News

Final date for submission of VAT returns in paper form

The Cyprus Tax Department has announced that, in view of the planned implementation of submission of VAT returns in solely electronic form from 2 May, and given that 29 and 30 April and 1 May are public holidays, taxpayers wishing to submit VAT returns for the quarter ending 31 March 2017 in paper form must

Cyprus: Corporate tax and the new EU Anti-Tax Avoidance Directive

Over the past few years Cyprus has demonstrated its commitment to tackling harmful tax practices and to complying with best practice as laid down by the Organization for Economic Cooperation and Development and other international bodies. Cyprus has already incorporated the anti-avoidance provisions of the new EU Parent Subsidiary Directive into domestic law, giving the

Certificates of tax residence for individuals

On 10 March 2017 the Tax Department issued a long-awaited circular on the procedure to be followed by individuals requiring certificates of tax residence in Cyprus. Tax residence certificates may be required for the purposes of claiming exemption or relief from overseas taxes, especially in respect of income from sources outside Cyprus. The tax authorities

Cyprus: Alternative Investment Funds

We are delighted to inform you of the establishment of our specialist Funds Advisory team. Our Funds Advisory team is headed by Elias Neocleous and utilizes to our clients’ benefit the combined expertise of our professionals in the field of Alternative Investment Funds. The team is part of our Financial Services Support and Advice practice

Ratification of the Kiev Protocol on Strategic Environmental Assessment under the Espoo Convention on Environmental Impact Assessment

The Espoo Environmental Impact Assessment Convention sets out the obligations of parties to assess the environmental impact of certain activities at an early stage of planning, and to notify and consult each other on all major projects under consideration that are likely to have a significant adverse environmental impact across boundaries. The Convention was adopted

TESTIMONIALS

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
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
Deal makers, professionals and service oriented.
IFLR 1000 Client Feedback 2019
Great work with all stakeholders including the government relations both in Cyprus and EU
IFLR 1000 Client Feedback 2019
They're transparent and amenable with a clear knowledge of the local market and how to navigate it.
IFLR 1000 Client Feedback 2019

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