News

The new double tax agreement between Cyprus and Barbados

The new double taxation agreement between Cyprus and Barbados, which was signed on May 3, 2017, was published in the Official Gazette on May 12. It will enter into force once each country has notified the other that their domestic ratification procedures have been completed and its provisions will have effect from the following 1

Review of authorisations for Cyprus Investment Firms to undertake activities overseas

The Cyprus Securities and Exchange Commission has issued a circular (No C204 dated 4 May 2017) to Cyprus Investment Firms it regulates requiring them to review their existing third-country-passports to provide investment and ancillary services and undertake investment activities overseas, and to provide confirmation that all requisite authorisations are in place. Specifically, they should assess

Costas Stamatiou at ICC FraudNet spring conference 2017

As the Cyprus member of ICC FraudNet, Costas Stamatiou recently participated in the FraudNet spring conference held in Miami, USA, at which participants shared valuable information about the latest developments in fraud and asset recovery. ICC FraudNet is an international network of independent lawyers who are the leading civil asset recovery specialists in each country.

Cyprus and Barbados sign double taxation avoidance agreement

After several years of negotiations, Cyprus and Barbados signed an agreement for the avoidance of double taxation on 3 May 2017 in London. The two countries have a good deal in common: both are former British colonies that achieved independence in the 1960s and both have a service-based economy, in which tourism and international financial

Elias Neocleous & Co LLC assists with the establishment of the first active domestic UCITS in Cyprus

Elias Neocleous & Co LLC has a specialist funds advisory team forming part of our Financial Services Support and Advice practice area. We recently assisted a major regional financial institution with the establishment and licensing of the first active domestic Undertaking for Collective Investment in Transferable Securities fund in Cyprus. The fund operates as a

TESTIMONIALS

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
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
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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