Announcements
Decree Law Regarding Tax Withholding Applicable to Corporate Earnings and Dividends Distributed to Shareholders
Dear Member, In the Official Gazette No. 144 dated July 31, 2026, numbered 88/2026, “Decree Having the Force of Law Concerning the Tax Deduction to be Applied to Corporate Earnings Not Distributed Until December 31, 2025 and Dividends Distributed to Shareholders” was published, with the 7.5% tax to be applied if the profits accumulated but […]
Regarding the Prohibition of Working in the Sun.
Dear Member, According to Official Gazette No. 145, published on August 5, 2026, the Ministry of Labour and Social Security, taking into account the temperature forecasts of the TRNC Meteorological Department and the risks posed by working in high temperatures within the scope of Occupational Health and Safety, has prohibited working outdoors (under the sun) […]
KTTO President Turgay Deniz: “The reason for the high cost of living is the policies being implemented.”
Turgay Deniz, President of the Cyprus Turkish Chamber of Commerce (KTTO), participated in the “Kaptan’s Diary” program presented by Ahmet Kaptan on Kanal T, where she made assessments regarding the cost of living, prices of basic consumer goods, shopping shifting to South Cyprus, the meat market, and energy costs. Deniz emphasized that the fight against […]
Regarding Food Sample Evaluation Applications
Dear Member, In accordance with the official letter sent by the TRNC Ministry of Health, Department of Primary Health Services on August 10, 2026, it has been announced that as of September 1, 2026, applications for Food Sample Evaluation, which is a part of the Food Pre-Authorization process, will only be accepted through the “Food […]