Elias Neocleous & Co LLC was proud to sponsor the 3rd Cyprus International Technology Relocation Summit, which brought together leading professionals from the technology, legal, consulting and investment sectors to discuss Cyprus’ growing role as a strategic hub for tech companies.
During the panel “The Corporate Offering: An International Business Centre with an Attractive Framework for Technology Companies,” Andrea Kallis Parparinou, Partner at Elias Neocleous & Co LLC, shared insights on the types of business structures available, their legal characteristics and the legal framework behind investing in Cyprus and the mechanisms available for cross mobility of companies. She also discussed how Cyprus structures manage and protect intellectual property (IP), which although an intangible asset, is often the most important one for tech companies. She explained how businesses can safeguard IP ownership through collaborations with third-party providers, and highlighted upcoming EU reforms such as the European Design Regulation (EUDR) which will enhance protection for digital products.
Alexis Christodoulou, Associate at Elias Neocleous & Co LLC, also participated as a panelist in the discussion “The Advantages for Business Owners and Shareholders, HNWIs and Their Families, and Employees.” He shared practical tax insights and real-life examples illustrating the challenges and opportunities for individuals relocating to Cyprus. Alexis also outlined key aspects of the Cypriot personal tax system and strategies to maintain tax residency and compliance for high-net-worth individuals and professionals.
Elias Neocleous & Co LLC remains committed to supporting initiatives that promote Cyprus as a leading destination for technology and innovation. As a one-stop shop for technology companies, the firm provides comprehensive legal, tax, and advisory services to businesses seeking to relocate, establish, or expand their operations in Cyprus.