2026
Rent on Cyprus Property Must Now Be Paid by Electronic Means
Since 1 July 2026 rent for property in Cyprus may be paid only by bank transfer, card, or another recognised electronic means.
Stamp duty abolished
The Stamp Duty Laws of 1963 to 2024 were repealed. Duty already arisen on documents signed by 31 December 2025 survives under Cap. 1 s.10(2).
2024
The annual company levy is abolished
Article 391 of Cap. 113 is deleted, so the 350 euro annual levy is gone from 2024. Arrears for 2011 to 2023 remain due.
2023
The Civil Procedure Rules 2023 in force
The new Rules apply to cases filed from 1 September 2023: the overriding objective, pre-action protocols, and costs tied to conduct.
New limits for the reduced 5% VAT on primary homes
The reduced rate is recast around buildable area: 130 square metres, proportional treatment to 190, none beyond. The calculator applies the regime.
Maintained automatically as developments are published.