Insights
Insightful Perspectives with Meaningful Impact
Cyprus introduces ERGANI platform to enhance employment transparency
The Ministry of Labour and Social Insurance in Cyprus has introduced a new decree requiring all employers to register the essential terms of employment for their employees in the ERGANI information system platform. This initiative - Read More...
Cyprus Constitutional Court clarifies tax tribunal powers in insolvent company disputes
The Supreme Constitutional Court of Cyprus, in a unanimous judgment, overturned the Administrative Court’s decision that declared invalid the imposition of tax guarantees as a condition for challenging a tax assessment by an insolvent company. - Read More...
The right to the environment: A new chapter in Cyprus’ constitutional framework
The protection of the environment has now acquired a constitutional dimension in Cyprus through the enactment of the Nineteenth Amendment to the Constitution (Law 171(I)/2024), published in the Official Gazette of the Republic on 31 - Read More...
New labour framework expands opportunities for highly-skilled workers in Cyprus
The Cypriot government has taken significant steps to address labour market shortages and enhance its workforce by implementing decrees issued by the Cyprus Ministry of Labour. These decrees, published in the official gazette, introduce updated - Read More...
Legal Consultants for Larnaca 2030 – European Candidate City
We are pleased to share that Harris Kyriakides is the legal consultant supporting the efforts of @Larnaca 2030 in its journey to becoming the European Capital of Culture 2030. As part of this initiative, we - Read More...
IN Business News Interview with Michael Kyriakides: Where law firms should invest to gain an advantage
Artificial intelligence (AI) is here to take on the most demanding tasks, and Harris Kyriakides has already implemented such technologies, aiming to operate at the level of major law firms with a global presence. This - Read More...
Mandatory mediation for civil disputes in Cyprus
The Cyprus Council of Ministers has approved an amendment requiring mandatory mediation for civil disputes valued at up to €10,000 before filing a lawsuit in court. This initiative, which forms part of a broader effort - Read More...
Changes to the Cyprus UBO Registry framework
The Department of Registrar of Companies and Intellectual Property (DRCIP) has announced significant updates to the implementation framework of the Ultimate Beneficial Owners (UBO) Registry in Cyprus. These changes stem from the enactment of the - Read More...
Major reforms announced in Cyprus public procurement regulations to enhance efficiency
The House of Representatives of the Republic of Cyprus is reviewing amendments aimed at streamlining the management of public contracts. These changes include enhancing procedures for evaluating contract variations and economic operator exclusions. The reforms - Read More...
Compulsory Acquisitions: Legislative amendment and modernisation of the process
One of the key legal developments of 2024 is the introduction of the “Compulsory Acquisition (Amendment) Law of 2024.” This new bill, prepared by the Ministry of Interior, brings significant changes aimed at modernising and - Read More...
Harris Kyriakides advised Eurobank Greece on its acquisition of a landmark property at Kifissias Avenue
Harris Kyriakides advised Eurobank, acting via Grivalia Management Company, on its acquisition of 100% of the share capital of a Cyprus-based subsidiary of DIMAND S.A., securing ownership of the landmark property at Kifissias Avenue, now - Read More...
Cyprus updates legislation on recovery and resolution of credit institutions and investment firms
Introduction The Cyprus House of Representatives has approved two legislative amendments to align national laws with EU directives on the recovery and resolution of credit institutions and investment firms. These developments are part of a - Read More...