The Registration Committee, located in Nicosia, handles the documentation process. To open a business, you need to apply through a “single window” with the following set of documents:
The registration fee for a company is approximately 2.5 thousand euros. Additionally, services of a notary public will cost around 1.1 thousand euros. The annual license renewal will cost around 5 thousand euros.
If less than 49% of the company’s shares are owned by a non-resident of the country, the capital requirement is $25,000. However, if the entire package of shares is owned by residents, the capital requirement increases to $50,000.
The amount is kept in a frozen account for 2-3 months after the business registration. After the period, the funds can be used.
If you are a non-resident and will hold a managerial position, the tax fee will be $10,000. On the other hand, if a resident of TRNC holds a managerial position, the tax fee is $5,000.
Our company provides legal and financial services and will easily assist our clients in opening a firm in Northern Cyprus!
For consultation, please contact us at info@everhome-invest.com.
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A grandiose residential complex located on the seaside, just 500 meters away from the popular Long Beach. The territory of the complex amazes with its scale and diversity, inside you can find everything: from shops and restaurants to SPA and private schools.
The total investment growth is 240% over 2 years, which is equivalent to 70,100 £ in monetary terms.
Грандиозный жилой комплекс на берегу моря и всего в 500 метрах от популярного пляжа ЛонгБич.
Территория комплекса удивляет своими масштабами и разнообразием, внутри можно найти все: от магазинов и ресторанов, до СПА и частных школ.
Общий прирост инвестиций 240% за 2 года, что в денежном эквиваленте 70 100 £.