Monthly Archives: June 2020

Launch of Cyprus Department of Taxation’s new electronic ‘Tax Gateway’ service imminent.

The Taxation Department (the ‘Department’) has recently informed the Cyprus International Businesses Association that it expects its new electronic taxation service to be operational within days. The service will be known as the ‘Tax Gateway’ and access to it will be possible using the same usernames and passwords as utilized under the existing TAXISnet service.

Extended deadline for the submission of the 2019 personal income tax returns (IR1) and the payment of tax due

On the 16th of June 2020, the Cyprus Tax Department announced the extension of the deadlines for the following 2019 tax submissions to 30 October 2020 (ΚΔΠ 247/2020): Employees and pensioners (TD1 – Employee) Submission of the 2019 personal income tax return by employees and pensioners whose gross income exceeds €19.500 and for the payment

Doing Business in the EU after the Transition Period

Author: Dimitris Papoutsis Law Firm: Elias Neocleous & Co LLC Publisher: Norton Rose Fulbright LLC Dimitris Papoutsis of our Financial Services and Regulation team was recently asked to author the Cyprus section of the above prestigious publication. The publication addresses the scenario where the UK leaves the transition period on 31 December 2020 without a free

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Deal makers, professionals and service oriented.
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
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
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!
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