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Elias Neocleous & Co LLC

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Supreme Court judgment on appointment of IT experts

Cyprus - December 4 2018 The Supreme Court recently issued an innovative judgment relating to Norwich Pharmacal orders which demonstrates the Cyprus courts' readiness to stay

Practical guidance on calculating notional interest deduction

Cyprus - September 16 2016 The Tax Department has issued guidance on the application of the provisions introduced in 2015 for a notional interest deduction

Application of Erinford principle

Cyprus - July 24 2018 Cyprus case law imposes strict conditions on the issue of Erinford orders because, if made, they are likely to be in effect in Cyprus for a much

New Cyprus-UK double tax agreement

Cyprus, United Kingdom - April 6 2018 Cyprus and the United Kingdom recently signed a new double tax agreement. Once it has been ratified by both parties, it will replace the current

Reduced withholding tax under Cyprus-Russia double tax agreement

Cyprus, Russia - April 7 2017 Claims for the reduced rate of withholding tax on dividends have been the most common area of dispute under the Cyprus-Russia double tax

Supreme Court judgment on appointment of IT experts

Cyprus - December 4 2018 The Supreme Court recently issued an innovative judgment relating to Norwich Pharmacal orders which demonstrates the Cyprus courts' readiness to stay

Publication of latest Central Bank of Cyprus ship management survey

Cyprus - November 21 2018 Cyprus is one of the world's most important locations for ship management, with approximately 60 ship management companies operating in its territory

Administrative Court's judgment on purported changes to terms of public procurement competitions

Cyprus - November 20 2018 The Cyprus Administrative Court recently resolved the question of to which extent, if any, an action of a contracting authority can modify the

Court procedure when enforcing European Account Preservation Orders in Cyprus

Cyprus - November 6 2018 EU Regulation 6552014 recently established a European Account Preservation Order procedure to facilitate cross-border debt recovery. In Cyprus

Ballast Water Management Convention enters into force

Cyprus - October 24 2018 The Deputy Ministry of Shipping recently announced that the International Convention for the Control and Management of Ships' Ballast Water and