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 Ranks Among EU Leaders In Tertiary-Educated ICT Workforce

by THEFUTURE.TEAM

May 25, 2026

High Educational Attainment Sets Cyprus Apart

Recent data from Eurostat showed that Cyprus is expected to rank among the leading European countries for tertiary-educated ICT professionals in 2025. According to the figures, 96.4% of ICT professionals in Cyprus are projected to hold tertiary education qualifications, placing the country among the highest-ranked members of the European Union.

Gender Disparity Remains A Critical Challenge

Despite the high level of educational attainment, the ICT workforce in Cyprus continues to show a significant gender imbalance. Men are projected to account for 85.1% of ICT employees in 2025, while women are expected to represent 14.9% of the sector. In 2024, the split stood at 70.9% for men and 29.1% for women. The figures highlighted a widening gender gap within the country’s ICT workforce.

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European Union Trends And Comparative Analysis

Across the European Union, the number of ICT professionals is projected to increase to 3.4 million in 2025 from 3.2 million in 2024, representing annual growth of 5.1%. Men are expected to account for 83.4% of ICT employment across the bloc, equivalent to approximately 2.8 million workers, while women are projected to represent 16.6%.

National Performance Variability In Gender Representation

Countries within the EU show a varied landscape: the highest percentages of male ICT professionals are reported in the Czech Republic (92.9%), Slovenia (89.1%), Latvia (89.0%), Lithuania (88.9%), and Slovakia (88.4%). On the contrary, nations such as Denmark (30.0%), Sweden (29.8%), Romania (28.6%), Bulgaria (25.6%), and Croatia (25.2%) lead in female participation in the ICT arena.

Educational Background Across The European ICT Sector

Eurostat data also showed that most ICT professionals across the EU hold tertiary education qualifications. By 2025, 74.8% of ICT workers in the bloc are projected to have university-level education, while 25.2% are expected to hold secondary or post-secondary qualifications. Denmark recorded the highest share of tertiary-educated ICT professionals at 97.7%, followed by France at 96.6% and Cyprus at 96.4%. Other countries with high levels of tertiary-educated ICT workers included Ireland at 92.3%, Bulgaria at 91.1%, and Croatia at 90.9%. At the lower end of the ranking, Italy recorded 69.2%, while Portugal stood at 58.8%.

Conclusion

The data perfectly encapsulates the dual narrative in the ICT sector: while countries like Cyprus and Denmark achieve remarkable educational standards among ICT workers, persistent gender disparities remind us that diversity remains an ongoing challenge. As the ICT landscape continues to evolve, strategic policy formation and corporate governance will be pivotal in balancing excellence with inclusivity.

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