Abolition of the Stamp Duty Laws of 1963–2025 effective as of 1 January 2026
Following the repeal of the Stamp Duty Laws of 1963–2025 with effect as of 1 January 2026, any document drafted and signed by at least one contracting party on or after that date will no longer be subject to stamp duty.
Documents drafted and signed by at least one contracting party on or before 31 December 2025 shall remain subject to stamp duty, as prescribed by the Stamp Duty Laws of 1963–2025, and must be duly stamped in accordance with the procedures in force up to and including that date.
The Tax Department has confirmed that, pursuant to Law No. 239(I)/2025, the Stamp Duty Laws of 1963–2025 are repealed with effect as of 1 January 2026.
Licensed Stamp Duty Vendors may continue to sell any stamp duty instruments already in their possession, enabling documents that remain subject to stamp duty to be properly stamped under the procedures applicable until 31 December 2025.
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In addition, the payment of duties imposed under the legislation of other ministries, services, or departments through the use of stamp duty instruments may continue until alternative arrangements are introduced by the competent authorities. |
Practical impact on migration procedures
As a result of the repeal, no stamp duty will be required for employment contracts, contract addenda, or tenancy agreements submitted to the Migration Department on or after 1 January 2026.
Accordingly, immigration-related procedures are expected to become more streamlined and efficient, with a reduction in administrative formalities and associated costs.
Author: Georgios Kosasvili.
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