0–1% Tax Rate
TRNC Free Zone and International Business Companies offer the advantage of low corporate tax with proper structuring.
Cyprus Investment Incentives
Northern Cyprus offers foreign investors easy and profitable investment opportunities with low taxes and special incentives.
Easy Company Formation for Foreign Investors in TRNC
Foreigners benefit from an easy and fast process when establishing a company in TRNC; documents and procedures are managed clearly and efficiently.
Global Payment and Collection
With an international banking infrastructure, your company in TRNC can easily receive payments and make collections worldwide.
The Advantages of Establishing a Company in Northern Cyprus
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Sole Proprietorship
Run by a single person in their own name (e.g., small business owner, doctor, consultant).
Cooperative
Can be established with at least 12 members; operates in areas such as agriculture, industry, finance, retail, etc.
Limited Partnership
A type of company in which at least one partner has unlimited liability.
Free Zone Company
Established in the Famagusta Free Zone, it offers tax and customs advantages.
Limited Liability Company
Liability is limited to its capital; 2–50 shareholders. The most common type for SMEs.
Bank
Established under a special law with at least 10 shareholders and a 5-member board of directors
Foreign Limited
Companies that can be established by foreign investors.
Holding Company
A company that owns at least 51% of the shares of another limited company.
General Partnership
A type of company without legal personality, where partners have unlimited liability.
International Business Company
A company that can be established by foreigners who do not reside in TRNC for more than six months."