Sole Trader Business Formation

NORTH CYPRUS

Sole Proprietorship
Establishment

You can start your business life with lower establishment costs!

In the Turkish Republic of Northern Cyprus (TRNC), sole proprietorships can only be established by TRNC citizens. Establishing a sole proprietorship in Northern Cyprus provides entrepreneurs with the flexibility and independence to manage their own business. Due to their low establishment and management costs, this type of business is quite popular among entrepreneurs.

Advantages of Sole Proprietorships

A sole proprietorship is a type of business owned and managed by an individual. They generally operate in small-scale trade, service, and production sectors. The main advantages of establishing a sole proprietorship are:

Low Cost: The low establishment and operating costs allow entrepreneurs to start their businesses without the need for large capital at the initial stage.
Flexibility: The business owner can manage the business flexibly by making all decisions independently.
Easy Setup: Sole proprietorships can be established faster and more easily compared to other types of companies.
Full Control: Since all management and control of the business belongs to one person, quick decision-making processes are possible.

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How can we help?

The process of setting up a sole proprietorship in Northern Cyprus requires certain legal and bureaucratic steps. It is important to get experienced guidance and professional support to complete this process quickly and smoothly. As a consulting firm specialized in this field, we offer you comprehensive services for your sole proprietorship establishment process.

Our Services Include

Legal Consultancy: We provide guidance on all legal procedures and documents required for setting up a sole proprietorship.
Application Process: We assist you in completing application forms, communicating with the relevant authorities, and obtaining the necessary approvals.
Tax and Financial Consultancy: We offer professional consultancy on tax advantages and financial planning.
Business Plan and Strategy Development: We provide strategic planning and business development support to ensure your business is successfully established and achieves sustainable growth.

Benefits of Using Our Service

By taking advantage of our services, there are many benefits to establishing a sole proprietorship in Northern Cyprus:

Time Savings: Our professional team manages all bureaucratic processes on your behalf and speeds up the procedures, allowing you to save valuable time.
Expertise: Our experienced consultants are well-versed in the latest regulations and practices. This ensures that you receive the most accurate guidance in legal and financial matters.
Risk Reduction: We minimize potential risks you may encounter during the company formation process and ensure the process runs smoothly.
Comprehensive Support: From the establishment stage onwards, we provide continuous support throughout your business’s growth and development. This way, you can move forward with confidence at every stage of your business.

We are here to stand by your side throughout the sole proprietorship formation process in Northern Cyprus, helping you bring your business to life in the best possible way. Contact us to learn more details and take advantage of our services.

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You can contact us by filling out the contact form below to send your requests or questions about service procurement. We will get back to you as soon as possible. Thank you.

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