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News & Events
Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
Non-imposition of administrative penalties concerning tax returns submitted up until 6 December 2021
The Minister of Finance, in order to facilitate taxpayers and their tax consultants, has announced that there will be no administrative penalties imposed for the below mentioned Tax Returns submitted up until Monday, 6 December 2021: Personal Income Tax Return 2020 (TD1 Form) Income Tax Return for Self-Employed with Accounts 2019 (TD1SEmpl Form) Company Income Tax […]
The Shipping Deputy Ministry has launched a tender process for the establishment of a passenger maritime link between Cyprus and Greece
The Shipping Deputy Ministry of the Republic of Cyprus has launched a tender process for the establishment of a passenger maritime link between Cyprus and Greece (Service of General Economic Interest). It is intended that the service will be performed by a Ro-Pax vessel (ferry), flying an EU or EEA flag and complying with all […]
Extension of DAC6 deadline
The Tax Department of Cyprus announced on 22 November 2021 that there will be no imposition of administrative fines with respect to the submission of information on reportable cross-border arrangements under DAC6 until 31 January 2022. The extension is applicable to all reportable cross-border arrangements between 25 June 2018 and 31 December 2021. It is noted that reportable cross-border arrangements […]
Elias Neocleous & Co LLC only Cyprus firm included in 2021 GRR 100 elite listing!
Global Restructuring Review (GRR) has just released its 2021 guide to the world’s leading law firms for cross-border restructuring and insolvency matters. Global Restructuring Review is the world’s only daily news and analysis service on cross-border restructuring and insolvency law and we are delighted to report that for the third successive year Elias Neocleous & […]
ESMA PUBLISHES TECHNICAL STANDARDS ON CROWDFUNDING
The European Securities and Markets Authority (ESMA), has recently published a Final Report in relation to technical standards (RTS and ITS) under the provisions of the Crowdfunding Regulation (ECSPR), in its capacity as the EU’s securities markets regulator. The report addresses all of ESMA’s 12 mandates in this field which include 4 with a legal deadline set […]
ISO 9001:2015 Certification
We are delighted to announce that Elias Neocleous & Co LLC has successfully completed the 1st annual audit of its ISO 9001:2015 certification. This follows the firm successfully completing a re-certification process to upgrade to the latest version of the world’s leading quality management standard in 2020. This year’s audit was performed by internationally renowned […]
Publication of the official guidelines for the implementation of DAC6 in Cyprus
On the 29th October 2021, the Ministry of Finance published in the Official Government Gazette the relevant Decree based on article 22Z on Administrative Cooperation in the Sector of Taxation Amending Law of 2021 (Κ.Δ.Π. 438/2021) (the “Decree”) governing the local implementation and regulation of matters pertaining to reportable cross-border arrangements based on the European Union […]
12th LIMASSOL ECONOMIC FORUM
Having established itself as the “biggest and most prestigious business gathering in Cyprus”, the 12th Limassol Economic Forum (‘LEF’) took place at the Four Seasons Hotel on 22nd October 2021. Each year, LEF offers a stage to pioneering political, economic, professional and business figures to discuss and present the latest developments and innovations in their […]
Benchmark Litigation 2022 confirms Elias Neocleous & Co LLC has best litigation team in Cyprus.
We are excited and proud to announce that the firm has recorded its best ever performance in the 2022 Benchmark Litigation Europe rankings. The Benchmark Litigation Europe publicationfocuses exclusively on legal work relating to litigation and disputes. The selection process for inclusion in the publication is a rigorous one and involves an analysis of recent cases […]
Costas Stamatiou invited to attend launch of “SEA Change 2030” organized by the Shipping Deputy Ministry of Cyprus
Costas Stamatiou attended the launch of the new strategy for shipping that was organized by the Shipping Deputy Ministry of Cyprus, on 11 October 2021. Titled “SEA Change 2030”, the strategy revolves around its three (3) founding pillars “Sustainability”, “Extroversion” and “Adaptability” and intents to create a continuous, interactive and systematic approach to achieve the […]
Tax team reaches new heights.
World Tax 2022 ( WTR), the comprehensive guide to the world’s leading tax advisory firms has now been published. Elias Neocleous & Co LLC is proud to announce that our firm has been ranked as Tier one for both general tax advisory work and, for tax controversy work. WTR is unique among independent directories as […]
Elias Neocleous & Co LLC sponsors the 12th Limassol Economic Forum
We are pleased to announce that the 12th Limassol Economic Forum (LEF) will soon be upon us. This year’s ‘in person’ event will take place at the Four Seasons Hotel, Limassol on 22 October 2021 . Elias Neocleous & Co LLC has been a keen sponsor of the annual LEF since its inception and is […]