News

Prohibited incentives for retail clients of Cyprus investment firms

On 16 March 2017 the Cyprus Securities and Exchange Commission (“CySEC”) issued circular C194 giving additional guidance to regulate Cyprus investment firms on the types incentives which CySEC considers to be inappropriate to be offered to retail clients. The latest circular is a follow-up to circular C168, dated 30 November 2016, which set out the

Elias Neocleous & Co LLC accredited under ISO 9001:2008

Elias Neocleous & Co LLC has been accredited with the ISO 9001:2008 certification by Bureau Veritas Hellas.  Our firm is committed to adopting and implementing best practices for identifying andcontrolling risk, so as to minimise the potential for unpredicted or adverse events, and in November 2017 we will enter the new era of the ISO 9001:2015

New law for payment of tax arrears by instalments

The Process of Adjustment of Tax Arrears Law of 2017, Law 4(I) of 2017, was published in the official gazette on 3 February 2017. It will take effect on a future date to be determined by the Commissioner of Taxation and establishes a procedure for settling arrears of taxes which arose prior to that date

Elias Neocleous to speak at the seventh Academy & Finance “Russian Private Clients” conference

Elias Neocleous, managing partner of our firm, will be among the distinguished experts presenting the latest developments in tax, succession planning and asset protection strategies at the seventh annual conference for Russian private clients and their advisers organised by Academy & Finance, a leading Swiss conference organiser. Elias will be speaking on the transfer of

Abolition of the back-to-back minimum margin scheme and introduction of transfer pricing rules In Cyprus

On 8 February 2017 the Cyprus Tax Department wrote to the tax committee of the Institute of Certified Public Accountants of Cyprus announcing its intention to abolish the so called “minimum margin scheme” which applies on related party loans (so called “back to back” financing arrangements), with effect from 1 July 2017. This development is in line with global initiatives in

TESTIMONIALS

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
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
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
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

Do you need professional legal assistance?