Establishing a Free Zone Company in Northern Cyprus
The Turkish Republic of Northern Cyprus (TRNC) has become an investment hotspot preferred by investors due to many advantages offered. Recently, TRNC Free Zone companies (FZC) take the lead as the most preferred form of incorporation by both domestic and foreign investors. One of the main reasons why setting up a FZC in TRNC is the logistical appeal of TRNC with respect to its proximity and ease of access to the Republic of Turkey, Europe and middle eastern countries. Another very appealing quality of setting up a FZC in the TRNC is the tax advantages it offers.