23 February 2024
On 8 February 2024, the European Commission adopted a revised Market Definition Notice, reflecting new market realities and developments in the Commission’s case practice and EU case law.Read More
13 February 2024
Further to the recent turbulence which arose as a result of the lapse of the deadline for the submission of details of the beneficial owners of companies with the Cyprus Register of Beneficial Owners (the Cyprus UBO Register), the Cyprus Registrar of Companies has issued guidance pursuant to which it provides a final extension of the deadline for the submission of the details of the beneficial owners to the final solution of the electronic Cyprus UBO Register and it decides the repayment of the fines imposed due to the late filings.Read More
09 January 2024
In a welcome and much anticipated interpretation of Cyprus law, the Cyprus Administrative Court has clarified that in proceedings before the Tender Review Authority (the TRA) where the remedies sought include the grant of an order for rendering ineffective a signed contract between the contracting authority and a successful tenderer, such successful tenderer has the right to participate and be heard in the course of the TRA proceedings.Read More
29 June 2023
One year ahead of the implementation of a widespread local government reform in Cyprus, various streams of work are already running in parallel so that the municipal legislation is ready to support the new structure.Read More
07 April 2020
The Republic of Cyprus has published draft legislation to transpose Directive 2018/822/EU on mandatory automatic exchange of information in the field of taxation in relation to reportable cross-border arrangements (DAC6).Read More
The award of contracts by local and central government, public bodies and authorities is regulated by EU and Cyprus law. Individuals and corporate entities of the private sector have a right to fair and transparent tendering procedures and compliance with the applicable legal framework is set to provide these safeguards.
Harris Kyriakides provides professional advice on all aspects of public procurement matters (supplies, services and works contracts), including structuring the tender transaction and choosing the appropriate tendering procedure, preparing and advising on procurement documents and conducting the evaluation of tenders and managing the procurement process and contract award issues.
We also represent individuals and corporate bodies before the Tenders Review Authority and the Cyprus Supreme Court in Public Procurement disputes. Our practice involves hierarchical and judicial recourses against the validity of tender awards made by public authorities and state organs in Cyprus, temporary measures and appellate procedures.
We currently act for many local governmental organisations, such as the Larnaka Municipality, the Athienou Municipality, the Larnaka Water Board and other.