- Remote setup
- Visit needed
- Visit, notary or lawyer
- Lawyer usually
- Local director
- Not stated
- Registered address
- Local address
- Minimum capital
- EUR 25,000 with foreign shareholders
- Yearly upkeep
- Annual return
- EU member
- No
- IWG business address
- On request
What the registry requires
| Company type | Limited company (Limited Şirket, Ltd.) under the Companies Law, Cap. 113 |
|---|---|
| Registry | Resmi Kabz Memurluğu ve Mukayyitlik Dairesi |
| Government filing fee | Varies — Registry stamps and fees are set by the Fees, Percentages and Expenses Regulation (Harçlar, Yüzdelikler, Masraflar Tüzüğü). Per the registry fee list of 16 February 2026 as quoted by a secondary source: name check TRY 120, each M.Ş. form TRY 225, stamp TRY 635 per copy of the articles; capital duty is paid to the Revenue and Tax Department before registration. |
| Registration time | The registry publishes no standard processing time. With foreign shareholders, the Ministry of Economy approval is the longest step. |
| Resident director | The registry's FAQ lists the director structure in the articles but states no residency requirement for directors. |
| Visit, notary or lawyer | The articles and forms M.Ş.1–M.Ş.3 are filed with the registry; in practice they are prepared and filed by a local lawyer. |
| Registered address | The company's address is declared on the registration forms and the statutory registers are kept there; changes must be notified within 7 days (form K.K.2). |
| Minimum capital | EUR 25,000 with foreign shareholders |
| Corporate tax | Corporation tax is 10% of net profit, and a further 15% income tax applies to the remainder (about 23.5% in total); free-port and offshore regimes differ. Secondary sources; the Revenue and Tax Department (vergi.gov.ct.tr) does not publish the rate on its home page. |
| Every year | An annual return (form M.Ş.32) is filed with the registry; stamp TRY 150 per the 2026 fee list quoted by secondary sources. |
What it costs
- Government filing fee
- Varies
Registry stamps and fees are set by the Fees, Percentages and Expenses Regulation (Harçlar, Yüzdelikler, Masraflar Tüzüğü). Per the registry fee list of 16 February 2026 as quoted by a secondary source: name check TRY 120, each M.Ş. form TRY 225, stamp TRY 635 per copy of the articles; capital duty is paid to the Revenue and Tax Department before registration.
- Every year
- Annual return
An annual return (form M.Ş.32) is filed with the registry; stamp TRY 150 per the 2026 fee list quoted by secondary sources.
- Not included
- Provider fees
Registered agent or address, notary fees, accounting and bank onboarding vary by provider — ask for a quote in the request form.
How to register a company in Northern Cyprus, step by step
- Apply for a name check (isim yoklaması) with the registry.
- With non-KKTC shareholders, obtain approval from the ministry responsible for the economy.
- Have a lawyer prepare the articles of association and by-laws (ana sözleşme ve tüzük).
- Pay the capital duty to the Revenue and Tax Department before registration.
- File forms M.Ş.1, M.Ş.2 and M.Ş.3 with IDs or passports and the stamps from the fee list.
- After registration, register for tax (and VAT if needed), social insurance and the municipal business licence.
Corporate tax in Northern Cyprus
10% + 15% income tax. Corporation tax is 10% of net profit, and a further 15% income tax applies to the remainder (about 23.5% in total); free-port and offshore regimes differ. Secondary sources; the Revenue and Tax Department (vergi.gov.ct.tr) does not publish the rate on its home page.
Rates are the headline figures published by the tax authority; your effective rate depends on residence, activity and treaties. This is not tax advice.
Common mistakes
- Confusing KKTC with the Republic of Cyprus: a KKTC company is not an EU company and is not recognised outside Turkey.
- Assuming Turkish citizens count as local shareholders — they need the same ministry approval as other foreigners.
- Taking total cost from Turkish fee tables: KKTC registry fees are set by its own fee regulation.
Compare Northern Cyprus with alternatives
| Yearly upkeep | |||||||
|---|---|---|---|---|---|---|---|
 Northern CyprusLimited Şirket | Varies | Not stated | 10% + 15% income tax | Not stated | Lawyer usually | Local address | Annual return |
 AustriaGmbH | Varies | Not stated | 23% (min. €500/yr) | No | Notarial deed | Registry silent | €500 minimum tax |
 LuxembourgSARL | Varies | Permit up to 3 months | 17% CIT + surcharges | Permit holder present | Notary (SARL) | Real premises | Not stated |
 RomaniaSRL | Varies | 1 working day | 16% profit tax | Not confirmed | Not required | Proof of right of use | Not stated |
Nearest by region and government fee. All 84 jurisdictions in one table · take the quiz.
Sources
- Name check, articles and by-laws, forms M.Ş.1–M.Ş.3, capital duty before registration, changes notified within 7 days — rkmmd.gov.ct.tr, checked October 14, 2026
- Companies Law Cap. 113; Fees, Percentages and Expenses Regulation — rkmmd.gov.ct.tr, checked October 14, 2026
- Fee list of 16.02.2026, EUR 25,000 capital with foreign shareholders, 10% + 15% tax (secondary source quoting rkmmd.gov.ct.tr) — kktcportal.net, checked October 14, 2026 (search extract)