N. Pirilides & Associates LLC Law Chambers

02/10/2026

We are pleased to announce the successful representation of three companies in proceedings concerning alleged violations of Cyprus competition law, which had resulted in the imposition of administrative fines.

On 30 September 2026, the Administrative Court annulled the relevant administrative decision, finding, among other things, that the Commission for the Protection of Competition in Cyprus:

◾ failed to properly assess the submissions and supporting evidence put forward by the companies;
◾ failed to provide adequate reasoning establishing the alleged infringement; and
◾ unjustifiably rejected requests by the companies’ representatives for access to material information in the case, thereby affecting their ability to properly defend their interests.

The administrative proceedings before the Commission for the Protection of Competition were handled by Mr Neofytos Pirilides, while the proceedings before the Administrative Court were conducted by Mr Savvas Theofanous.

This outcome underscores the importance of procedural fairness, access to relevant case material, adequate reasoning in administrative decisions, and the effective protection of parties’ rights in competition law proceedings.

We congratulate our team on this successful result and remain committed to providing our clients with dedicated, strategic, and effective legal representation.

04/08/2026

21/07/2026

Μικρό διάλειμμα. Το καλοκαίρι θέλει παγωτό! 🍦❄️🍧

02/07/2026

Success is built on trust, collaboration, and the people behind it. Here’s to our incredible team and a well-earned summer outing with the team! ☀️😄

01/07/2026

Honorary Cyprus citizenship is an exceptional form of naturalization granted only in rare cases where the public interest of the Republic of Cyprus justifies such recognition.

It is reserved for individuals whose achievements or services are considered to be of outstanding importance to the Republic. The granting of citizenship is a discretionary decision taken exclusively by the Council of Ministers.

Honorary Cyprus citizenship is an exceptional form of naturalization granted only in rare cases where the public interest of the Republic of Cyprus justifies such recognition. It is reserved for individuals whose achievements or services are considered to be of outstanding importance to the Republic...

15/06/2026

A significant development in Cyprus tax planning has emerged under Circular 2/2026, introducing a structured alternative to managing long-term Special Defence Contribution (SDC) exposure for individuals becoming deemed domiciled in Cyprus. This option is particularly relevant for long-term tax resid...

03/06/2026

Property transactions are often among the most significant financial decisions a person will make. Whether you are purchasing your home, selling an investment property, or entering into a rental agreement, it is important to understand the costs involved, including estate agent commissions.

Property transactions are often among the most significant financial decisions a person will make. Whether you are purchasing your home, selling an investment property, or entering into a rental agreement, it is important to understand the costs involved, including estate agent commissions.

13/05/2026

We are pleased to announce that our Partner, Savvas Theofanous, will be attending the Cyprus Arbitration Day Conference, a premier international gathering of leading legal professionals, arbitrators, academics, and industry experts.

The conference serves as a key forum for the discussion of current developments, emerging trends, and practical challenges in the field of international arbitration, as well as the exploration of future opportunities within the discipline.

As our Firm is committed to promoting international arbitration, we look forward to his participation.

30/04/2026

We are pleased to have advised Piraeus Bank on a multi-million euro financing transaction involving a Greek company and its Cypriot subsidiaries for the acquisition of two hotel properties in Protaras and Paphos, as well as the financing of extensive renovation works for their transformation into luxury contemporary hotels.

The matter was led by our Senior Partner, Kyriakos Karatsis, reflecting the firm’s extensive experience in complex cross-border banking, finance and hospitality sector transactions.

We remain committed to delivering commercially focused legal solutions across high-value financing and real estate matters.

07/04/2026

We are delighted to share that our Kyriakos Karatsis and Savvas Theofanous will be attending the IBA Annual Litigation Forum 2026, taking place in Madrid from 15 to 17 April.

We look forward to engaging with peers, exchanging insights, and further strengthening our international professional relationships.