Free Zone Companies in the TRNC
Northern Cyprus is located in the Mediterranean region, 64 km from Turkey's southern coast, 96 km east of Syria, and 400 km north of Egypt. The Famagusta Free Port and Zone is situated at the crossroads of east-west and north-south shipping routes, making it an ideal location for foreign businessmen. Cyprus is also known as the Green Island or Paradise Island due to its unparalleled natural beauty and unique history.
Famagusta Free Port and Zone
Famagusta is the country’s most important port and the oldest Mediterranean trade center in Northern Cyprus, evolving into a hub for education, tourism, industry, and commerce. The Free Port and Zone in Famagusta is considered an ideal place for all types of trade and investment. Covering an area of 103,000 m², the Famagusta Free Port and Zone offers excellent opportunities for foreign investors in transit trade, along with production opportunities for Middle Eastern and Near Eastern countries.
Incentives and Advantages
- 100% Income and Corporate Tax Exemption for Manufacturing Companies
- 100% Income and Corporate Tax Exemption for Trading Companies
- No Customs Duty and VAT
- Suitable Warehousing for Transit Trade
- Free Transfer of Profits