Print this page ПРОФИЛЬ НАШЕЙ ФИРМЫ ПРАКТИКА ФИРМЫ ОФИСЫ РАБОТНИКИ ФИРМЫ ВОЗМОЖНОСТИ ДЛЯ БИЗНЕСА НА КИПРЕ АССОЦИИРОВАННЫЕ УСЛУГИ ПУБЛИКАЦИИ НОВОСТИ ФОРМА ЗАПРОСА О ПОЛУЧЕНИИ ДОПОЛНИТЕЛЬНОЙ ИНФОРМАЦИИ FREE GUIDANCE ВОЗМОЖНОСТИ ТРУДОУСТРОЙСТВА:NEW! ИНФОРМАЦИОННЫЙ БЮЛЛЕТЕНЬ КНИГА В РЕЖИМЕ ОН-ЛАЙН

12/02/2004: Appeal against airports PPP decision rejected Alterra Consortium, for whom Andreas Neocleous & Co acted, was chosen in November 2003 as the preferred bidder for the CY£200 million (US$404 million) Public-Private Partnership (PPP) contracts to upgrade the airports at Larnaca and Paphos, following a unanimous decision by the Cypriot governments Central Tenders Board. A representative member of a loosing consortium has now failed to overturn this decision. Andreas Neocleous & Co was retained by the Alterra Consortium to represent it as an interested party throughout. Read more>> 03/02/2004: A Firm for All Seasons Four Seasons Hotels, the global hotels and resorts giant, advised and represented by Andreas Neocleous & Co,, has won the latest round in a long-running trademark battle against the owners of a Limassol hotel. Read more>> 26/1/2004: Cyprus Ranked 14th Freest Economy in the World Cyprus has been ranked fourteenth worldwide with regard to its level of economic freedom, according to a report entitled2004 Index of Economic Freedom, issued by the Washington-based research centre the Heritage Foundation and the Wall Street Journal Read more 13/01/2004: Andreas Neocleous & Co. has taken on two new Partners It is with great pleasure that Andreas Neocleous & Co announced the election of two leading lawyers to the partnership of the firm, with effect from 1 January 2004. Kyriacos Georgiades specialises in banking and general corporate work. Chambers Global 2003-2004 said that Kyriakos had ‘…received numerous recommendations from clients and foreign law firms...’, and had been ‘…singled out as a prominent member of the team.’ He graduated from Queen Mary College, University of London, in 1978 and was admitted as a Solicitor of the Supreme Court of England and Wales in 1980. He was previously a partner in the London law firm, Mundays. Anna Panayiotidou is Head of Team Two in the Litigation Department which deals with banking and finance disputes, hire purchase agreements, bankruptcy and insolvency law as well as Matrimonial matters. She specialises in Family and Divorce Law, Banking Law and Insolvency Law. She graduated from Salonica University in 1992 and was admitted to the Cyprus Bar Association in 1993. 09/01/2004 :Россия выступает за сохранение прочных связей с Кипром даже после вступления Республики в Европейский Союз Cообщает ведущее еженедельное издание деловых кругов острова Файнэншнл Миррор в своем выпуске от 31 декабря 2003 года. Газета анализирует, каким образом новое положение острова повлияет на торговые и экономические взаимоотношения со странами, не входящими в Европейское сообщество, но играющими значительную роль в кипрской экономике. Кроме соглашений об избежании двойного налогообложения, действие которых сохранится и после присоединения Кипра к Европейскому Союзу, одной из фундаментальных основ взаимоотношений представляется экономически выгодный и надежный торговый арбитраж на Кипре. В качестве другого ключевого аспекта упоминаются преимущества, связанные с кипрскими холдинговыми компаниями, паевыми инвестиционными фондами и трастами, а также с судовладением и судоходными услугами. При том, что налоговый фон вынужден был претерпеть изменения, в отказе от оффшорного статуса Кипра, полагают авторы, нет никакой необходимости. В целом, по мнению специалистов, Кипр сохранит свой статус благоприятного региона для российских интересов. 26/11/2003 : Andreas Neocleous & Co acts for winning airports PPP bidder The Alterra Consortium, for whom Andreas Neocleous & Co acts, has been announced as the preferred bidder for the CY£200 million (US$404 million) Public-Private Partnership (PPP) contracts to upgrade the airports at Larnaca and Paphos, following a unanimous decision by the Cypriot governments Central Tenders Board. Read more 13/11/03:Более совершенные стандарты ISO 9001 для Андреас Неоклеус и Ко. Фирма Андреас Неоклеус и Ко. всегда cоответствовала самым современным предъявляемым требованиям, предоставляя юридические услуги высочайшего качества. Наша система управления качеством была сертифицирована в 1998 году Бюро Веритас Куолити Интэрнэшэнэл как соответствующая стандартам ISO 9001:1994. Андреас Неоклеус и Ко являлась первой юридический фирмой на Кипре и, насколько нам известно, остается единственной юридической фирмой на территории Республики, получившей подобную оценку. С чувством удовлетворения и радости настоящим мы сообщаем о том, что в результате проведенного независимого аудита наша фирма была признана Бюро Веритас Куолити Интэрнэшэнэл соответствующей более высоким стандартам качества, и применяемый ранее стандарт сертификации ISO 9001:1994 подлежит усовершенствованию и замене на расширенный стандарт ISO 9001:2000. Read >> 10/10/2003: Элиас А. Неоклеус и Кириакос Георгиадес, Партнеры Отдела управления компаниями фирмы Андреас Неоклеус и Ко., комментируют принятие нового Закона о движении капитала. 1 мая 2004 года в соответствии с условиями Договора о вступлении в Европейский Союз, подписанного в Афинах 16 апреля 2003 года, десять европейских государств, включая Кипр, войдут в Европейское Сообщество как страны-участницы. В качестве очередного шага на пути реализации своего стремления к приведению законодательной системы государства в соответствие с правом Европейского Союза законодатели Кипра в июле 2003 года приняли Закон о движении капитала № 115 (I) от 2003 года. Как и следует из его названия, целью Закона является введение режима, разрешающего свободное движение капитала и платежей. Read more 29/07/03:Кипрский налог на яхты отменен Правительство Кипра приняло решение об отмене налога на яхты как на предмет роскоши, который вынуждал владельцев яхт перегонять свои суда к более дешевым берегам. Read more 15/07/2003:Кипрский парламент единогласно поддержал вступление Кипра в Европейский Союз 14 июля 2003 года Палата Представителей кипрского парламента на своем внеочередном заседании единогласно ратифицировала Договор о вступлении Кипра в Европейский союз. Принятие решения сопровождалось двухчасовыми поздравительными выступлениями. Read more 02/06/03: ЦЕНТРАЛЬНЫЙ БАНК РОССИИ ИСКЛЮЧАЕТ КИПР ИЗ СПИСКА ОФФШОРНЫХ ЗОН Официальные представители Центрального Банка Кипра и Центрального Банка Российской Федерации провели на прошлой неделе третье заседание Кипрско-российского межправительственного комитета по экономическому сотрудничеству. Read more 20/05/2003: Закон о компаниях, оказывающих финансовые услуги Элиас А. Неоклеус, партнер и глава Отдела корпораций и торгового права компании Андреас Неоклеус и Ко., предлагает краткий обзор изменений в законодательстве и анализирует оказываемое ими воздействие на инвестиционные компании Кипра. Read more 09/05/2003: A KNIGHTHOOD CREATED BY MISPRONUNCIATION Not so long ago, titles in the United Kingdom could be bought with suitable donations to political parties.... Read more 29/04/2003: ЦЕНТРАЛЬНЫЙ БАНК ОПРОВЕРГАЕТ ЗАЯВЛЕНИЯ В ОТНОШЕНИИ БАНКОВСКОЙ ТАЙНЫ Центральный Банк Кипра (ЦБ) опроверг сообщения Российской газеты в отношении якобы имевших место нарушений законов банковской тайны при работе с Федеральной Комиссией по Ценным Бумагам России (ФКЦБ). Read more 02/04/2003: Новый Генеральный Прокурор Кипра. После отставки г-на Алекоса Маркидеса, Президент Кипра, г-н Тассос Пападопулос назначил г-на Солона Никитаса новым Генеральным Прокурором, и данное назначение вступает в силу 1 мая 2003 года. Read more 27/03/2003 :Cypriot trusts and international companies Cypriot trusts are effective vehicles for channelling income to and from companies in different jurisdictions. Recent corporation tax changes have placed Cyprus in a good position to use companies in conjunction with Cypriot offshore trusts. Read more Новый президент Кипра Кандидат со стороны оппозиции, Тассос Пападопулос, 69 летний юрист, выиграл президентские выборы в воскресенье, одержав победу над ветераном и юристом Глафкосом Клеридесом. Read more Джордж Какояннис Все юристы Кипра и юридическое сообщество в целом понесли большую потерю в начале этого месяца. Read more КИПР ВСТУПАЕТ В ЕС На саммите ЕС, проходившем в Копенгагене 12/13 декабря, решение по вступлению Кипра в ЕС было в целом одобрено. В зависимости от референдума по ратифицированию соглашения, вступление должно произойти 1 мая 2004 года. Процесс вступления Кипра в Европу начался в 1972 году, когда было подписано Соглашение Объединения между Кипром и ЕС, в отношении отмены таможенных пошлин и иных ограничений. Переговоры об объединении официально начались в 1998 году, и с тех пор Кипр был вовлечен в приведение своего законодательства в соответствие с правом Европейского Союза, в частности с Европейским Кодексом Поведения по Налогообложению Бизнеса. В качестве примера, основные изменения в кипрской налоговой системе, которые вступают в силу 1 января 2003 года, свидетельствует о том, что Кипр решительно настроен занять соответствующее место в ЕС. Мы гордимся тем, что внесли значительный вклад в процесс гармонизации, путем составления законопроектов и положений в различных областях законов Третий Кипрский Саммит. Готовность к вступлению в ЕС: 9-10 декабря 2002 года Наш Управляющий Партнер, г-н Андреас Неоклеус, принял участие в семинаре, состоявшемся в Никосии, организованном “Economist”. Он выступил по теме преимуществ и недостатков вступления Кипра в Европейский Союз в области международной бизнес деятельности. Read more 03/12/2002: Система кипрских налогов продолжает укреплять позицию Кипра, как респектабельного Международного Бизнес Центра. Существенные изменения произошли в налоговом режиме Кипра, которые вступают в силу 1 января 2003 года. В статье кратко характеризуются данные изменения и то, как они повлияют на Международные Бизнес Компании и иные организации. Read more 02/12/2002: SEMINARS IN RUSSIA At the State Duma Cyprus is ready to join the European Union. To do so, it has been necessary to effect radical changes in its laws, especially its tax laws, in order to comply with the acquis communautaire of the EU in general and with the EU Code of Business Taxation in particular. Cyprus will eventually join the Schengen treaty, which has a single visa for non-Schengen countries. In view of the above, certain competitors of Cyprus procured adverse publications in the international media, especially in Eastern European countries and Russia. Some Russian authorities and members of the business community began to worry about the situation because they use Cyprus as a business basis amongst others and are seeking some clarifications and information regarding the new developments. In this context, our Managing Partner, Mr. Andreas Neocleous, was invited by the Russian Parliament (State Duma) to lecture to two of its Committees, the Committee Responsible for the Financial Institutions and the Financial Markets and the Legislative Committee, on 18th November 2002. Mr. Neocleous, assisted by Olga Mikhailova, one of our Russian lawyers, explained to the Russian legislators that the accession of Cyprus to the European Union will not have an adverse effect on Russian-Cypriot economic relations but, on the contrary, will further enhance them. Morever, the new tax changes in Cyprus will turn Cyprus into the door to the European Union for Russian and Eastern Europe businesses. The meeting at the Duma was presided over by the Chairman and the Vice-Chairman of the respective Committees, Mr. Zubov and Mr. Vorotnikov. It was attended by 50 and more members of Duma, also by the Cypriot Ambassador, Mr. A. Georgiades, and by the media. The seminar lasted for two hours. It included lively question and answer sessions which provided opportunities for clarifications of numerous matters. At the Moscow Chamber of Commerce and Industry and the Moscow Bar Association On the following day, 19th November 2002, Mr. Neocleous lectured to members of the Moscow Chamber of Commerce and Industry and the Moscow Bar Association. Assisted again by Olga Mikhailova, he spoke about the recent tax changes in Cyprus and the effect of the accession of Cyprus to the EU. His speech, entitled ‘The effect on Cypriot-Russian relations of the accession of Cyprus to the European Union, was also circulated with other papers; to read the speech, please CLICK. Mr. Kasumov, the Vice-President of the Chamber of Commerce and Industry was the host and the event was attended by more than 70 persons including lawyers, business people, professors and representatives of Cypriot and foreign banks. The Cypriot Ambassador was present as well as the Cypriot Commercial Attache Mr. Aris Georgiou. After the seminar Mr. Neocleous, the Ambassador and the Commercial Attache answered questions. Read more 02/12/2002 :SEMINARS IN BRATISLAVA AND VIENNA The Advantages of Doing Business in Cyprus through the Tax Treaties after the EU Accession Our Managing Partner, Mr. Andreas Neocleous, recently participated as a lecturer in two seminars, organized by the Cyprus Chamber of Commerce and Industry, in Bratislava on 11th November 2002 and in Vienna on 13th November 2002. The title of Mr. Neocleous’ lecture was ‘The Advantages of Doing Business in Cyprus through the Tax Treaties after the EU Accession’. He emphasized the continuing importance of Cyprus as a regional and international centre, with a favourable environment for all forms of business activity. As a low-tax jurisdiction in a strategic location, with an extensive network of double taxation treaties, Cyprus has a considerable advantage over other countries taking part in joint ventures and other activities in Central and Eastern Europe. Its recent tax reforms provide a stable framework for very effective international tax planning and the overall effect of the changes should improve, rather than harm, the position of Cyprus as a reputable international business centre. When it becomes a member of the EU, it will have the lowest rate of corporation tax of all member states. Read more CYPRUS TAX REFORM COMPANY REORGANIZATION AND GROUP RELIEF INCENTIVES IN CYPRUS Recent tax reform offer exciting opportunities and important incentives to companies resident or not non-resident in Cyprus to restructure their activities Read more WINNING A GOVERNMENT TENDER IN THE FIELD OF INFORMATION TECHNOLOGY As part of the Cyprus Government’s efforts to upgrade the role of Cyprus as an international and regional business and services centre, a contract was signed with the Spanish Company SEMA Group Sae .... Read more AUSTRIAN OWNED BANK GIVEN BANKING LICENCE An Austrian owned bank, Kommunalkredit International Bank, has recently been granted an International Banking Unit licence. Read more НАЛОГОВЫЕ РЕФОРМЫ НА КИПРЕ Кипр, являясь сформировавшимся бизнес-центром и ведущим кандидатом на вступление в Европейский Союз, в последние годы превратился в объект пристального внимания, в особенности в отношении его налоговой системы. Read more THE CYPRUS STOCK EXCHANGE, 1999-2000 On 6 June 2002 the Finance and Control (Watchdog) Committees of the Cypriot House of Representatives published their joint report on the Cyprus Stock Exchange fiasco of 1999/2000. Read more OFFSHORE FINANCIAL CENTRES – RECENT DEVELOPMENTS `Every man is entitled if he can to arrange his affairs so that the tax attaching under the appropriate Acts is less than it otherwise would be. If he succeeds…he cannot be compelled to pay an increased tax.’ Read more NICOSIA OFFICE IS AMALGAMATING WITH PANAYIOTIS A. KAKKOURAS & PARTNERS We are pleased to announce that on 1 May the Nicosia office of our practice is amalgamating with the law firm of Panayiotis A. Kakkouras & Partners in Nicosia. Read more NEW PROPOSALS TO REGULATE INVESTMENT SERVICES The control of investment services and the compensation of investors are two matters included in a bill which is currently being considered by the Cypriot parliament, the House of Representatives. Read more NEW RUSSIAN LAW TO COMBAT MONEY LAUNDERING The new Law, which will take effect in February 2002, enables Russia to comply with the 1990 Council of Europe Convention on Laundering, Search, Seizure and Confiscation of its proceeds from Crime. Read more PUBLIC PRIVATE PARTNERSHIPS The development of privatization by governments through Public Private Partnerships has become well established. Read more TAX REFORMS IN CYPRUS Substantial and wide-ranging changes in its tax system must be made by Cyprus to conform with the EU Code of Conduct, to meet its obligations to the OECD and to improve its position in the field of international tax competition. Read more COMPETITION IN TELECOMMUNICATIONS AND POSTAL SERVICES Among the important subjects for continuing harmonization and liberalization in the EU are telecommunications and postal services. A Bill to regulate them in Cyprus and to align them with the acquis communautaire has recently been published. Read more EPOLINE, THE ELECTRONIC PATENT PROCEDURE Learn about Epoline, the range of electronic products and services created by the European Patent Office for the intellectual property community. Read more CYPRUS - AN EU CANDIDATE AND A CENTRE FOR INTERNATIONAL BUSINESS At a conference in Moscow, Andreas Neocleous spoke about the advantages of doing business through Cyprus, using its extensive network of double taxation treaties. Read more THE MOSCOW OFFICE Our office in Russia is now at 6 Maly Golovin per., Office 303, 103045 Moscow. Telephone 007 095 928 5017. Fax 007 095 928 5518. Read more LAUNCH OF INTRODUCTION TO CYPRUS LAW IN ATHENS The launch of our book in Athens was organized by the Cultural Centre of the Embassy of Cyprus and the Ministry of Education and Culture of the Republic of Cyprus. Read more THINKING STRATEGICALLY IN A COMPETITIVE ENVIRONMENT Partners, lawyers, consultants and managers of the firm gathered at a hotel in Limassol for two days in February to develop a strategic direction for the firm. Working in full sessions and in groups, they identified the key competitive trends and their impact, the changes needed, the critical issues to be addressed and the key actions to be taken. Read more CYPRUS BRINGS ITS TRADE MARKS LAW UP TO DATE The existing trade marks legislation has been brought up to date by the Trade Marks (Amendment) Law 2000, enacted on 29 December 2000 to implement an EU Directive of 1988. Read more DOING BUSINESS IN RUSSIA Olga Mikhailova, one of our Russian lawyers, has written a detailed account of the current practicalities of business in Russia, a market full of opportunities. Read more CHANGES IN THE TAX SYSTEM IN CYPRUS On 9 January the Minister of Finance presented to the House of Representatives a preliminary document entitled `Tax Reform 2001`, setting at the proposed changes to the existing tax system. Read more MODERN TECHNOLOGY IN THE COURTROOM Videoconferencing may be in its infancy but Panayiotis Neocleous was impressed by it, giving evidence from Cyprus as an expert witness to a court in Vancouver, Canada. Read more LAUNCH OF INTRODUCTION TO CYPRUS LAW IN ENGLAND Our book was launched at a seminar in London organized jointly by us and International Fiscal Services. Read more LAUNCH OF INTRODUCTION TO CYPRUS LAW IN CYPRUS The first launch of our book was in Nicosia, in the presence of the President of Cyprus and other Ministers. Read more THE INTERNATIONAL ACADEMY OF MATRIMONIAL LAWYERS Christos Melides, a partner who heads Team Four of our Litigation department dealing inter alia with Family Law, has been elected a Fellow of the International Academy of Matrimonial Lawyers (IAML). Read more PUBLICATION OF INTRODUCTION TO CYPRUS LAW Our book, the first of its kind in Cyprus, will be published this month. It is going to be an important contribution to Cypriot legal publications. Read more TRADE MISSIONS TO BRUSSELS Our European Union Law department organized the first of a series of trade missions to Brussels in May 2000. They are intended to introduce Cypriot business people to key European Union civil servants and policy makers dealing with areas of special interest to accession countries, particularly Cyprus. Read more THE e- BUSINESS GROUP We have developed an e-business group to consolidate our position as a market leader in the e-business legal services. The group offers a broad range of legal services relating to on-line business, multimedia, information technology, intellectual property, telecommunications and broadcasting. Read more RELOCATION OF THE UKRAINIAN OFFICE The Ukrainian office has moved from Odessa to Kiev. It has four lawyers, including Vladyslav I. Kalny and Dr Oleh V. Zaichuck. Read more ANDREAS NEOCLEOUS & CO HAS TAKEN ON TWO NEW PARTNERS Lefkios Tsikkinis and Christos Melides became partners on 1 August 2000. Read more SIGNIFICANT LIBERAZATION OF FOREIGN INVESTMENT IN CYPRUS The latest policy on foreign direct investment in Cyprus was announced by the Central Bank of Cyprus in January 2000. Read more OFFSHORE COMPANIES: SHARING EXPERIENCE AND DETERMINING THE OUTLOOK FOR THE NEXT DECADE In his speech to the Economist Conference in Cyprus on 27 January 2000 Andreas Neocleous examined the background of international business activities and their prospects for the next ten years in the light of the OECD initiatives and the EU`s Code of Conduct. Read more THE INTERNATIONAL BUSINESS SECTOR IN CYPRUS AND THE PROCESS OF HARMONIZATION WITH THE EU LAW AND PRACTICE Andreas Neocleous spoke to a seminar organized by the Institute of Certified Public Accountants in Cyprus on 24 February about the effect on the international business sector in Cyprus of the issue of harmful tax competition and of the harmonization of Cyprus legislation with the EU, and the action to be taken. Read more CYPRUS INTERNATIONAL COLLECTIVE INVESTMENT SCHEMES The enactment in May 1999 of the International Collective Investment Schemes Law, combined with its large network of double taxation treaties, makes Cyprus a competitive choice in the global fund industry. Read more NEW AMENDMENTS TO THE MERCHANT SHIPPING (FEES AND TAXING PROVISIONS) LAW The Merchant Shipping (Fees and Taxing Provisions) Law has recently been amended with a view to incorporate new taxing provisions in respect of shipmanagement companies incorporated and based in Cyprus. Read more CYPRUS SHIPPING - WITHOUT A COURSE? Cyprus has the 6th largest fleet in the world, having 2,728 ships with a gross tonnage of 28,373,441 million registered on 31.12.00. But where will its flag be when Cyprus join the EU? Read more