Business

Decision of the Tenders Review Authority Annulled Regarding the Exclusion of PROTON MEDICAL (CYPRUS) LTD from a Tender for the Supply of Insulin Pumps under the GHS

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 […]
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Ακυρώθηκε απόφαση της Αναθεωρητικής Αρχής Προσφορών για αποκλεισμό προσφοράς της PROTON MEDICAL (CYPRUS) LTD από διαγωνισμό για προμήθεια αντλιών ινσουλίνης στα πλαίσια του ΓΕΣΥ

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 […]
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Cyprus IP Box Regime

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 […]
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Revised Cyprus Start up Visa Scheme

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. […]
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The legal implications of the compulsory liquidation by creditors, upon the ultimate beneficial owners (hereinafter referred to as “the UBOs”), the directors and the shareholders of a Cyprus Company.

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 […]
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Cyprus’s Non-Dom Tax Regime

The landscape for non-domiciled (“non-dom”) individuals in the UK is undergoing dramatic changes, causing a wave of uncertainty and concern among the wealthy. Many high-net-worth individuals are exploring alternative jurisdictions that can better meet their personal, business, and financial needs. Countries like Italy, France, Greece or Dubai are on their radar. However, recent trends and […]
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Ακυρώθηκε για δεύτερη φορά ο διορισμός της ΓΔ του ΚΟΑ.

Δεκτή και η δεύτερη προσφυγή του αιτητή Δρα Κώστα Σολωμού, τον οποίο εκπροσώπησε και τις δύο φορές επιτυχώς το δικηγορικό γραφείο Constantinou Panayiotou & Co LLC – GCP Law. Με σημερινή του απόφαση το Διοικητικό Δικαστήριο κατόπιν Προσφυγής του ανώτερου υπαλλήλου του Οργανισμού δρα Κώστα Σολωμού προχώρησε σε ακύρωση του διορισμού της Γενικής Διευθύντριας του […]
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GCP Law Joins Nextlaw Referral Network

We are proud to announce that CONSTANTINOU PANAYIOTOU & CO – GCPLAW has joined the prestigious Nextlaw Referral Network. Created by Dentons, the world’s largest law firm, Nextlaw is the world’s broadest legal community, with memberships in over 650 firms spanning more than 200 countries. The guiding principle behind Nextlaw is to guarantee that clients receive the highest […]
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