Cyprus:
Cyprus Tax Facts 2021 – Stamp Duty
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The table below gives the amount of duty payable on certain
documents. Any contracts relating to assets situated outside Cyprus
or business matters that take place outside Cyprus are exempt from
stamp duty. Transactions during reorganizations are also
exempt.
NATURE OF DOCUMENT |
|
Receipt – for sums over € 4 |
7 cents |
Cheque |
5 cents |
Letter of credit |
€ 2 |
Letter of guarantee |
€ 4 |
Bill of exchange (payable within 3 days on demand
or at sight) |
€ 1 |
Contracts with a fixed amount
5.000
/ € 5.001 – € 170.000
/ over € 170.000 |
Maximum stamp duty payable on a contract is € 20.000
Contracts without a fix sum |
€ 35 |
Customer declaration document |
€ 18 – 35 |
Bill of lading |
€ 4 |
Charter party |
€ 18 |
Power of attorney
/ general
/ limited |
€ 6
€ 2 |
Certified copy of contracts and documents |
€ 2 |
Originally published 03 February 2021
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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