Navigating the 12th EU Sanctions Package: Reporting Requirements for Outgoing Fund Transfers
On 16 April the Ministry of Finance made an announcement regarding the imposition of a new reporting obligation, pursuant to the recent 12th EU sanctions package against Russia. In particular, according to the new article 5r of EU Council Regulation 833/2014, a new requirement is introduced to notify, on a quarterly basis, the national competent […]
Global DOERS to reunite at Reflect Festival 2024 this coming May!
The city of Limassol is once more getting ready to host the 7th Reflect Festival 2024, one of Europe’s leading technology and entrepreneurship events that will see startups, tech innovators, investors, and decision-makers from across North Africa, Europe, and the Middle East come together for 2 days of networking, brainstorming, and learning. Elias Neocleous & […]
Partner Costas Stamatiou invited to Cyprus Shipping Deputy Ministry Yearly Review
Partner Costas Stamatiou was invited to attend the reception organised by the Shipping Deputy Ministry on 28 March 2024 at the DP World Passenger Terminal in the Port of Limassol on the occasion of the Cyprus Shipping Deputy Ministry Yearly Review. Costas is a member of the shipping committee of the Cyprus Bar Association. […]
Partner Kyriacos Xenophontas re-elected to STEP Cyprus board
At the annual general meeting of STEP Cyprus, the local branch of the Society of Trust and Estate Practitioners, which was held on 27 March 2023, Kyriacos Xenophontas, partner at Elias Neocleous & Co LLC, was re-elected as a member of the new board of directors of STEP Cyprus for the term 2024-2025. STEP is […]
Setting the bar in legal excellence! Legal 500 awards Elias Neocleous & Co LLC ‘Tier 1’ status across all departments
Once again, Elias Neocleous & Co LLC stands tall as the undisputed leader, securing its Tier 1 ranking across all nine practice areas in the prestigious Legal 500 EMEA – 2024 edition, marking a monumental achievement for another year. With notable dedication and expertise, we continue to maintain a leading position as the sole law […]
Partner Costas Stamatiou joins Europe’s premier gathering for Fraud, Asset Tracing and Recovery, and Insolvency practitioners
The 18th edition of Europe’s premier conference for Fraud, Asset Tracing and Recovery took place in Geneva on 14th and 15th March 2024. Organised by C5, this conference brought together international experts and thought leaders dedicated to combatting fraud and addressing insolvency issues. The event explored crucial topics such as the potential use of AI […]
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 […]
Celebrating the strength, resilience, and achievements of women on International Women’s Day
Today, we honour the remarkable women who contribute their talents, passion, and expertise to make a difference in every corner of the world. At Elias Neocleous & Co LLC, we recognize and celebrate the invaluable contributions of women in shaping our firm’s success and the legal industry at large. We take pride in fostering an […]
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 […]
Costas Stamatiou to speak at the 2024 C5 Fraud, Asset Tracing & Recovery Conference
Costas Stamatiou has been invited to speak at the 18th Edition of C5 Fraud, Asset Tracing and Recovery which will be held in Geneva between 14 and 15th of March 2024. He will be on a panel discussing contentious cross-border insolvency. It will include a discussion on the tools available for exposing fraud and recovering […]
