Legacy archive of Andreas Neocleous & Co LLC
Archive
News, events and recent works of Andreas Neocleous & Co LLC.
The Economist magazine recently featured a supplement on the Cyprus economy, focusing on its recovery from 2013 crisis and the island’s growth and investment opportunities. It included a wide-ranging interview with Elias Neocleous, head of…
Read moreThe Leasing Law, Law 72(I) of 2016, was published in the official gazette and entered into force on 28 April 2016. The purpose of the Leasing Law is to regulate the provision of financial leasing services to the public and ensure the…
Read moreThe Implementation of the Provisions of the United Nations Security Council Resolutions or Decisions (Sanctions) and the European Union Council Decisions and Regulations (Restrictive Measures) Law of 2016, Law 58(I)/2016, was published in…
Read moreThe 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 April and May 2016 we acted for Microgen Financial Systems in its acquisition of specialist software developer InfoScreen (Cyprus) Limited. Microgen Financial Systems is one of the two operating businesses of Microgen plc, a UK…
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…
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