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  • Article

    Additional Investment Incentives

    The President of the Republic of Cyprus has announced a further package of measures to stimulate economic growth, reduce unemployment and bolster the confidence of foreign investors.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Cyprus Residency Post Brexit

    An article by Associate, Christiana Georgiou, recently featured in the Cyprus Mail. In it she addresses the post Brexit residency status and rights of UK nationals in possession of MEU1 or MEU3
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Foreign Direct Investment: Cyprus’s new guardrails between opportunity and security

    Cyprus has enacted its first foreign direct investment screening regime, establishing mandatory notification and approval requirements for certain foreign investments that may impact national security or public order. The new law introduces a comprehensive framework covering sensitive sectors and sets out clear timelines, conditions, and penalties for compliance.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Not Everything Is Entirely Black

    Not everything is entirely bleak in Cyprus's justice system. While public trust in the judiciary has declined in recent years, three recent developments highlight both the problems and potential for reform.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    The Inward Investment And International Taxation Review

    The 10th edition of the Inward Investment and International Taxation Review highlights global tax trends and provides useful guidance to the tax rules in various jurisdictions, including the taxation
    CyprusGovernment, Public Sector
    Patrikios Legal
    Patrikios Legal
  • Article

    European Banking Authority Publishes Final Revised Guidelines On Money Laundering And Terrorist Financing Risk Factors

    On 1 March, the European Banking Authority (the ‘EBA') published its final revised Guidelines on Money Laundering (ML) and Terrorist Financing (TF) risk factors.
    European UnionGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Article Of Our Associate Pavlos Vasileiou In Fileleftheros Newspaper

    Our associate Pavlos Vassiliou recently published an article in Fileleftheros newspaper. The article analyses the important issue of the compliance of the public administration authorities with the...
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Fourth And 'Fifth' Anti-Money Laundering Directives: Implementing AML Updates And UBO Registers In Cyprus

    The transition in the EU from the Third to the Fourth AML Directive has been over 10 years in the making and some would say overdue.
    European UnionGovernment, Public Sector
    Harneys
    Harneys
  • Article

    21st EU Sanctions Package: What Businesses Need To Know

    The European Union has adopted its 21st package of restrictive measures against Russia, introducing significant new sanctions targeting the financial sector, crypto-assets, energy industry, and shadow fleet operations.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Announcement Concerning Clarification For The Cyprus Investment Programme

    In accordance with the decision of the Council of Ministers dated 13.2.2019 investors, who will submit an application on the basis of the Cyprus Investment Programme (Programme) from the 15th of May 2019
    CyprusGovernment, Public Sector
    Areti Charidemou & Associates LLC
    Areti Charidemou & Associates LLC
  • Article

    Annulment Of The Annual Government Fee

    The Department of the Registrar of Companies and Intellectual Property of the Republic of Cyprus, announces that in accordance with the Companies...
    CyprusGovernment, Public Sector
    GRATA International
    GRATA International
  • Article

    Cyprus Advances AML & CTF Compliance Level

    The Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism (MONEYVAL) has reached to the conclusion that Cyprus is complying...
    CyprusGovernment, Public Sector
    A. Danos & Associates LLC
    A. Danos & Associates LLC
  • Article

    Establishment Of Framework For Government Guarantees To Credit Institutions

    The new scheme provided by the Cyprus parliament which aims to enhance credit institutions' access to liquidity and help them to overcome the impact of the economic crisis.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Her Majesty Queen Elizabeth II

    Yesterday witnessed the death of Queen Elizabeth II, Queen of the United Kingdom and Head of the Commonwealth of Nations of which Cyprus is a member.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Lobbyists To Face Tighter Regulation

    The new bill will require all lobbying groups to be registered and records kept by the independent Authority against Corruption.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Repeal Of The Privatisation Law Of 2014

    The Law repealing the Privatisation Law, Number 5 (I) of 2018, repeals the Privatisation Law, Number 28(I) of 2014, with immediate effect.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Success For Our Administrative Law Litigation Department

    The Department of Administrative Law of the Litigation Department of Nicosia achieved a very important decision in the Recourse no. 299/2016, dated 10.12.2020.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    Yes To Breathing Space, No To Austerity Dogma

    The European Commission makes annual country-specific reform recommendations to each member state to guide national policy regarding structural reform.
    CyprusGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    New EU Foreign Subsidies Regulation Comes Into Force Triggering New Obligations For EU Enterprises

    The new Foreign Subsidies Regulation which has come into force in July 2023 triggers new obligations for enterprises that are active in the European Union and wish to notify a concentration.
    European UnionGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC
  • Article

    EU Foreign Investment Screening Regulation Enters Into Force

    The new EU framework for the screening of foreign direct investments has officially entered into force on 10 April 2019, following its adoption by the European Parliament and by the Council
    European UnionGovernment, Public Sector
    Elias Neocleous & Co LLC
    Elias Neocleous & Co LLC

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