Cyprus Tax Authority Eliminates Stamp Duty Fee For Post-2026 Documents

by THEFUTURE.TEAM

January 12, 2026

Exemption Effective January 1, 2026

The Cyprus Tax Authority has announced a significant overhaul in the application of stamp duty fees. According to the new directive, documents that are drafted and signed from January 1, 2026, onward will be entirely exempt from stamp duty, in accordance with the updated legislative framework that mandates the abolition of stamp duty stamps.

Existing Obligations for Pre-2026 Documents

It is important to note that documents prepared or signed by any contracting party up until December 31, 2025, will continue to be subject to the prevailing stamp duty regulations outlined in the 1963 to 2025 Stamp Duty Laws. These documents must be stamped following the established procedures, ensuring compliance with current legal requirements.

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Operational Continuity and Administrative Measures

The Tax Authority also confirmed that Authorized Stamp Duty Sales Representatives are permitted to continue vending only the existing stock of stamp duty stamps. This measure is designed to service documents that remain under the remit of stamp duty fees under the old regulations.

Inter-Ministerial and Service Arrangements

Furthermore, fees under the jurisdiction of other ministries, services, or departments will continue to be paid using the currently circulating stamp duty stamps until new procedures are formally implemented by the competent authorities. This transitional period ensures a smooth update and maintains regulatory clarity across various governmental sectors.

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Cyprus Introduces €200 Million Support Measures To Cut Energy And Food Costs

by THEFUTURE.TEAM

March 27, 2026

Comprehensive Relief Measures For A Resilient Economy

The government of Cyprus introduced support measures exceeding €200 million to reduce household expenses and support key sectors. The package targets energy costs, food prices, tourism and agriculture. Measures come in response to rising costs and supply pressures. Implementation begins in April and May 2026.

Energy And Fiscal Reforms

The government will reduce VAT on electricity for households to 5% from May 1, 2026, to March 31, 2027. The measure is expected to lower energy bills. Special consumption tax on transport fuels will decrease by 8.33 cents per liter between April and June 2026. Policy targets fuel-related costs.

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Broadening The Zero VAT Initiative

Authorities will expand the list of products with zero VAT. Meat, poultry and fish will be included from April 1 to September 30, 2026. Existing zero-VAT categories already include fruits and vegetables. The government also decided not to introduce a green tax on fuels, avoiding an additional cost of about 9 cents per liter.

Sector-Specific Supports

The package includes a 30% wage subsidy for hotel employees for April 2026. Measure supports tourism businesses during the early season. Support for airlines aims to maintain connectivity with key destinations. The agriculture sector will receive subsidies covering 15% of costs for fertilizers and supplies in April and May.

Economic Stability, National Security

President Nikos Christodoulidis said economic stability remains a priority for the government. He noted that growth, fiscal balance and inflation trends support current policy decisions. Statement links economic policy with broader national priorities. The government continues to monitor external risks.

Ensuring Consumer Protection

Furthermore, the government has mandated rigorous market oversight and intensified inspections to prevent exploitative pricing during this period of economic intervention. This proactive stance ensures that the benefits of the measures directly serve the citizens without unintended inflationary impacts.

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