International Local Foreign Companies

Foreign Companies (FC)

Foreign companies operating outside the TRNC can register and operate as branches in the TRNC. Activities carried out under the status of Foreign Company (YŞ) are subject to tax exemptions under the Double Taxation Prevention Agreement between the Republic of Turkey and the TRNC, No. 49/1988. To download the Registration Procedure, [click here].

Local Companies (LC)

Local or foreign capital can register and operate as Local Companies in the TRNC. Foreign individuals or legal entities can be shareholders in such companies.