Insights
Publications
Explore our latest publications and legal insights. Sharing knowledge on key legal and industry developments.
How and when should you transfer property ownership to your children?
The article “How and when should you transfer property ownership to your children?” explores key legal and practical considerations involved in gifting immovable property during one’s lifetime in Cyprus. It highlights the benefits of early transfer—such as peace of mind, probate avoidance, and favourable tax treatment—while also addressing potential pitfalls including loss of control, family […]
Not Everything Is Entirely Black
Not everything is entirely bleak in Cyprus’s justice system. While public trust in the judiciary has declined in recent years, three recent developments highlight both the problems and potential for reform. The European Court of Human Rights (ECHR) condemned Cyprus for mishandling a rape allegation involving a political figure, criticizing the Attorney General’s unchecked use […]
Updated Cyprus Tax Overview: Emphasis on Substance, Anti-Avoidance, and Withholding Tax Measures
Cyprus has significantly strengthened its tax framework to align with international standards on transparency, substance, and anti-avoidance. Key reforms include implementing General Anti-Abuse Rules (GAARs), adopting the OECD’s BEPS Action Plan, and transposing the EU Anti-Tax Avoidance Directive (ATAD) into domestic law, among other. The country has also recently introduced a two-phase withholding tax (WHT) […]
A simpler page for businesses in the EU? Overviewing the Omnibus Packages of Simplification Measures
The Omnibus Simplification Package, introduced by the European Commission in February 2025, aims to ease sustainability compliance burdens on EU businesses, particularly small and medium-sized enterprises (SMEs), by simplifying key legislative frameworks such as the CSRD, CSDDD, EU Taxonomy, CBAM, and InvestEU. The proposals include reducing administrative costs by up to 35% for SMEs, narrowing […]
Cybersecurity in the AI era
In an era of rapid technological advancement, the question for modern businesses is not if they will face a cyberattack, but when. This article by Michael Ioannou, Chief Information Officer at Elias Neocleous & Co LLC, explores the critical role of cybersecurity in our digital world. As Artificial Intelligence reinvents business capabilities, it also introduces […]
The Dagger of Love: Duo Euthanasia and the Final Choice
The article explores the evolving concept of duo euthanasia, where couples choose to die together as an expression of love and autonomy, and how this practice intersects with varying legal and ethical frameworks across Europe. While countries like Switzerland, Belgium, and the Netherlands have legalized assisted dying, often viewing it as a personal right, Cyprus […]
The EU Cyber Resilience Act: Navigating the Digital Frontier with “The Good, The Bad, and The Ugly”
The EU Cyber Resilience Act (CRA) is a landmark regulation aimed at enhancing cybersecurity across all digital products in the EU market. By shifting responsibility from end-users to manufacturers and developers, the CRA mandates security by design and default, requiring robust protection measures throughout a product’s lifecycle. It seeks to build consumer trust, encourage innovation, […]
Violence and Harassment at work: Guide for Employers and Employees
Violence and harassment in the workplace are not only violations of individual rights—they also erode trust, safety, and productivity across entire organizations. As awareness grows globally, countries are taking legislative action to create safer working environments. In this context, Cyprus has introduced a new legal framework aimed at preventing and addressing such behavior, offering both civil and criminal remedies. […]
Restructuring and Insolvency in Cyprus – Overview
Elias Neocleous, Demetris Roti, Fanis Onisiforou, and Alexandros Neofytou of Elias Neocleous & Co LLC have authored the Cyprus chapter of Restructuring and Insolvency for Practical Law Global. This comprehensive Q&A guide provides a high-level overview of Cyprus’s legal framework for restructuring and insolvency. It covers key topics including common forms of security over immovable […]
CIO Michael Ioannou on AI Strategy and Legal Transformation at Elias Neocleous & Co LLC
In an interview with Gold Magazine, Michael Ioannou, Chief Information Officer at Elias Neocleous & Co LLC, discusses how the firm is leveraging AI tools—including its proprietary Neolaw AI and platforms like ChatGPT—to enhance legal research, streamline workflows, and significantly boost productivity, achieving measurable ROI within six months. He highlights the importance of secure, tailored […]
Navigating the Complexities of FATF Grey-Listed Countries: Risks, Strategies, and Opportunities
This article explores the European Union’s recent decision to delay the implementation of the Corporate Sustainability Reporting Directive (CSRD) in an effort to simplify the sustainability reporting process for companies. The CSRD aims to standardize Environmental, Social, and Governance (ESG) disclosures across large companies within the EU, with the goal of enhancing transparency, accountability, and […]
From a globalization-centered model to a more regional and (hopefully) resilient
In an interview with Forbes Magazine for Maritime Today: Trends and Challenges in the Sector, Vassilis Psyrras discusses how global economic shifts are reshaping the maritime industry, driven by factors such as geopolitical tensions, a pivot toward regional trade, and increasing decarbonization pressures. He highlights the importance of digitalization, green technology, and smarter shipping practices, […]