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Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
Our Managing Partner Elias A. Neocleous addresses 7th Cyprus Professional Services Conference “Rising to meet challenges
The 7th Cyprus Professional Services Conference took place in Nicosia on 24th May 2022. Chaired by Harris Pistos, Director of International Banking at Bank of Cyprus, the theme of the conference was ‘Rising to meet challenges’ and clearly, with the after-effects of the pandemic and the current war in Ukraine, there was much to be […]
Finalists for EMEA Women in Business Law Europe Awards 2022 revealed
The Women in Business Law Europe Awards recognise leading women for their contributions to the practice of business law and also firms that have developed the most progressive initiatives towards diversity and inclusion from throughout the continent. The awards attract entries from the most prestigious law firms across Europe and the UK with past winners […]
Commercial and Admiralty courts and litigation in English; Cyprus Justice becoming business friendly
There is no doubt that the professional services sector is a vital pillar of Cyprus economy. Considering that Justice is one of the country’s principal institutions, the quality of which directly relates to the country’s economic growth, it is logical that its operation should attract a fair share of attention from business, professionals and the […]
Council of Ministers’ bill introduces new incentives for businesses
A bill was approved this week by the Council of Ministers, and has been introduced before the Parliament for enactment into law. The bill introduces a new Business Attraction Program – with the aim to establish Cyprus as a primary investment hub and destination for entrepreneurs and businesses. The new program’s scope also extends to attracting both […]
Sanctions, Fraud and Asset Recovery in a Turbulent World” – Elias Neocleous & Co LLC hosts 34th ICC Fraudnet Conference.
Hosted by Elias Neocleous & Co LLC in Limassol, Cyprus, the 34th ICC Fraudnet Conference and ensuing business meetings took place 5-7 May 2022. FraudNet is a worldwide network of independent lawyers who are the leading civil asset recovery specialists in each country. Founded in 2004 by the Paris-based International Chamber of Commerce (ICC), ICC […]
‘DIGITAL NOMADS VISA SCHEME’
The Cyprus Digital Nomad Visa Scheme was introduced in Cyprus with effect from October 15, 2021, pursuant to the decision of the Council of Ministers. Core to the Scheme’s goals is, the strengthening and promotion of Cyprus as a hub for the provision of digital and electronic services and, in achieving this, contributing to the […]
GOOD NEWS FOR CYPRUS START UP COMPANIES: AGREEMENT FOR THE ESTABLISHMENT OF A CYPRUS EQUITY FUND
After many months of negotiations between the Ministry of Finance and the European Investment Fund (EIF), a Financing Agreement for the assignment of the Management of the Cyprus Equity Fund (CEF) to the EIF was signed by the Minister of Finance, Mr. Konstantinos Petridis, today. The CEF will invest mainly in start-up and innovative Cypriot […]
‘Extremely knowledgeable, strategic and effective’ – Perfection achieved in 2022 Legal 500 EMEA rankings!
The 2022 Legal 500 Europe, Middle East & Africa rankings have been released and for the second consecutive year we are delighted to report that Elias Neocleous & Co LLC has received a Tier 1 rating in all nine categories reviewed. We are the only law firm in Cyprus to achieve this. Legal 500 has […]
The Income Tax Return for the year 2021 is now open for submission
The Tax Department of Cyprus has announced on 8 April 2022 that the submission of personal tax returns for the year 2021 is now open, via TaxisNet. Pursuant to Directive ΚΔΠ 51/2022 issued by the Council of Ministers, there is an obligation on employees, pensioners and self-employed individuals who do not prepare audited financial statements (Form T.D.1) […]
Partner Costas Stamatiou was a speaker at the 16th Fraud, Asset Tracing & Recovery Conference
Our Partner Costas Stamatiou was a speaker at the C5 Fraud, Asset Tracing & Recovery Conference which was held in Geneva between the 24th and 25th of March 2022. Costas had the opportunity to discuss recent trends and developments in relation to fraud and asset tracing in Cyprus including the effects of the newly anticipated […]
Elias Neocleous & Co LLC and the Cyprus Institute of Marketing – producing our next generation of lawyers!
Elias Neocleous & Co LLC is proud to announce that it has entered into a strategic partnership with the premier business school in Cyprus, The Cyprus Institute of Marketing (CIM). The initial focus of our partnership efforts will be assisting CIM in delivering its new LLB (hons) programme. The programme has been developed in conjunction […]
Cyprus sets up working group to guide professionals on economic sanctions
In view of the extraordinary circumstances created due to the situation in Ukraine, a decision has been made for the set-up of a working group (the “Group”) responsible for the coordination and procedures for the implementation of the economic sanctions decided at an EU institutional level, providing guidelines to market participants in need of guidance. […]