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News & Analysis

Cyprus: Brightbridge’s R1.75 billion offer to RMB

22 October 2021 by Elias Neocleous & Co LLC

The capital markets team of Elias Neocleous & Co LLC has assisted the Cyprus registered entity Brightbridge Real Estate Limited in the R1.75 billion offer to acquire certain assets of RMB Holdings Limited

News & Analysis

Latest developments on Crypto assets regulation in Cyprus

17 August 2021 by Ioannis Sidiropoulos, associate; Elias Neocleous & Co LLC

Crypto assets regulation is still considered “terra incognita”, with many jurisdictions only now making their first steps on this foggy landscape.

News & Analysis

European Securities and Markets Authority (ESMA) issues Public Statement encouraging better scrutiny of prospectuses relating to Special-Purpose Acquisition Companies (SPACs)

21 July 2021 by Elias Neocleous & Co LLC; Michael Pelosi, Senior legal Counsel; Ioannis Sidiropoulos, Associate

ESMA has recently issued a Public Statement to promote coordinated action by National Competent Authorities (NCAs) regarding the scrutiny of the disclosure included in prospectuses relating to Special-Purpose Acquisition Companies (SPACs), which are approved in accordance with Regulation (EU) 2017/11291 (Prospectus Regulation or PR).

News & Analysis

Cyprus: Proposals for common corporate tax rate: A Triple Yes? Joe Biden – OECD – EU Commission

26 May 2021 by Elias Neocleous & Co LLC, Elena Christodoulou

In the wake of the Covid 19 pandemic and with public deficits having reached a zenith, tax reform appears to be high on the agenda of many of the world’s key players, most notably President Biden but also the OECD and the EU.

News & Analysis

Cyprus: OECD issues updated guidance on tax treaties amid covid-19

08 April 2021 by Elias Neocleous & Co LLC - Cyprus, Elena Christodoulou

On the 21st of January 2021, the OECD issued a guidance on the impact of the COVID-19 pandemic on tax treaties. This updates the previous guidance issued by the OECD Secretariat on 3 April 2020.

News & Analysis

Cyprus: ENC assists Mintra in acquisition of Safebridge

05 March 2021 by Elias Neocleous & Co

Elias Neocleous & Co LLC is pleased to have assisted Lupp + Partner PartG mbB in advising Norwegian based Mintra Holding AS on its strategic expansion

News & Analysis

GRR 100 listing confirms Elias Neocleous & Co LLC as the premier Cyprus law firm for cross-border insolvency and restructuring work.

21 January 2021 by Elias Neocleous & Co

Elias Neocleous & Co LLC is extremely proud to have been included in the Global Restructuring Review’s list of the world’s top 100 law firms (the ‘GRR 100’) for the second consecutive year.

News & Analysis

Cyprus: Expatriate relief of 20% for lower employment income earners to be extended

18 September 2020 by

Expatriate relief of 20% for lower employment income earners to be extended

News & Analysis

Paphos partner, Christia Middleton, elevated to judiciary.

17 June 2020 by Elias Neocleous & Co

Paphos partner, Christia Middleton, elevated to judiciary.

News & Analysis

Cyprus: Tax measures introduced due to COVID-19

12 May 2020 by Elias Neocleous & Co, Elena Christodoulou

Cyprus: Tax measures introduced due to COVID-19