{"id":1729,"date":"2014-12-30T12:43:26","date_gmt":"2014-12-30T12:43:26","guid":{"rendered":"http:\/\/ktto.net\/?page_id=1729"},"modified":"2014-12-30T12:43:26","modified_gmt":"2014-12-30T12:43:26","slug":"setting-up-a-company","status":"publish","type":"page","link":"https:\/\/www.ktto.net\/en\/setting-up-a-company\/","title":{"rendered":"Setting up a Company"},"content":{"rendered":"<table id=\"table57\" border=\"0\" width=\"100%\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td width=\"100%\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">In order to set up a company in north Cyprus the following documents must be submitted to the Official Receiver and Registrar :<\/p>\n<p><strong>Company Registration Without Foreign Capital<\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"100%\">\n<div align=\"left\">\n<table id=\"table58\" border=\"0\" width=\"663\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\"><\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\">\n<ul>\n<li><\/li>\n<\/ul>\n<\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">Company Name; the Registrar will accept any name which is not identical to one already on the register.<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\">\n<ul>\n<li><\/li>\n<\/ul>\n<\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">Company&#8217;s statutes and Article of Association<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\">\n<ul>\n<li><\/li>\n<\/ul>\n<\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">M.\u015e 1,2,3 Forms<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\">\n<ul>\n<li><\/li>\n<\/ul>\n<\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">Photocopy of identity card<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\"><\/td>\n<td width=\"658\" height=\"21\"><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" valign=\"bottom\" width=\"663\" height=\"34\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\"><strong>Company Registration With Foreign Capital<\/p>\n<p><\/strong>In addition to those documents stated above the followings must also be submitted by the foreign investors:<br \/>\n<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\"><\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\">\n<ul>\n<li><\/li>\n<\/ul>\n<\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">Character Certificate for directors and shareholders<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"20\">\n<ul>\n<li><\/li>\n<\/ul>\n<\/td>\n<td valign=\"top\" width=\"658\" height=\"20\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">Certificate of Tax payment guarantee for directors obtained from the local Revenue and Tax Office.<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\">\n<ul>\n<li><\/li>\n<\/ul>\n<\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">Original passport or approved photocopy of passport or identity card.<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\">\n<ul>\n<li><\/li>\n<\/ul>\n<\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\">Certificate of the deposit of the shareholders&#8217; capital share at a local bank. The minimum capital requirement for establishing a company with foreign participation is US$ 30,000.<\/span><\/td>\n<\/tr>\n<tr>\n<td valign=\"bottom\" width=\"5\" height=\"21\"><\/td>\n<td valign=\"top\" width=\"658\" height=\"21\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"100%\" height=\"35\"><span style=\"color: #000000; font-family: Tahoma; font-size: small;\"><strong>Source:<\/strong> Official Receiver and Registrar Office<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In order to set up a company in north Cyprus the following documents must be submitted to the Official Receiver and Registrar : Company Registration Without Foreign Capital Company Name; the Registrar will accept any name which is not identical to one already on the register. Company&#8217;s statutes and Article of Association M.\u015e 1,2,3 Forms [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-1729","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Setting up a Company - Ticaret Odas\u0131<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ktto.net\/en\/setting-up-a-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Setting up a Company - Ticaret Odas\u0131\" \/>\n<meta property=\"og:description\" content=\"In order to set up a company in north Cyprus the following documents must be submitted to the Official Receiver and Registrar : Company Registration Without Foreign Capital Company Name; the Registrar will accept any name which is not identical to one already on the register. 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