Entering a New Financial Era Between TRNC, Dubai and England
As we enter the last quarter of 2025, the world economy is in search of a new balance. Increased financial regulations, interest rate policies, and digitised business processes are turning 2026 into a year of transformation for companies.
As Ortac Global, three main themes are emerging as we enter 2026 in the markets of Northern Cyprus, Dubai, and England:
👉 Transparency, Digitalisation, and Strategic Alignment.
Northern Cyprus: A Time of Increased Investment and Sought Balance
In the past two years, foreign investment in Northern Cyprus has significantly increased.
As real estate, tourism, and service sectors grow, companies are now more open not only to the domestic market but also to international partnerships.
Two main issues are coming to the forefront during this process:
foreign exchange risk management and tax compliance.
Exchange balance: Fluctuations in TL are affecting businesses' pricing and contract processes.
Companies are now making it a reflex to plan their income and expenses in the same currency.Tax and Turkey integration:
TRNC is preparing for closer financial and tax compliance with Turkey in the upcoming period.
While this may require more reporting discipline in the short run, it presents a great opportunity in terms of investor confidence and financial transparency in the long run.Increased welfare and digitalisation:
By 2026, the transition to the New Generation Cash Register system will strengthen tax tracking and operational recording regulations.
This transformation will provide companies with clearer financial visibility while broadening the registered economy.
For Northern Cyprus, 2026 will be the era of growth through financial discipline.
Dubai: The Tax Era is Now Establishing
Dubai implemented a corporate tax system throughout 2025 and is now entering the “compliance and audit year” in 2026.
Transparency era:
Audited financial statements have become mandatory for free zone companies.
To maintain the %0 tax advantage, the activity type and income classification for companies with QFZP status are now defined more clearly.Strategic restructuring:
Companies are reviewing intra-group financing, service, and trade models to maintain the benefits of the free zone.
The most important criterion in 2026 is tax compliance + operational consistency.
Dubai still stands out with a low tax rate, high liquidity, and global connectivity advantage.
However, success now lies not only in the ease of setup but also in the ability to report accurately and plan.
England: The Age of Digital Taxation Begins
By 2026, England will fully transition its tax system to a digital platform.
With the Making Tax Digital (MTD) program, every business will manage its declarations and recording processes through electronic platforms.
This step may initially require compliance for small and medium-sized enterprises, but it will create a more orderly, error-free, and auditable structure in the long run.
The trend in England is clear:
Sustainable financial discipline over profitability.
Companies will now be evaluated not only on revenue but also on data accuracy and digital transparency.
Turkic World: New Bridges, New Opportunities
Countries like Azerbaijan, Kazakhstan, and Uzbekistan are demonstrating stable growth on a regional scale.
Increasing economic cooperation among the Turkic World is creating new connection points for Northern Cyprus-based businesses.
This regional integration aligns with Ortac Global's vision of:
offering local expertise on a global scale.
💡 5 Suggestions from Ortac Global for 2026
Start financial planning today.
Prepare your pre-checks and balance sheets without waiting for the close of 2025.Manage your foreign exchange risk.
Planning income and expenses in the same currency is now key to sustainability.Invest in tax compliance.
Increasing audit standards in TRNC, Dubai, and England provide an advantage with professional reporting.Accelerate digitalisation.
New generation devices, e-invoice systems, and MTD applications are now essential requirements.Evaluate international opportunities.
The economic ties between the Turkic World and the Gulf region create a strong foundation for new business models.
✳️ Conclusion: Preparation for 2026 Starts Today
Economic conditions are changing, but the formula for success remains the same:
Act with planning, transparency, and accurate information.
As Ortac Global;
we are here to ensure that businesses operating in Northern Cyprus, Dubai, and England can enter 2026 with confidence.
The new year is not just a change of calendar — it is the beginning of a new vision.
The safest way to be ready for the future is to plan today.
📄 This content is for informational purposes only. It is not in the nature of investment or tax advice.
