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Stay informed of the latest news and developments from our firm. Discover what is shaping our practice and people.
The Cyprus Commission for the Protection of Competition clears the biggest mall in Cyprus of allegations of concerted practices and abuse of dominant position
Associates of our firm Ramona Livera and Alexis Christodoulou were recently featured on Concurrences Antitrust Publications & Events for their contribution concerning a landmark decision handed down by the Cyprus Commission for the Protection of Competition. The complaint was filed by Beautylin...
EU enters into its first trade agreement in South East Asia
On 21st of November 2019 the EU-Singapore Trade Agreement (“the Agreement”) entered into force. The Agreement is the 16th trade agreement the EU has ratified since 2014. Importantly, it is also the very first trade agreement made with a country which is a member state of the Association of South E...
ISO 9001:2015 Certification
We are delighted to announce that, following its second Surveillance Audit, Elias Neocleous & Co LLC has successfully retained its ISO 9001:2015 certification. The audit, which was concluded on 31st October 2019, was performed by internationally renowned certification specialists Bureau Verita...
In tune with the zeitgeist! Elias Neocleous & Co LLC wins Mondaq award.
We are pleased to announce that Mondaq has awarded Elias Neocleous & Co LLC its “Contributor most read in Cyprus” award for October. Mondaq is an independent company which has created one of the world’s most comprehensive online resources of professional expertise and knowledge. Each month it p...
2020 Benchmark Litigation Europe rewards litigation team’s stellar performance!
We are gratified that Elias Neocleous & Co LLC has once again been listed as a top-ranking litigation firm by the Benchmark Litigation Europe assessment team. Additionally, two of our senior litigators, Chrysanthos Christoforou and Costas Stamatiou, have individually been accorded t...
Elias Neocleous & Co LLC awarded top ranking in 2019 ITR ‘World Tax Guide’.
We are pleased to announce that ‘World Tax 2020’, the International Tax Review’s (“ITR”) comprehensive guide to the world’s leading tax advisory firms has elevated the status of our Tax Advisory Team from ‘Highly Recommended Firm’ to ‘Top Tier Firm’. Additionally, the team’s work in areas of...
Cyprus and Egypt agree revised Double Tax Treaty
On 8th October 2019 Cyprus agreed an updated Double Tax Treaty with Egypt (“the Treaty”). The signing of the Treaty took place in Cairo during the Trilateral Summit between Cyprus, Greece and Egypt. Signatory for Cyprus was Foreign Minister Nikos Christodoulides and his counterpart, Samir Shoukry...
The BVI International Tax Authority has issued the BVI’s Economic Substance ‘Rules and Explanatory Notes’ supplementing the Economic Substance (Companies and Limited Partnerships) Act, 2018
In December 2018, the British Virgin Islands (“BVI”) introduced the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the “Act”) which came into effect on 1 January 2019. Supplemental to the Act, the BVI International Tax Authority (the “ITA”) has issued the BVI’s Economic Substa...
Gold for our Human Resources Team!
With great pleasure that we announce that the Elias Neocleous & Co LLC Human Resources team has been judged worthy of a Gold Award in the 2019 Cyprus HR Awards. The Cyprus HR Awards are held under the auspices of the Ministry of Labor, Welfare and Social Insurance (“the Ministry”), the Cyprus C...
Draft bill approved by the Council of Ministers in relation to filing of tax declarations by individuals
Last week saw the Council of Ministers approve a draft bill, to be put before Parliament, introducing measures aimed at strengthening the ability of the Cyprus Government to combat tax evasion by individuals and achieve a more effective collection of taxes. Cyprus has a progressive tax system, mean...
Elias Neocleous interview to InBusinessNews, at the Limassol Economic Forum
Our Managing Partner, Elias Neocleous, was one of the key figures of the 10th Limassol Economic Forum which took place on Friday 18 October at the Parklane Spa and Resort in Limassol. During the event he was also interviewed by InBusinessNews, where he expressed his opinion that the image of Cypru...
The European Court of Human Rights – Protecting the fundamental rights of taxpayers
In keeping with our commitment to constantly provide our clients with the most up to date legal advice, our associate Elena Christodoulou, has participated in a two-day seminar organized by ERA (the Academy of European Law) concerning recent case law of the European Court of Human Rights (the ECtHR...