Abolition of Stamp Duty

As reported before, one of the measures decided as part of the Tax Reform is the abolition of Stamp Duty.

With an announcement dated 7 January 2026, the Tax Department clarified that if a document was prepared and signed, even by one of the counterparties, after 1 January 2026, it will not be subject to Stamp Duty. Any documents prepared and signed before that date will be subject to Stamp Duty based on the provisions of the relevant legislation in effect up to 31 December 2025.

Any duties payable based on legislation applicable to ministries or governmental departments will be processed using stamps available on the market, until other arrangements are put in place by the relevant authorities.

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