Setting the bar in legal excellence! Once again, Elias Neocleous & Co LLC stands tall as the undisputed leader, securing its Tier 1 ranking across all nine practice areas in the prestigious Legal 500 EMEA – 2024 edition, marking a monumental achievement for another year. With notable dedication and expertise, we continue to maintain a leading position as the sole law firm in Cyprus to attain this eminent distinction!

Our firm is a top tier firm and 14 of our lawyers are leading and recommended individuals by The Legal 500.

Hard to imagine, but fifteen years ago Instagram didn’t exist. In fact, the first hashtag was invented in 2007. We used to buy newspapers and magazines, we used to read articles and press releases, we used to watch long-form interviews on terrestrial channels. We used to buy ‘The Cyprus Weekly’ on a Friday too – remember those days?

The European Commission this week released a report noting that Cyprus’ economy is on a healthy trajectory, expecting both GDP to grow and inflation to decrease.

The Department of Registrar of Companies this week said that annual fees for companies registered with it are abolished from 2024 onwards, however, annual fees for the years 2011-2023 continue to apply.

In the context of harmonising Cypriot legislation with European guidelines and directives aimed at improving working conditions and promoting work-life balance, various laws have been enacted in Cyprus to achieve these objectives (see our previous articles regarding paternity leave, parental leave and care leave, legislation on transparent and predictable working conditions, and teleworking).

The Cyprus Stock Exchange (CSE) on Thursday announced the introduction of 25,000 new government bonds by the Republic of Cyprus.

The recent Chambers & Partners Global 2024 saw Soteris Pittas & Co LLC, once again, securing Band 1 ranking in the international legal directory Chambers & Partners, in the practice area of General Business Law: Dispute Resolution.

The Commissioner for State Aid Control Stella Michaelides on Wednesday published her decision on a scheme for Small and Medium Size Enterprises (SMEs), titled “Circular Economy Project in Small and Medium Enterprises (SMEs)”, according to which the total amount for aid granted has been set at €400,000.

The House Committee on Energy, Trade, Industry and Tourism this week revisited a proposal aimed at abolishing fees for innovative startups, in a bid to boost innovation and entrepreneurship.