Founded in 1965, Elias Neocleous & Co has grown to be among the largest firms in South East Europe and the Eastern Mediterranean, employing some 200 people, of whom 140 are fee-earners, with 134 lawyers and six tax consultants. The firm is generally regarded as a regional leader, with a particular forte in cross-border work. It has links with major international law firms, and is a member of several international bodies. It is the only Cyprus law firm to have achieved the ISO 9001:2002 Standard of Quality Management System, and the only Cyprus firm to be ranked in Band 1 in every practice area by every Chambers Guide. Elias Neocleous & Co focuses on advising international clients on all aspects of Cyprus and European law, handling the largest and most demanding cross-border assignments. The firm pioneered the development of business ties between Cyprus and Russia and has since played a leading role in Cyprus’s development as an international financial centre. It has widened its market focus to include China, India and South America, acting for several leading companies from these regions as they enter the European market. All staff are English speaking and members of staff speak most European languages. The firm continues to invest in its human resources and infrastructure in order to provide clients with service of the highest quality.
Admiralty & Maritime:
1 partner, 5 others
This department deals with the registration of vessels under the Cyprus and other flags and all aspects of ship finance. It also handles collisions, charter party disputes and executions of judgments against assets of shipping companies worldwide. Contact: Costas Stamatiou
Banking & Finance, Including Project Finance:
2 partners, 11 others
The department advises on the Cyprus aspects of major international financing transactions, including Master ISDA Agreements, secured and unsecured loans, derivatives, raising of debt and loan capital and netting agreements. It has strong links with commercial and investment banks, trust companies and underwriters. The specialist infrastructure and project finance unit within the department regularly assists clients on landmark developments, global private finance initiative and public private partnership projects. Advice is specifically tailored to dovetail with the corresponding commercial, banking and finance, and tax aspects.
Contact: Panos Labropoulos
Corporate & Commercial/Mergers & Acquisitions:
4 partners, 38 others
The department advises on corporate management and governance, formation, merger and acquisition of companies in Cyprus and abroad, corporate reconstruction and reorganisation, capital raising transactions, and private equity work. It has particular expertise in investment via Cyprus to and from Russia, Eastern Europe and Asia.
Contact: Elias Neocleous
Competition & EU Law:
1 partner, 4 others
This department advises multinational enterprises investing in Cyprus on competition and merger control issues arising from agency and distribution arrangements and joint ventures. Members of the department work closely with their colleagues in other departments to ensure compliance with EU requirements.
Contact: Maria Kyriacou
Intellectual Property, Information Technology & E-Commerce:
1 partner, 6 others
Advising on the acquisition, registration and protection of copyright, designs, patents and trademarks, the licensing and franchising of technology and passing-off actions.
Contact: Nicolas Ktenas
Litigation & Arbitration:
7 partners, 28 others
This department handles administrative law, admiralty, international trade law, land, matrimonial and traffic accident cases, debt collection, defamation, negligence and other torts, and conducts domestic and international arbitration,mediation and other forms of ADR.
Real Estate & Immigration:
2 partners, 3 others
This department deals with all issues related to real estate, including agreements for buyers and sellers, expatriation of funds, estate planning and succession issues, particularly for HNWIs. It has extensive experience in citizenship applications, employment permits, permanent residence permits and other immigration matters.
Contact: Christos Vezouvios
Tax Law & International Tax Planning:
2 partners, 25 others
The department advises on tax law and treaties, plans structures for multinational companies and handles tax disputes. Recent tax reforms in Cyprus provide tax planning opportunities for local and international businesses in a new and more favourable environment for holding companies and company reorganisations.
Contact: Philippos Aristotelous
Clients: Multinational blue-chips from the automotive, banking, brewing, hotel, tourism and leisure, media and entertainment, insurance, information technology and telecommunications sectors, as well as consumer goods, stock broking and finance and investment companies