Elias Neocleous & Co LLC wins ‘Who’s Who Legal’ Award.

Ending 2021 on a positive note we are really pleased to announce that Elias Neocleous & Co LLC has added to the numerous awards already received this year by being named 2021 Cyprus Law Firm of the Year by Who’s Who Legal. Published by independent publishing group Law Business Research Limited,  Who’s Who Legal’s reputation […]

Tax reform on the horizon for 2022

On 9 December 2021, Finance Minister Constantinos Petrides, as part of his 2022 Budget presentation to the House of Representatives, announced the intention of the Cyprus government to proceed with the first major overhaul of the country’s corporate taxation system for 20 years.  The proposals follow hard on the heels of the global agreement made […]

Article of our lawyer Elena Christodoulou on personal taxation

An article of our senior associate Elena Christodoulou has been published in the International Financial Law Review. The article provides an overview of how Cyprus tax resident individuals are taxed in Cyprus. It explores the tests for obtaining tax residency and the personal income tax rates. Moreover, reference is made to the Cyprus non-dom rules, […]

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 […]

Taxation of cross-border investments in and from CEE countries 2021

Elias Neocleous & Co LLC is proud to have contributed the Cyprus content of a new publication, the ‘‘Taxation of cross-border investments in and from CEE countries 2021”.  The publication is a project coordinated by Loyens & Loeff, and it is intended as a tool for an initial comparison, with specific reference to holding companies […]

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 […]

ADIT exam successes!

A man of many talents, our Finance Director, Constantinos Christofi, has now added success in all stages of the Advanced Diploma in International Taxation (ADIT) examinations to his list of accomplishments.  Elias Neocleous & Co LLC is delighted to congratulate him on this excellent achievement. Happily, however, Constantinos is not the only member of staff […]