The Tax Department of the Republic of Cyprus has announced that the submission of the Personal Income Tax Return (TD1) form for the tax year 2024 has commenced.

Elias Neocleous & Co LLC is proud to announce that it has been shortlisted in two prestigious categories at the European Legal Innovation & Tech Awards 2025, to be held on 28 May in Milan, Italy, for its proprietary legal technology platform, Neolaw.ai.

We are proud to announce that Elena Andreou, an Associate at Elias Neocleous & Co LLC, has been recognised as a Mondaq Thought Leading Author for Data Protection in Cyprus in the Spring 2025 awards.

Our team is attending the London International Disputes Week 2025 in June.

We’re proud to share that our colleague Stella Strati Partner – Head of Corporate and Private Client, will be attending the 9th Global Entrepreneurship Conference, taking place from 18–20 May 2025 at the Leonardo da Vinci National Museum of Science and Technology in Milan, Italy.

With Cyprus ranking 4th globally among countries with populations under 2 million in the Global Startup Ecosystem Index, the island is quickly becoming a dynamic launchpad for startups. As momentum builds, integrating legal strategy into the foundation of a business is more crucial than ever.

The Bank of Cyprus posted a profit after tax of €117 million for the first quarter of 2025, marking an increase of 9 per cent compared to the previous quarter.

Larnaca has begun work on what is expected to become one of Cyprus’ most important cultural landmarks, a €30 million Art and Design Centre set to be completed by 2030.

The highest average interest rate on new floating-rate housing loans reached 5.24 per cent in March, according to a report published on Monday by the Central Bank of Cyprus (CBC).

Cyprus is expecting a record number of arrivals from Romania this year, Deputy Minister of Tourism Kostas Koumis said during a visit to Bucharest.