Elias Neocleous & Co. LLC

Corporate and Commercial

Elias Neocleous & Co LLC  is a leading corporate and commercial practice with an enviable reputation founded on its client base, international experience, and extensive in-depth expertise in a wide range of business sectors. The department has a particular focus on complex, high-value cross-border projects with demanding timetables, and has an unmatched track record of success in dealing with them.

Cyprus’s strategic location and excellent business infrastructure, with a benign tax regime and an extensive network of double-taxation treaties, make it an ideal base for non-EU companies seeking to enter the EU market, and for EU and third-country companies seeking to broaden their horizons, especially about Central and Eastern Europe.

We have a network of offices in the principal destinations for investment from Cyprus, staffed by locally qualified lawyers who are experienced in doing business there. We also have extensive experience in assisting overseas companies to invest and do business in Cyprus.

Our proven transactional skills and our multidisciplinary expertise, with specialists in competition law, intellectual property, litigation, real estate, financing, employment, financial services, and taxation, allow us to deal with all the issues that may arise in the course of any assignment in a timely and cost-effective way. Our staff do not have to learn on the client’s time, and we get things right the first time, which saves our clients time and money. We provide bespoke advice to clients on the formation, acquisition, and dissolution of companies and partnerships in Cyprus and abroad, management and domiciliation services and assistance with day-to-day commercial matters, and assistance and support with all corporate, mergers acquisitions and securities matters including:

Corporate
public and private mergers and acquisitions, takeovers, demergers, and disposals
corporate reorganizations and restructurings
insolvency
inward and outward domiciliation
corporate governance
public and private offerings
purchases and sales of securities
regulatory compliance
formation and use of trusts

Employment Law

Elias Neocleous & Co LLC has the largest and most experienced team of employment law specialists in Cyprus, with an excellent reputation for high quality, sound legal and practical advice.[br] We are the designated Cyprus member of the Employment Law Alliance. Our client base consists of employees and employers, including domestic and multinational businesses and organizations and the diplomatic missions of overseas countries to Cyprus. We have long, in-depth experience in providing legal advice and assistance with the full range of employment-related topics, including drafting contracts and other documentation, dispute resolution, provident fund registration and liaising and negotiating with government bodies, trade unions, and the like. The specialist services we offer include:

Advice on employment issues

• Advice on employment issues
• terms and conditions of employment
• employer and employee rights and obligations
• grievance procedures
• termination of employment
• transfer of undertakings and protection of employees
• information and consultation
• secondment and relocation of employees
• employee representation
• social insurance contributions
• statutory benefits
• provident funds (including registration)
• discrimination at work
• employee share option plans
• health and safety at work
• collective agreements
• employment agencies

Drafting of employment-related documents claims and dispute resolution

Support in liaising with authorities and employee representatives

Employment dispute resolution and representation
 

Our services include (but are not limited to) all matters linked to :

• Local and international direct and indirect taxation advice
• Local and international tax and regulatory compliance
• Company law
• Intellectual property law
• Immigration law
• Property law
• Competition and anti-trust law
• GDPR
• Employment law
• Banking and finance law
• Secondments

Our expertise covers the following areas

• acquisition, registration, and protection of all kinds of intellectual property rights
• franchising and licensing
• restrictive trade practices
• competition and agency law
• patent, trademark, copyright proceedings, and passing-off actions
• advice on all related tax aspects

Areas of work include

• Citizenship applications
• Employment permits
• Permanent residence permits
• Immigration permits
• Visas

Areas of work include

• sale agreements
• acquisition of property in Cyprus by EU and third-country citizens
• property management for non-residents
• estate planning and administration
• wills, probate and re-sealings, and estate administration

Our litigation and dispute resolution practice is the largest in Cyprus and has an unmatched record of success in helping clients of all kinds to assert and defend their legal rights in a timely manner, at least possible risk. 

Our clients range from global businesses and organisations to private individuals, and we provide them all with top quality service and advice. 

Our highly qualified and experienced specialists focus on giving clear, effective support and guidance to our clients, however complex and difficult the dispute may appear. They have the expertise and experience to advise on and deal with the largest and most complex issues, and the resources, knowledge and strategic thinking to help clients advance their interests in the most efficient and cost-effective manner. We have been involved in most of the largest and highest-profile disputes heard by the Cyprus courts in recent years. We are also experienced in both domestic and international arbitration, and we choose the most appropriate method of resolution for every dispute we are involved in. Recognising the protracted timescales for actions in the Cyprus courts, we focus on putting in place effective interim measures to safeguard our clients’ interests. 

Our dispute resolution department is divided into four specialist teams, each headed by a highly experienced partner: