Offshore Company Establishment in KKTC: Who is Suitable for?

Offshore companies offer significant advantages for entrepreneurs with low tax burdens and ease of conducting international business. So, who is eligible to establish an offshore company in the KKTC?

Who Can Benefit from Offshore Companies?
E-Commerce Entrepreneurs: Provides tax advantages for those looking to sell in global markets.
Consulting and Service Sector: Suitable for companies offering international consulting services.
Investors: Beneficial for those who want to conduct business abroad while minimizing tax burdens.

Offshore Company Formation Process
Determine the Company Type: Decide to establish a company with offshore status.
Prepare the Required Documents: Complete documents such as a passport copy and articles of association.
Register the Company: Complete official procedures by registering with the KKTC Trade Registry.
Open a Bank Account: Open international bank accounts for offshore companies to start operations.
Offshore companies are an excellent option for entrepreneurs who want to conduct global business with lower costs.