The abolition of stamp duty in Cyprus has been officially introduced under Law 239(I)/2025, which repeals the Stamp Duty Laws of 1963–2025. The new regime applies from 1 January 2026 and significantly reduces administrative burdens for individuals and businesses.
This legislative reform affects a wide range of legal and commercial documents, including sale and purchase agreements, lease agreements, and loan contracts.
When Does the Abolition of Stamp Duty Apply?
New Contracts and Documents (from 1 January 2026)
Any contract or document drawn up and signed on or after 1 January 2026 is no longer subject to stamp duty.
This applies even if the document is signed by only one party.
Contracts Signed up to 31 December 2025
Documents drawn up and signed up to and including 31 December 2025 remain subject to stamp duty, in accordance with the legislation in force at the time of signing.
Such documents must be stamped following the prescribed procedures and timelines.
Use of Existing Stamp Duty Stamps
Despite the abolition, authorised sellers may continue to sell existing stamp duty stamps already in their possession.
These stamps may be used only for documents that remain subject to stamp duty, namely those signed before 1 January 2026.
Other Government Fees and Charges
It is clarified that fees payable under the legislation of other Ministries, Services, or Departments may continue to be paid using the existing stamps currently in circulation, until new regulations or payment mechanisms are introduced.
Key Benefits of the Stamp Duty Abolition
The abolition of stamp duty in Cyprus aims to:
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Reduce bureaucracy and administrative costs
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Facilitate commercial and real estate transactions
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Simplify contract execution
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Enhance Cyprus’s attractiveness as a business and investment hub
The reform is expected to have a positive impact on property transactions, leasing arrangements, and financing agreements.
