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When forming or restructuring a private limited liability company in Cyprus, one of the most critical legal undertakings is the proper alignment of the company’s Articles of Association with the provisions of the Shareholders’ Agreement (SHA). Although these two documents are often drafted concurrently, they differ in nature, legal function, and enforceability—and any divergence or […]

Constantinou Panayiotou & Co LLC (GCPLAW) is pleased to announce the successful representation of our client in the sale of 100% of a leading construction-sector Supplier company, to an investor with foreign interests. This transaction facilitated the full exit of the previous owner from both the shareholding and management structure of the company over a […]

Η συμμόρφωση της Δημόσιας Διοίκησης με τις δικαστικές αποφάσεις αποτελεί θεμελιώδη αρχή του Κράτους Δικαίου και βασική προϋπόθεση για τη διασφάλιση της νομιμότητας, η οποία θα πρέπει να διέπει την δράση της Διοίκησης. Το Άρθρο 146 του Κυπριακού Συντάγματος καθορίζει το πλαίσιο μέσα στο οποίο η Διοίκηση οφείλει να ενεργεί όταν μια πράξη της ακυρώνεται […]

Compliance of the Public Administration with court decisions is a fundamental principle of the Rule of Law and a basic condition for ensuring legality, which should govern the action of the Administration. Article 146 of the Cyprus Constitution sets out the framework within which the Administration must act when an act of its is annulled […]

We would like to congratulate our Senior Partner and Head of Litigation Department Panos N. Panayiotou and our Associate Lawyer Maria Prokopiou for successfully representing our client PROTON MEDICAL (CYPRUS) LTD in a Recourse before the Administrative Court. The Administrative Court, in its ruling dated February 7, 2025, upheld Recourse No. 1479/2024 filed by PROTON […]

Το Διοικητικό Δικαστήριο με σημερινή του απόφαση (7/2/2025) έκανε δεκτή την Προσφυγή υπ’ αριθμό 1479/2024 της PROTON MEDICAL (CYPRUS) LTD (Αιτήτρια) και ακύρωσε απόφαση της Αναθεωρητικής Αρχής Προσφορών (ΑΑΠ) βάσει της οποίας είχε απορριφθεί η Ιεραρχική Προσφυγή της Αιτήτριας. Η Αιτήτρια είχε προσβάλει απόφαση του Οργανισμού Ασφάλισης Υγείας (ΟΑΥ) για αποκλεισμό της από τον Διαγωνισμό […]

Cyprus has established itself as a highly competitive jurisdiction for intellectual property (IP) management through its attractive IP Box Regime. Designed to promote innovation and research and development (R&D), the regime offers substantial tax benefits for businesses developing or exploiting qualifying IP assets. With an 80% deduction on qualifying profits, only 20% of the IP […]

On 18/12/2024, the Council of Ministers has approved the revised Cyprus Start up scheme, including revisions that will be attractive to talented entrepreneurs from non – EU countries, where they will be allowed to work and reside in the republic of Cyprus with the goal to set up, establish and operated new and innovative start-ups. […]

This article focuses on two key aspects: Cyprus is a Common Law jurisdiction. The Cyprus Courts invoke on the fundamental legal principle stare decisis, meaning that the Courts honour precedents, and based on the hierarchy of courts, the decisions are considered binding for the first instance Courts. The English Case Law attained a pivotal role […]