We are proud to share that for the seventh consecutive year, Elias Neocleous & Co LLC (ENC) has been recognised by India Business Law Journal (IBLJ) as one of the top foreign law firms for India-related legal work in its prestigious 2025 report.

The article “How and when should you transfer property ownership to your children?” explores key legal and practical considerations involved in gifting immovable property during one’s lifetime in Cyprus. It highlights the benefits of early transfer—such as peace of mind, probate avoidance, and favourable tax treatment—while also addressing potential pitfalls including loss of control, family disputes, and inheritance complexities. Written by Annabelle Antoniades and Katerina Krassa, the article also examines the use of usufruct rights, Cyprus international trusts, and the relevance of EU Succession Regulation 650/2012 for international families.

Not everything is entirely bleak in Cyprus’s justice system. While public trust in the judiciary has declined in recent years, three recent developments highlight both the problems and potential for reform.

As of 7 July 2025, Cyprus has officially launched the EU Blue Card scheme, marking a major step forward in opening the local labour market to highly skilled professionals from non-EU countries. This development brings substantial benefits for both employers looking to fill skill gaps and job seekers aiming to build long-term careers in Europe.

Series of Doing Business in Cyprus Guides: Qatar (October 2025), China, Japan, India ,UK, USA, Israel, UAE, Saudi Arabia, and Egypt.

Cyprus has significantly strengthened its tax framework to align with international standards on transparency, substance, and anti-avoidance. Key reforms include implementing General Anti-Abuse Rules (GAARs), adopting the OECD’s BEPS Action Plan, and transposing the EU Anti-Tax Avoidance Directive (ATAD) into domestic law, among other.

In Cyprus, summer has its own rhythm. The days are longer, the sun stronger, and even the streets seem to slow down a little. This seasonal shift is a cultural pause. But most importantly, it’s a reminder to take a proper break. However, many professionals still hesitate to use their annual leave when it could benefit them the most.

Our partner, Nicolas Tsardellis, participated in the 1st Global Summit of Hellenic Lawyers 2025. The conference, held in Athens, brought together 600 judges and legal professionals from the U.S., Australia, Greece, and Cyprus.

Elias Neocleous & Co LLC (ENC) is very proud to announce its nomination for the 2025 ITR EMEA Tax Awards, marking the fourth consecutive year the firm has been recognised by International Tax Review for its excellence in tax advisory services.

Cyprus is increasingly becoming the go-to destination for Indian companies aiming to establish or expand operations across the European continent. With a growing number of Indian firms, including those in high-tech sectors such as drone technology, choosing Cyprus as their European base, the island’s role as a trusted gateway to the EU is solidifying.