Daily Archives: November 6, 2019

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 Substance ‘Rules and Explanatory Notes’ (previously referred to as the BVI

TESTIMONIALS

We have been assisted by Elias Neocleous in the context of capital markets transaction. Mr Demetris Roti was the partner in charge of the matter. We were very satisfied by the work of Mr Roti and his team as well as their ability to work towards tight deadlines
IFLR 1000 Client Feedback 2019
We have been using Neocleous for more than 10 years. We are very satisfied with their performance. They can support all the areas we may need help in. They have lawyers for all the practice areas. They are well educated and very fast on the job.
IFLR 1000 Client Feedback 2019
Great work with all stakeholders including the government relations both in Cyprus and EU
IFLR 1000 Client Feedback 2019
Very  responsive and provided excellent guidance on issues of Cyprus law relevant in the transaction on which they represented us.
IFLR 1000 Client Feedback 2019
To the point, very helpful and complement advice. Was always aiming to get it done in an efficient and timely manner. Delivered results despite some obstacles in between.
IFLR 1000 Client Feedback 2019

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