The Government of the TRNC is keen to encourage foreign capital investment, either in the form of joint-venture or independently, through capital commitment or introduction of improved technology [more]
3.1. Investment Incentives Applied Under The Incentive Law The following incentives are applied to investments with Incentive Certificates, regardless of whether an investor is local or foreign. Incen [more]
4.1. Registration of a Company and Investment Procedure The legal form widely used for business undertakings in the TRNC both by foreign investors and by the local businessmen, is the private limited [more]
The establishment of an International Business Company in TRNC is subject to the approval of Ministry responsible for economic matters. Foreign real person, foreign corporate bodies and non-resid [more]
Foreign real persons and corporate bodies may apply to the Ministry responsible for economic matters for the purpose of carrying on offshore banking operations. • Real persons or corporate bodies inte [more]
5.1. Personal Income Tax and Corporation Tax All companies and other corporate bodies, except cooperative societies, are chargeable with Corporation Tax. Corporations which are registered in the [more]