The following table gives the amount or rate of duty payable on certain documents.
Transactions which fall within the scope of reorganizations are exempt from stamp duty.
Also, any contracts relating to assets situated outside Cyprus or business affairs that take place outside Cyprus are exempt from stamp duty.
|Nature of documents|
|Receipts (if not exempt) – for sums over €4||7 cents|
|Letters of credit||€2|
|Letters of guarantee||€4|
|Bills of exchange (payable within three days, on demand or at sight)||€1|
|Contracts – the first €5.000||0|
|Contracts – between €5.001 to €170.000||1.5‰|
|– over €170.000||2‰*|
|– without fixed sum||€35|
|Customs declaration documents||€18 – €35|
|Bills of lading||€4|
Powers of attorney
Certified copies of contracts and documents