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

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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
I recently completed the sale of my house in Cyprus with Elias Neocleous & Co LLC and I just wanted to tell you how impressed I was with your Property lawyer who handled the matter. Her professional, calm and measured approach was amazing and really reassured us when things were not that straight forward. As a solicitor of some 40 + years in the private sector I must say that I rarely came across a young lawyer with such a combination of professional and personal qualities. This lawyer is a real asset to your firm!
Property Client
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
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
Deal makers, professionals and service oriented.
IFLR 1000 Client Feedback 2019

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