Set Up a Company in Northern Cyprus

Set Up a Company in Northern Cyprus

If you want to set up a company in Northern Cyprus, you must comply with local laws and procedures. Here are the general steps to follow:

Preparing a Business Plan: First of all, you need to prepare your business plan. The business plan should describe the type of business, your goals, activities and finances.

Choosing the Business Type: You need to determine the type of your company. The most common business types in Northern Cyprus are Limited Liability Company (Ltd.) and Sole Proprietorship.

Choosing a Company Name: You must choose a suitable name for your company. The name selection must comply with the legal regulations and the rules of the Northern Cyprus Chamber of Commerce and Industry (KTTO).

Compliance with Local Legislation: To establish a company in Northern Cyprus, you must comply with local legislation. It is important to obtain information from local authorities about company formation procedures and requirements.

At the same time, if you are looking for a lawyer in Northern Cyprus, you are at the right address.