DEPARTMENT PROFILE

Elias Neocleous & Co LLC

Private Wealth Law

1 ranked individuals

Band 1

Cyprus

High Net Worth 2021 View ranking table

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Ranked Individuals

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Elias Neocleous & Co regularly advises high net worth clients on private wealth matters, including tax, estate planning and structuring. A market source notes: "They are very involved in the high net worth space in Cyprus. They have good clients and they are a good firm in Cyprus."

An interviewee comments: "I think they are very good to work with. They are responsive and we have never had any problems working with them. They have a high-quality team of lawyers."

Notable practitioners

Elias Neocleous has "a good reputation in Cyprus" and "does a lot of work for high net worth clients," according to a source. He has strong expertise advising on foundations, trusts and asset management. An interviewee notes that "he is very responsive. He is a strong lawyer."

Department Information

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Overview

With more than 155 legal and other professionals, Elias Neocleous & Co LLC is the largest international law firm in Cyprus and one of the most prestigious in the region. All staff members are proficient in English and at least one other language. The firm has an ample resource of people speaking key European and most other significant international business languages. This has contributed to our developing a forte in cross-border work, and, to our establishing a strong client base which spans Europe, the UK, Russia, China, India and South America.

Cyprus has considerable benefits for HNWIs, including well established international trust legislation and a non-domiciled regime which gives complete tax exemption on investment income. Via the unique Cyprus Investment Programme it is also possible for investors to apply for Cyprus citizenship through naturalization by exception.

Our size and focus on quality allow us to dedicate a large specialist team, guided by experienced partners Elias Neocleous and Kyriacos Xenophotos, to serving the needs of HNWIs, UHNWI’s, and, their home country advisors. Kyriacos is qualified both as a lawyer and as an accountant. Clients may also access our affiliated trust company service which is staffed by 12 highly experienced trust managers and chartered accountants.