CYPRUS SERVICES
Establish Your Company in the TRNC, Secure Your Place with Tax Advantages
Establish a company in the TRNC to gain a strategic base at the heart of Turkey-EU routes with low taxes of up to 10%, and direct access to global payment networks.
WHAT YOU WILL GAIN
Advantages of Establishing a Company in TRNC
Tax Regime & Incentives
The TRNC's tax system reduces corporate tax to %10; under the free port and International Business Company (IBC) statuses, this rate drops to as low as %0-1. VAT, customs and withholding exemptions further increase your profitability.
Company Types and Capital Requirements
Types of companies in the TRNC include limited, free port companies, and UET; all models grant 100% ownership rights to foreign shareholders. A minimum capital of 10,000 EUR is sufficient for establishment.
Operational Ease and Financial Access
With multi-currency bank accounts, you can transact in different currencies including USD, EUR, and TRY, enabling quick and smooth collections abroad. Opening accounts and cash flow processes through the branches of Turkish banks in Northern Cyprus are practical and reliable.
SERVICE PROCESS
The Process of Company Establishment in the TRNC
Establishment of a Company in the TRNC
Frequently Asked
Questions
The most frequently asked questions about company establishment in the TRNC.
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Our blog articles where you can find information about company establishment in the TRNC.
