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Cyprus Eastern Forum Index » Legal Questions & Issues » Rental agreements
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Rental agreements 
Post: #1   PostPosted: Mon Jun 19, 2017 9:50 am Reply with quote
mac69
Joined: 21 Feb 2010
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Does anyone know the up to date laws on tax stamps on rental agreements ?

I think I have read on rentals over 500 a month the value of the stamps is on a sliding scale . 0.5% per year .

Do these stamps need to purchased each year the agreement is renewed ?

Example 50 of tax stamps on a 900 a month rental .


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Post: #2   PostPosted: Mon Jun 19, 2017 10:34 am Reply with quote
FoxSmart
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You only need to buy stamps on balance over 5000 euros for the rental period. For example Rent of 500 per month on yearly contract is 6000 total. Therefore stamps needed for 1000 @ 0.5%

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