to issue summary judgments
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Apr. 21, 2017 Author: MARINA JOUD Law Firm: Elias Neocleous & Co LLC Publisher:International Law Office Practice area: LITIGATION, DISPUTE RESOLUTION AND ARBITRATION [/gdlr_column] [/gdlr_row]
Double tax agreement between Cyprus and Jersey
[gdlr_row] [gdlr_column size=”1/4″] [/gdlr_column] [gdlr_column size=”3/4″] Apr. 21, 2017 Author: ELENA CHRISTODOULOU Law Firm: Elias Neocleous & Co LLC Publisher:International Law Office Practice area: CORPORATE AND COMMERCIAL [/gdlr_column] [/gdlr_row]
Seminar on recovery and restructuring
On 5 April a team from our firm, led by Maria Kyriacou, head of our Nicosia office, presented a seminar for senior personnel of one of the leading local banks on the topic of dealing with problem debt. The presentation covered all the options available to banks, from informal restructuring and performance improvement to formal […]
Elias Neocleous & Co LLC – top-rated across the board by The Legal 500
The latest Legal 500 rankings for Europe, the Middle East & Africa, released on 12 April, recommend Elias Neocleous & Co LLC as a top-tier firm in all nine practice areas covered by the Legal 500’s research, a distinction which no other Cyprus law firm comes close to emulating. Indeed, in two practice areas, banking […]
Entry into force of the double taxation agreement between Cyprus and the States of Jersey
The double taxation agreement between Cyprus and Jersey, which was signed on 11 July 2016, entered into force on 17 February 2017 following completion of all the requisite ratification procedures. It will take effect with regard to taxes withheld at source in respect of amounts paid or credited on or after 1 January 2018 and […]
Final date for submission of VAT returns in paper form
The Cyprus Tax Department has announced that, in view of the planned implementation of submission of VAT returns in solely electronic form from 2 May, and given that 29 and 30 April and 1 May are public holidays, taxpayers wishing to submit VAT returns for the quarter ending 31 March 2017 in paper form must […]
