Stamp Duty and Capital Duty

Capital gains tax and exemptions

Stamp Duty.

The following table gives the amount or rate of duty payable on certain documents. Transactions which fall within the scope of re-organisations are exempt from stamp duty. Also, documents relating to assets situated outside Cyprus or business affairs that take place outside Cyprus are exempt from stamp duty.

Document Cost in €
Receipts (if not exempt) - for sums of over €4
7 cents
Cheques
5 cents
Letters of credit
€2
Letters of guarantee
€4
Bills of exchange (payable within three days, on demand or at sight)
€1
Contracts with a fixed amount

- the first €5.000
- between €5.001 - to €170.000
- above €170.000


0
1.5%
2%
Contracts without fixed sum
€35
Customs declaration documents (depending on document type)
€18-€35
Bills of lading
€4
Charterparty
€18
Powers of attorney

-general
-limited




€6
€2
Certified copies of contracts and documents
€2

Capital Duty.

Upon incorporation of a Cyprus company.

Authorised share capital
€105
Issued share capital
There is no capital duty payable if the shares are issued at their nominal value. There is a €20 flat duty if the shares are issued at a premium.

Upon subsequent increases.

Authorised share capital
Nil
Issued share capital
€20 on every issue, whether the shares are issued at nominal value or at a premium.
Scroll to Top