Elias Neocleous & Co is a highly regarded tax and legal firm. The practice concentrates on both contentious and non-contentious tax advisory. Its clientele consists primarily of MNEs, HNWIs, and government organisations, and the tax team has substantial experience assisting in complex domestic and cross-border transactions. The tax practice is led by managing partner Elias Neocleous, who is assisted by a professional team of tax partners and lawyers, including Kyriacos Xenophontos and Elena Christodoulou.

Recently, the firm advised a multinational corporation's Cyprus entity on converting from a private entity to a public entity and consummating the business combination agreement by reviewing the various agreements that the Cyprus entity must enter into, and provided regulatory advice from a Cyprus law perspective in order for it to be listed on the NASDAQ. The team also advised a major maritime organisation on Cyprus's EU-approved tonnage tax scheme, which provides significant savings to ship owners, charterers, and managers.

Claire Raouna and George Shambartas, senior accountants, joined the firm during the research period.

Client feedback

“Very responsive and thorough and able to tailor advice to suit the specific needs of our client.”

“A professional approach to the client's tasks, the fastest possible response to requests, comprehensive answers to emerging questions and a proactive approach to business.”

“Very quick on their responses, friendly, very polite, crystalised advice in all queries, productive and fruitful feedback.”