Legacy archive of Andreas Neocleous & Co LLC
Archive
News from the archive of Andreas Neocleous & Co LLC.
The Cyprus Tax Department announced that the double tax agreement with Bahrain, which was signed on 9 March 2015, entered into force on 28 April 2016 following completion of ratification procedures in both countries. Its provisions will…
Read moreIn order to transpose Directive 2013/38/EU of the European Parliament and of the Council of 12 August 2013 into national law Cyprus has amended the Merchant Shipping (Port State Control) Law of 2011 and issued a revised Merchant Shipping…
Read moreIn July 2015 the Cyprus government introduced a notional interest deduction (“NID”) on new equity capital (paid-up share capital and share premium) injected into companies and permanent establishments of foreign companies on or after 1…
Read moreIn 2014 the Cyprus Securities and Exchange Commission introduced a risk-based supervision framework for Cyprus Investment Firms, UCITS management companies, alternative investment fund managers and self-managed alternative investment…
Read moreThe Cyprus Department of Merchant Shipping has announced the arrangements for the implementation of Directive 2013/53 / EC on recreational craft and personal watercraft, which replaced Directive 94/25/EC as amended with effect from January…
Read moreThe latest print edition of “REPORTER”, the integrated Cyprus news portal that covers issues from across the whole spectrum of political, social and public interest, features an extensive interview with Elias Neocleous, vice-chairman of…
Read moreIn October 2015 the Cyprus Tax Department introduced a new formal procedure for obtaining advance tax rulings. Details can be found here. The government has now issued a statutory order under article 44 of the Income Tax Law setting the…
Read moreAt a news conference on held on 9 May the Cyprus Securities and Exchange Commission announced proposed changes to the legal framework governing collective investment schemes, aimed at boosting the investment funds sector. It plans to amend…
Read moreOur firm was a principal supporter of the "Russia and Cyprus: Lessons from the Crisis and Prospects for Cooperation" conference, which took place on 27 April at the Intercontinental Moscow Tverskaya Hotel. Organised by Vedomosti, Russia’s…
Read moreThe Cyprus Department of Merchant Shipping has reissued its guidance to owners and operators of Cyprus-flagged ships and ships calling at ports in Cyprus regarding reporting procedures under the EU Reporting Formalities Directive and the…
Read moreIN Business magazine is the leading monthly business magazine in the Cyprus market. It has been a pioneer in local business journalism, thanks to its in-depth analysis and research. The theme of the current issue, titled "The Wise Men", is…
Read moreElias Neocleous, head of our firm’s corporate and commercial department, was again invited to speak at a series of conferences organised by Academy & Finance and held in Geneva and Luxembourg on 27 and 28 April. The conferences, with the…
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