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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.
Raising of capital from investors within a specified time period
In a circular dated 7th June 2019, the Cyprus Securities and Exchange Commission ( ‘ the CySEC’ ) reminded all authorized and registered Alternative Investment Fund Managers (AIFMs) of Article 14 of the AIF law which requires them to raise a minimum of EUR 500,000 capital from investors within 12 m...
Extension in Reporting Deadline for FATCA / CRS /DAC2 Returns
Cyprus Tax Department announced that all Financial Institutions have been granted an extension to the reporting deadline for FATCA and CRS/DAC2 purposes. The reporting deadline is now the 8th of July 2019, instead of the 1st of July 2019. Please contact Constantinos Christofi for further inquiries...
Elias Neocleous & Co. LLC Identified as one of the Top Law Firms in India
The ‘ India Business Law Journal ‘ ( IBLJ ), a market-leading monthly magazine which delivers expert analysis on the legal and regulatory challenges facing domestic and international businesses in India has identified Elias Neocleous & Co LLC as one of the leading international law firms for In...
ELIAS NEOCLEOUS & Co LLC – Listed in GRR’S Survey as a Top 100 Law Firm in cross border restructurings and insolvencies
On 17th June 2019 ‘ Global Restructuring Review ( GRR) ‘ , the daily news service and magazine focusing exclusively on cross-border insolvency and restructuring law, published its annual survey, the GRR 100, which lists the top 100 law firms verified as being able to handle cross-border restructuri...
Lawyer Trainee Program 2019-2020
We are now welcoming applications from ambitious, motivated graduates who are looking for the opportunity to take part in our highly rated 2019-2020 lawyer trainee program. Interested applicants should apply through the link below. Successful candidates will commence their training in September 20...
Elias Neocleous & Co LLC wins Mondaq’s May 2019 Top Communicator Award
Following on from being voted ‘ Contributor Most Read in Cyprus ‘ for April 2019, Mondaq has confirmed we have won the same award for May 2019 – please refer link. According to its Managing Partner Elias Neocleous, ‘’ Elias Neocleous & Co LLC aims to continuously update the global legal c...
Phileleftheros Interview with Elias Neocleous
On 07 June Phileleftheros, one of Cyprus’s largest daily newspapers, published an in depth interview with our managing partner Elias Neocleous. Elias provided his views on the current Cypriot business environment and the challenges lying ahead as well as the future of the legal profession and its...
Condemnation of Cyprus by the European Court of Human Rights for Inhumane and Degrading Treatment of a Foreign Prisoner
Cyprus was condemned by the European Court of Human Rights in its judgment issued on the 26th March 2019 – in the case of Haghilo v. Cyprus which accepted the Appeal of an Iranian citizen who claimed his detention was illegal and that his detention conditions constituted inhumane treatment. In part...
There is no such thing as a hard Brexit
The IBSA ( International Business Structuring Association) Brexit discussion meeting at Close Brothers Asset Management on Thursday, 30th May, was a fascinating insight into the legal, political and economic consequences of Brexit. Malcolm Dowden of Womble Bond Dickinson started the meeting by exp...
Elias Neocleous & Co LLC – Main supporter of first Computer History Museum in Cyprus
Dedicated to social responsibility and the promotion of technology for the advancement of society, Elias Neocleous & Co LLC has been the main supporter of Retro Computing & Gaming Ltd (RCG) which established, and since October 2018, operates the First Museum of Computer History in Cyprus. A...
Risk Factor Guidelines
The Cyprus Securities and Exchange Commission and the Central Bank of Cyprus continue to remind all regulated entities of their obligations to comply with the adopted joint guidelines issued by the European Supervisory Authorities (the European Banking Authority, the European Securities and Market...
Convention between Republic of Cyprus and the Republic of Kazakhstan for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with respect to taxes on income
On 15th May 2019, the Ministry of Foreign Affairs signed an agreement for the avoidance of double taxation with the Republic of Kazakhstan in Nur-Sultan, Kazakhstan. The negotiations and adoption of the agreed text of the agreement took place on 30th May 2018 and it is expected to contribute to fur...