There are different laws in the TRNC which regulate the legal structure and activities of the enterprises.The fundamental law is the companies Law Cap 113.
Documents stated below must be submitted by the foreign investors:
• Passports of 2 Shareholders (minimum) of the Company originals must be seen by the Registrar of Companies).
• Original of apostilled police clearance certificate.
• M.Ş 1,2,3 Forms
• Tax security certificate or Bank Guarantee Letter addressed to the tax office for 10.000 USD over a term of 18 months in order to obtain the certificate mentioned (foreign shareholder).
• Article of Association
• Name of the Company
• Capital requirement in the amount of 25,000 Euro for establishing a company with foreign participation