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Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
Unprecedented success for Elias Neocleous & Co LLC lawyer trainees in the Cyprus Bar Exams
We are thrilled to announce that all participants in our 2022-2023 Lawyer Trainee Program have achieved unprecedented success in their first attempt at the Cyprus Bar Exams. With a 100% pass rate, noting that across Cyprus some 40% of trainees failed to pass the bar exams, makes their achievement that much more notable. We extend […]
Elias Neocleous & Co LLC once again achieves Band 1 ranking in Chambers High Net Worth Guide 2023!
We are delighted to announce that for the 5th consecutive year, both the Elias Neocleous & Co LLC (‘ENC’) Private Client department, and Head of Department Elias Neocleous, have been listed in the ‘Band 1’ category of the Chambers High Net Worth Guide 2023 (‘HNW’). The Chambers HNW Guide is a world-renowned, leading independent publication […]
Elias Neocleous & Co LLC and Elena Christodoulou shortlisted for 2023 ITR EMEA Tax Awards!
The shortlist for the annual ITR EMEA Tax Awards has been released and we are proud to announce that our firm has once again been nominated in two key categories, ‘Tax Firm of the Year’ and ‘Transfer Pricing Firm of the Year’ In addition, Senior Associate Elena Christodoulou has also been shortlisted for the esteemed ‘Rising Star’ […]
Amendment to Article 8(23A) of the Income Tax Law
The House of Representatives recently voted on further amendments to the Income Tax Law relating to the provisions of the Article 8(23A). Article 8(23A) provides for a 50% exemption from income tax on the employment income of an individual who meets certain criteria. Following the recent announcement, we highlight the main amendments: The term “1st […]
Tax Alert – 2023 Provisional Tax Return
The deadline for submitting the 2023 Provisional tax return for the year ending 31 December is 31 July 2023. A provisional tax calculation which is a rough estimate of taxable profit, should be filed to calculate the provisional tax liability for the current year. The payment of the respective liability must be paid in two […]
Extension to the filing date of the Individuals’ 2022 Tax Return and payment date of the relevant due tax
The Cyprus Tax Department has recently announced that, pursuant to a Decree of the Council of Ministers published on 9 June 2023 (ΚΔΠ 183/2023), the deadline to file an Individual’s Tax Return (with the exception of self-employed individuals who prepare audited financial statements) for the Tax Year 2022, and the payment date of the relevant […]
Elias Neocleous & Co LLC receives accolade at the 2023 EMEA Women in Business Law Awards
We are thrilled to announce that Elias Neocleous & Co LLC was the recent recipient of a Jurisdictional Award at the 2023 Women in Business Law Awards for Europe, the Middle East and Africa (EMEA). Founded in 2011, the Women in Business Law Awards are associated with ‘International Financial Law Review’, ‘International Tax Review’, ‘Managing […]
Antonia Monogyiou featured in 15th anniversary edition of INBusiness Magazine
Antonia Monogyiou, Associate, Data Protection Officer, and Head of the Innovation Hub team at Elias Neocleous & Co LLC has been featured in the 15th anniversary edition of the INBusiness Magazine. In this feature, Antonia touches on the firm’s most recent accolade, the prestigious IN Business Award 2022 in the category Business Innovation, in recognition […]
Owners of Cyprus trademark emerge triumphant in cancellation proceedings
A reasoned decision was delivered by the Cyprus Registrar of Intellectual Property in respect of trademark cancellation proceedings instigated by the U.K. based registered owners of the trademark “AUTOGLASS SPECIALS” against G. TRIKKIS & SONS LTD, a top automotive glass company in Cyprus to whom ownership of the “TRIKKIS AUTOGLASS” trademark belongs. Elias Neocleous & […]
Elias Neocleous & Co LLC Honoured with Business Innovation Award for Advancing Industry Standards with Neolaw.ai
We are proud to announce that Elias Neocleous & Co LLC was the recipient of the prestigious IN Business Award 2022 in the category Business Innovation for its groundbreaking contributions to advancing industry standards. This honour is a direct reflection of our firm’s ongoing commitment to pushing the boundaries of innovation and driving technology transformation in the […]
Celebrating 20 Years of STEP in Cyprus
Kyriacos Xenophontos, Partner at Elias Neocleous & Co LLC (and Member of the Board of STEP Cyprus) attended the highly anticipated STEP Conference held on 25 May 2023, titled “New Perspectives in the Trusts Industry vs Global Challenges”. This a significant year for STEP Cyprus as it celebrates its 20th anniversary. Hosted at the Four […]
New announcements by the Cyprus Tax Department on tax payments and Stamp Duty
The Cyprus Tax Department has recently announced a change in the method for taxpayers in settling their tax liabilities as from May 3, 2023, and the release of a new updated version of the Stamp Duty Calculator. Pursuant to the announcements, taxpayers are advised that tax payments can no longer be executed through JCC Smart, […]