Cyprus referred to European Court of Justice for failure to transpose Trade Secrets Directive (EU)2016/943.
Following its meeting on 30 October 2020, the European Commission (‘EC’) has taken the decision to refer Cyprus to the European Court of Justice (the ‘ECJ’). This is due to the failure of the Cypriot government to notify the EC that it will take measures to transpose the Trade Secrets Directive (EU) 2016/943 (the ‘Directive’) […]
11th Limassol Economic Forum attracts record attendance from CEOs seeking guidance in troubled seas!
The Limassol Economic Forum (‘LEF’) has established itself as the premier business event in Cyprus regularly attracting leading political, economic, professional and business figures as both speakers and audience. Given recent social and economic turbulence it is no surprise that this year’s topic “What it takes to be a CEO in the 2020s?” also attracted […]
Parliament grants further payment extension for VAT amounts suspended as part of Covid 19 business cashflow relief measures.
On 30 October 2020 Parliament passed amending law 147(1)/2020 relating to the due date for payments of VAT which had, under measures introduced in March 2020, been deferred until 10 November 2020. The law relates to VAT payable which arose for VAT periods ending on 29 February 2020, 31 March 2020 and 30 April 2020. […]
Elias Neocleous & Co LLC is the both the largest and the top performing law firm in Cyprus with established professional networks across the globe. However, as Managing Partner Elias Neocleous, recently commented, being a truly great firm involves recognizing that we are part of a much wider community and, that we have a Corporate […]
This authoritative Legal 500 tax guide is now available to view online. The aim of the guide is to provide its readers with a pragmatic overview of the tax laws and regulations across a variety of jurisdictions. Each chapter of this guide provides information about withholding tax, transfer pricing, the OECD model, GAAR, tax disputes […]
Colleagues Linda Stokes and Michael Pelosi recently had an article about the Cyprus Film Incentive Scheme (the ‘Scheme’) published in the Cyprus Mail. The article explains the core features of the Scheme and highlights the importance of the soon to be released Nicolas Cage movie “Jiu Jitsu” to its perceived success. The article may be […]
The October 2020 edition of Forbes Magazine includes an interview with our managing partner, Elias Neocleous. In the interview Mr. Neocleous highlights the relationship between the growth of the Cyprus services sector and the Cyprus economy and, the part that Elias Neocleous & Co LLC has played in advancing this growth. He emphasizes the need […]
Elias Neocleous & Co LLC is again proud to sponsor the 2020 Limassol Economic Forum. The Forum is the most important annual business conference in Cyprus attracting senior business executives, academics, politicians, and a variety of public officials from around the world. In a break with tradition, due to Covid 19 restrictions, this year’s conference […]
It is with great pleasure and pride that we announce the election of our Firm’s Partner, Mr. Nicolas Tsardelis, as a member of the Council of Cyprus Bar Association, after polling which took place on 15 October 2020. Following the elections he was also appointed as a secretary of this Board. Moreover, as a result […]
The 2020 Reflect Festival closed its ‘virtual’ doors on Saturday afternoon having staged a successful event for the third consecutive year. Reflect Festival connects businesspeople, corporates, entrepreneurs, academics, students, scientists, and technology and IT specialists from near and far. We are very proud to have supported this event which attracted thousands of ‘visitors’ from 61 […]