News

Simerini interview with Elias Neocleous

On 28 May Simerini, one of Cyprus’s largest daily newspapers, published a wide-ranging interview with Elias Neocleous, managing partner of the firm, setting out the events leading up to the establishment of Elias Neocleous & Co LLC, Elias’s vision for the future of the firm and his views on the future of the legal services

Signature of the new double taxation agreement with Luxembourg

On 8 May 2017 the finance ministers of Cyprus and Luxembourg signed a double taxation agreement, the first between the two countries. Negotiations on the agreement had begun in 2007. According to the official announcement the text, which is based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on

“The law firm of the future”

Cyprus Weekly, the top-selling English-language newspaper in Cyprus, recently published a wide-ranging interview with Elias Neocleous, the managing partner of our firm. In the interview Elias set out the progress that has been achieved since the new firm was created, and his vision for the future of the firm, the legal profession and the Cyprus

European Court of Justice decides that national courts have the power to block “fishing expeditions” for tax information

In the wake of an ever increasing body of rules and regulations on the exchange of financial information on taxpayers and the significant recent shift from the traditional request-based (limited scope) procedure (typically invoking the relevant provisions of double taxation treaties) to automatic mass exchange of information (with FATCA and the Common Reporting Standard casting

Waiver of interest and penalties imposed under Law 246 of 1990

The Cyprus tax department has announced that, in accordance with the provisions of article 59(7) of the VAT Law of 2000 as amended, taxpayers may apply for the cancellation of any interest and penalties imposed under Law 246 of 1990, which has been repealed, which relate to arrears that fall within the tax periods from

TESTIMONIALS

Deal makers, professionals and service oriented.
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
Great work with all stakeholders including the government relations both in Cyprus and EU
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
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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