Insights
Publications
Explore our latest publications and legal insights. Sharing knowledge on key legal and industry developments.
Elias Neocleous & Co LLC contributes the Cyprus Chapter of Global Legal Insights – Mergers & Acquisitions 2023 (12th edition)
Elias Neocleous & Co LLC announces the publication of the 12th edition of Global Legal Insights – Mergers & Acquisitions 2023, which includes an updated Cyprus Chapter co-authored by partners Elias Neocleous and Demetris Roti. This chapter provides an overview of the market for mergers and acquisitions in Cyprus, details notable M&A transactions, and examines […]
NFTs: a failure of their counterfeit-proof and trusty objective?
Non-Fungible Tokens (NFTs) have become increasingly popular over the course of the last several years, generating billions of dollars in revenue as a result. However, despite their growing notoriety, NFTs also come with significant challenges and risks pertinent to lack of regulation, intellectual property infringements, Web3 anonymity, and theft. An article authored by Iosifina Koutsonikola, […]
Reporting obligations on crypto-asset transactions under DAC 8
Our latest article co-written by Associates Adonis Zachariou, Theodora Alexandrou and Lawyer Trainee Christos Orfanidis, sheds light on the DAC8 draft proposal, now due for approval by the European Council, aiming to enable tax authorities to track the proceeds gained from crypto-asset trading. This article provides an overview of the reportable transactions under DAC8 and […]
New EU Foreign Subsidies Regulation comes into force triggering new obligations for EU enterprises
The new Foreign Subsidies Regulation which has come into force in July 2023 triggers new obligations for enterprises that are active in the European Union and wish to notify a concentration. Where such enterprises have received foreign subsidies exceeding €50.000 and their annual turnover exceeds €500million they must report these foreign subsidies and also receive […]
Cyprus – a Global Maritime Power
Cyprus is one of the world’s most competitive and reliable shipping centers, and a sought-after jurisdiction for global shipping companies. This is largely due to its geographical position that offers many advantages, as well as the country’s shipping legislation and technological infrastructure, combined with low registration fees and a favorable tax regime. Recent changes in […]
MiCA – the first EU legislation on cryptocurrency
The European Parliament’s recent adoption of the Markets in Crypto-Assets Regulation (the “MiCA”) seeks to regulate and track all crypto-assets, including crypto currencies, NFT’s, issuers of utility tokens, asset referenced tokens and so-called ‘stablecoins’, across the EU, to ensure transparency, uniformity, and security in the realm of digital assets. An article authored by Katerina Pillakouri, Associate […]
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 – Pioneers in social responsibility and corporate governance
The Environmental, Social, and Governance framework (ESG) is considered the gold standard for the functioning of a company in the 21st century. It promotes awareness of and responsibility towards the environment, social issues, and ethical governance. The ESG framework was adopted by Elias Neocleous & Co LLC from its inception and continues to be integrated […]
The twin engines of Upskilling and Reskilling: navigating business into the Future
Widespread technological advancements and the recent pandemic continue to transform the business landscape, particularly in terms of rapidly changing skill demands within organisations across the globe. In an insightful article featured in the Cyprus Mail, Anna Mylona, Head of Human Capital at Elias Neocleous & Co LLC, explores how the twin engines of upskilling and […]
An agile approach to revolutionising the legal industry
As artificial intelligence transforms the business landscape, particularly in the way we work, the concept of agility to ensure future growth and sustainability is becoming increasingly popular. A Cyprus Mail article authored by Dorina Mastora, Deputy Compliance Officer at Elias Neocleous & Co LLC, explores the agile mindset and the core principles upon which it […]
Protectability of AI-generated work under the umbrella of Intellectual Property
The advancement of AI technologies and the level of sophistication in their development raises several legal and practical issues concerning the protectability of AI-generated work under the umbrella of Intellectual Property. This rapidly evolving topic is explored in more detail, together with an analysis of recent case law pertinent to the subject, in an article […]
Admiralty Court determines jurisdiction based on cause of injury on ship
A recent Admiralty Court interim judgment examined whether an action, omission, or negligence that resulted in an injury to a seaman can be considered related to the “navigation or management” of a ship, to determine the court’s jurisdiction. Andreas Christofides, Senior Associate at Elias Neocleous & Co. LLC, authored an article analyzing the facts of […]