On 22
nd December 2025, the Cyprus Parliament approved the tax reform, which, among other things, abolished, as of the 1
st January 2026, the Stamp Duty Law (Law 19/1963), as amended, eliminating the obligation to pay stamp duty on documents and transactions that would previously have fallen within its scope.
As a result, Cyprus-related agreements and documents are no longer subject to stamp duty, removing an additional cost and simplifying the execution of transactions irrespective of their value provided that these were signed on or after the 1
st January 2026.
Practical Impact
The abolition of stamp duty:
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reduces transaction costs for businesses and individuals;
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simplifies transaction structuring and execution;
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removes formalities previously associated with stamping requirements; and
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enhances Cyprus’s attractiveness for corporate, financing and cross-border transactions.
This reform applies broadly across commercial activity, including share transfers, financing arrangements, commercial agreements and corporate restructurings.
January 2026, Antis Triantafyllides & Sons LLC, Nicosia, Cyprus