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

Low Tax Burden

The corporate tax in local companies is only 10%; for free zones/International Business Companies (IBC), this rate can fall to 0% – 1%.

Low Tax Burden

The corporate tax in local companies is only 10%; for free zones/International Business Companies (IBC), this rate can fall to 0% – 1%.

Withholding Tax Exemption in Profit Distribution

Profits transferred abroad from free zones and free trade zones are exempt from tax; thus, you can withdraw your profits without interruption.

Withholding Tax Exemption in Profit Distribution

Profits transferred abroad from free zones and free trade zones are exempt from tax; thus, you can withdraw your profits without interruption.

Seamless Access to Global Payment Systems

Integration with PayPal, Stripe, Wise, and the SWIFT network provides unrestricted collection compared to Turkey.

Seamless Access to Global Payment Systems

Integration with PayPal, Stripe, Wise, and the SWIFT network provides unrestricted collection compared to Turkey.

Bidirectional Market Access

You will gain cost advantages in import-export with duty-free access to Turkey and a logistics location close to the EU.

Bidirectional Market Access

You will gain cost advantages in import-export with duty-free access to Turkey and a logistics location close to the EU.

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.

Feature
Feature
Feature

Operational Ease& Global Payment Access

Global payment systems integration allows seamless collections through PayPal, Stripe, and Wise; multi-currency accounts can be opened via the branches of Turkish banks in TRNC, accelerating cash flow.

SERVICE PROCESS

The Process of Company Establishment in the TRNC

1.

Determining the Company Name

2-3 alternative names are generated, and their commercial suitability is checked.

1.

Determining the Company Name

2-3 alternative names are generated, and their commercial suitability is checked.

1.
Determining the Company Name

2-3 alternative names are generated, and their commercial suitability is checked.

2.

Preparation of Documents

Passports, capital declaration, and the articles of association are prepared by us.

2.

Preparation of Documents

Passports, capital declaration, and the articles of association are prepared by us.

2.
Preparation of Documents

Passports, capital declaration, and the articles of association are prepared by us.

3.

Application and Free Port Review

The signed document is submitted to the Free Zone management; the compliance review is completed.

3.

Application and Free Port Review

The signed document is submitted to the Free Zone management; the compliance review is completed.

3.
Application and Free Port Review

The signed document is submitted to the Free Zone management; the compliance review is completed.

4.

Council of Ministers Approval & Registration

The company address will be finalized after approval, and formal registration will be completed.

4.

Council of Ministers Approval & Registration

The company address will be finalized after approval, and formal registration will be completed.

4.
Council of Ministers Approval & Registration

The company address will be finalized after approval, and formal registration will be completed.

5.

Individual Account Opening & Activation

25,000 EUR will be deposited into the blocked account; bank account(s) and online banking will be activated.

5.

Individual Account Opening & Activation

25,000 EUR will be deposited into the blocked account; bank account(s) and online banking will be activated.

5.
Individual Account Opening & Activation

25,000 EUR will be deposited into the blocked account; bank account(s) and online banking will be activated.

Establishment of a Company in the TRNC

Frequently Asked
Questions

The most frequently asked questions about company establishment in the TRNC.

What is the minimum capital requirement?

What is the minimum capital requirement?

Can a foreign shareholder acquire 100% ownership?

Can a foreign shareholder acquire 100% ownership?

How long does company incorporation take?

How long does company incorporation take?

What types of companies can be established in Cyprus?

What types of companies can be established in Cyprus?

What documents are required to establish a company in Cyprus?

What documents are required to establish a company in Cyprus?

Subscribe to our Newsletter

All news related to prospective entrepreneurs and company owners is in our monthly newsletter.

Subscribe
to Our Newsletter

All news related to prospective entrepreneurs and company owners is in our monthly newsletter.

Subscribe to our Newsletter

All news related to prospective entrepreneurs and company owners is in our monthly newsletter.

© 2025 ORTAC Tüm hakları saklıdır.

Privacy Policy

© 2025 ORTAC Tüm hakları saklıdır.

Privacy Policy

© 2025 ORTAC Tüm hakları saklıdır.

Privacy Policy