STAMP DUTY IN THE TURKISH REPUBLIC OF NORTHERN CYPRUS
The Turkısh Republic of Northern Cyprus Stamp Duty Law has been changed by the decree approved by the Council of Ministers on the 28 th February 2018 which will be effective as from 1 st March 2018.
Stamp Duty will be applicable in relation to documents which support any kind of agreement or transaction .The major areas that are subject to stamp duty are stated below:
The success of what has been put in the Strategic Business Plan depends on the establishment of a professional structure which will manage the distribution of water and sewage services.Based on this necessity , municipalities agreed to set up a limited liability company under the name BESKİ Ltd. It has been planned to mange the water distribution and sewage services within the districts served by the municipalities through the operations of this company which will be managed by professional staff and experts.
- Receipt,Invoice,Payment Vouchers withamounts above
- Balance Sheet
Profit and Loss Amount
Custom Declaration Form
Passport
Residence Permit
Work Permit
Changes to Passport - Letter of Credit
- Letter of Guarantee
- Rental Agreements:
Agreements up to TL 16,750,000
Agrements above TL 16,750,000 - Cheques (Banks)
- Stamp Duty (TL)
- 81.20
- 31.50
13.50
13.50
13.50
13.50
13.50
31.50 - 0.50%
- 0.50%
-
0.50%
0.01% - 0.20