Navigating the impact of technological development and AI in the legal space
An interview with Elias Neocleous & Co LLC’s Michael Ioannou, Chief Technology Officer, and Antonia Monogyiou, AI specialist, Head of Legal Tech and Data Protection Officer, has been featured in Phileleftheros’ Insider edition. In their interview, Michael and Antonia discuss the pressing need for the legal sector to plan ahead and adopt innovative strategies to […]
Reflect Festival 2023 – DOERS United at the crossroads of continents!
The city of Limassol is once again gearing up for one of Europe’s largest and most cutting-edge technology events, the 6th Reflect Festival 2023, and Elias Neocleous & Co LLC is thrilled to be acting as a Silver Sponsor and co-organizer for yet another year! Taking place from 20-21 September, Reflect is set to bring […]
Elias Neocleous & Co LLC Tops Prestigious Cyprus Law Firms List
We are delighted to announce that Elias Neocleous & Co LLC (ENC) has once again secured the coveted top spot in Gold Business Magazine’s prestigious annual list of the ’90 Leading law firms in Cyprus’. This recognition serves as a resounding endorsement of the firm’s contributions to the Cyprus legal sector and reinforces its standing […]
Elias Neocleous & Co LLC recognised as a leading global law firm by India Business Law Journal
We are thrilled to announce that India Business Law Journal (IBLJ) has for the 5th consecutive year identified Elias Neocleous & Co LLC as a leading foreign law firm for India-related work – the only firm in Cyprus to receive this distinguished accolade. IBLJ is a market-leading publication dedicated to delivering expert analysis on the […]
Unprecedented success for Elias Neocleous & Co LLC lawyer trainees in the Cyprus Bar Exams
We are thrilled to announce that all participants in our 2022-2023 Lawyer Trainee Program have achieved unprecedented success in their first attempt at the Cyprus Bar Exams. With a 100% pass rate, noting that across Cyprus some 40% of trainees failed to pass the bar exams, makes their achievement that much more notable. We extend […]
Elias Neocleous & Co LLC once again achieves Band 1 ranking in Chambers High Net Worth Guide 2023!
We are delighted to announce that for the 5th consecutive year, both the Elias Neocleous & Co LLC (‘ENC’) Private Client department, and Head of Department Elias Neocleous, have been listed in the ‘Band 1’ category of the Chambers High Net Worth Guide 2023 (‘HNW’). The Chambers HNW Guide is a world-renowned, leading independent publication […]
Elias Neocleous & Co LLC and Elena Christodoulou shortlisted for 2023 ITR EMEA Tax Awards!
The shortlist for the annual ITR EMEA Tax Awards has been released and we are proud to announce that our firm has once again been nominated in two key categories, ‘Tax Firm of the Year’ and ‘Transfer Pricing Firm of the Year’ In addition, Senior Associate Elena Christodoulou has also been shortlisted for the esteemed ‘Rising Star’ […]
Amendment to Article 8(23A) of the Income Tax Law
The House of Representatives recently voted on further amendments to the Income Tax Law relating to the provisions of the Article 8(23A). Article 8(23A) provides for a 50% exemption from income tax on the employment income of an individual who meets certain criteria. Following the recent announcement, we highlight the main amendments: The term “1st […]
Tax Alert – 2023 Provisional Tax Return
The deadline for submitting the 2023 Provisional tax return for the year ending 31 December is 31 July 2023. A provisional tax calculation which is a rough estimate of taxable profit, should be filed to calculate the provisional tax liability for the current year. The payment of the respective liability must be paid in two […]
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 […]
