

We are the largest law firm in Cyprus by a considerable margin and are generally recognised as leading law firm in the Southeast Europe. We have more than 140 fee-earners operating out of three offices in Cyprus and an international network of offices in the main destinations for investment via Cyprus.
Practice areas
Business
Our specialist banking and finance team of Cyprus advocates and legal consultants is the largest and most experienced in Cyprus, with an unmatched record of success in servicing the increasingly complex and time-critical requirements of international financing transactions. Our team is at the cutting edge of technical innovation in the field and fully abreast of developments in banking and finance law in Cyprus and abroad, offering clients a breadth and depth of expertise that is only achievable through a focussed strategy of specialisation, given the complexity of modern banking and finance law. Our clients benefit from the highest quality of specialised advice on the Cyprus law aspects of loan and security transactions, whether cross-border or domestic, given promptly, efficiently and clearly. Our team includes several overseas lawyers who are familiar with the legal and practical requirements of the main destinations for investment from Cyprus. Elias Neocleous & Co LLC represents lenders, arrangers and facility agents on single-lender and syndicated, secured and unsecured loans, as well as borrowers, guarantors and security providers. All our clients benefit from our world-class resources, the unrivalled breadth of expertise and experience of our lawyers and the international reputation of our firm. We take pride that market-leading international businesses and organisations entrust us with their most important banking and finance affairs, which often include business-critical issues. Our clients include most of the leading Cyprus banks and financial institutions, most of the leading international commercial banks, investment banks and financial institutions and private equity funds, hedge funds and other asset managers. Our people have been involved in the lion’s share of major loan and security transactions involving Cyprus in recent years. domestic and cross-border loan and security transaction
Lawsuits & Disputes
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.
Real Estate
Our firm’s real estate specialists deal with all matters relating to freehold and leasehold property, including transactions and disputes involving commercial and residential property. The department advises both individual and corporate clients.
Immigration
Our immigration team has a long record of successfully dealing with all matters relating to immigration law, applications for immigration permits, permanent residence permits, employment permits and visas.
The department advises both individual and corporate clients. We provide an integrated service, optimising tax and other benefits in conjunction with the client’s advisers in his or her country of origin and anywhere else they may have financial interests.
Family
Family law issues including divorce, separation agreements, custody disputes, maintenance and lump sum settlements, property provisions and other ancillary matters
Intellectual Property
Elias Neocleous & Co LLC provides a comprehensive service for all types of intellectual property, covering patent and trade mark protection, design registration, copyright and the licensing of technology. Our close association with lawyers and trade mark agents in all major industrialised countries enables us to meet our clients’ worldwide requirements. We advise clients not only on intellectual property protection, but also on tax aspects, including Cyprus’s beneficial intellectual property box regime.
Insurance
Deals with traffic accidents, torts, employers’ liability, personal injury claims, medical negligence claims, insurance claims and disputes, debt collection and criminal matters.
Media, Technology and Telecoms
There has never been a better time than the present to launch a technology business in Cyprus. Having firmly established Cyprus as an international finance hub, in recent years government attention has turned to the promotion of Cyprus as a hub for the provision of digital and electronic services and as the ideal venue for high tech ‘start-ups’. This promotion has met with some success and included the introduction of an IP Box regime and various corporate and individual tax incentives. It is no accident that ‘REFLECT’ the biggest ‘Hi-tech’ and future looking event in the region has made its home in Limassol.
To boost the island’s new investment drive, in late 2021 the Cyprus government released an Action Plan which includes initiatives aimed at delivering on the government’s promise to foster a business-friendly environment and which target the ‘high tech’ sector. The Action Plan introduces, inter alia, new tax incentives, changes to immigration rules for highly qualified third country nations and their dependents, and a “Digital Nomad Visa Scheme”. Alongside this the ‘Cyprus Equity Fund’, managed by the European Investment Fund will soon be operational with a mandate to invest mainly in start-up and innovative Cypriot companies.
The help available for high tech start-ups in Cyprus is now considerable and the Tech Law team at Elias Neocleous & Co LLC is the ideal partner to ensure that you access it successfully. Our highly regarded multi-disciplinary team of lawyers, accountants, tax experts, IT specialists and cybersecurity consultants can provide knowledgeable and proactive support across the full range of start- up issues leaving you free to concentrate on your business. With our extensive history of helping companies develop and a lengthy commitment to investing in technology we understand what it takes to be a winner.
Case results
Elias Neocleous & Co LLC provides legal support to Royal Caribbean Group (NYSE: RCL) in Cyprus
Admiralty & Maritime
The shipping department of Elias Neocleous & Co LLC is proud to have assisted Royal Caribbean Group in registering the cruise ship, “Spectrum of the Seas”, under the Cyprus flag.
Royal Caribbean Group (NYSE: RCL) is one of the world’s largest cruise companies and, as has already been announced, it plans to open an office in Cyprus later this year. The office will be based in Limassol and is intended to support ship operations as the company looks to develop its Eastern Mediterranean business.
For information and assistance in relation to shipping related matters, please contact Elias Neocleous, Costas Stamatiou, Vassilis Psyrras, or, your usual contact at Elias Neocleous & Co. LLC
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