About

Provided by Elias Neocleous & Co LLC

Elias Neocleous & Co LLC clients benefit from a dedicated private wealth team to navigate Cyprus’ international trust legislation and non-domiciled regime which under certain conditions gives tax exemptions on key types of investment income such as dividends, interest, and royalties.

 

Guided by experienced partners Elias Neocleous and Kyriacos Xenophontos, and Senior Legal Counsel Michael Pelosi, the team serves the needs of HNWIs, UHNWI’s, and their home country advisors. This includes strategic advice on trust establishment, wills, probate, tax planning, wealth management, asset structuring, family office creation, and wealth extraction from family businesses. The firm ensures legal compliance and optimised financial strategies, including cross-border transactions involving corporate and commercial law, to preserve wealth effectively. Whether guiding clients through estate planning or advising on tax obligations, it provides tailored solutions for their specific needs. Additionally, clients may also access the firm’s affiliated trust company service.

 

The firm’s award-winning tax team also advises on a range of related matters including individual tax advisory and compliance, individual tax domicile and residency issues, tax efficient schemes and incentives for HNWIs (e.g. yacht & aircraft leasing schemes and the use of trusts), obtaining advanced tax rulings from the Cyprus tax authorities, and exemptions and incentives available for individuals relocating to Cyprus.

Chambers Review

Provided by Chambers

Private Wealth Law - Cyprus

1
Band 1

What the Team is Known For

Elias Neocleous & Co frequently assists wealthy clients with complex private wealth matters, including tax, estate planning and structuring. Its lawyers often handle cross-border transactional matters for high net worth clients.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Elias Neocleous
1
Elias Neocleous
Head of Private Wealth Law
1
Band 1
Elias Neocleous has strong expertise advising on foundations, trusts, and asset management. His name is well-known in the Cypriot legal market and he is noted for his work with ultra-wealthy clients.

Elias has been doing this a long time, he is tremendously knowledgeable. He also does an excellent job of assembling people with great cross-border knowledge in various areas of law.

Elias is a very experienced and capable lawyer.

Elena Christodoulou
Elena Christodoulou
Associates to watch

Elena Christodoulou works on a variety of high value, cross-border tax advisory mandates for high net worth clients in industries including tech, leisure and transport.

She is a good example of someone who is a lawyer and has now also got financial certifications, so she is able to look at things from a holistic perspective.

Ranked Individuals at
Elias Neocleous & Co LLC

Provided by Chambers
Filter by
Band

Cyprus

Private Wealth Law

Elias Neocleous
1
Elias Neocleous
Head of Private Wealth Law
1
Band 1
Elena Christodoulou
Elena Christodoulou
Associates to watch

Members

Provided by Elias Neocleous & Co LLC

Elena Christodoulou

Elias Neocleous

Elias Neocleous

Head of Department

Michael Pelosi