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Doing Business in and through North Cyprus

The island has one of the most attractive tax systems in the world. Investors can take advantage of a relatively low level of taxation.
 

 

North Cyprus at a glance

  • Capital : Nicosia
  • Establishment : 1983
  • Official language : Turkish
  • Surface Area : 3.355 km2
  • Population : 350
  • Monetary unit : Turkish Lira (TRY)
  • Traffic Flow : Left side
  • Time zone: GMT +2
  • Legal System: Common Law (UK)

Choosing North Cyprus

  • Geostrategic position / access to Europe, Asia and Africa
  • 1% – 0% corporate Tax and no tax on dividends on
  • International Business Companies and Famagusta Free Zone
  • companies respectively
  • Excellent epidemiological results in response to Covid19
  • Low costs
  • Credible banks
  • Modern and transparent legal, financial and regulatory framework
  • Developed educational system
  • Highly skilled Workforce
 

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