Because of its geographical features, climate, and secure environment, the Turkish Republic of Northern Cyprus has been a favorite place for entrepreneurs. TRNC continues to draw investors and entrepreneurs from a wide range of countries, including Israel, Russia, Ukraine, Iran, Germany, the United Kingdom, and Turkey. By integrating into the international commerce network, this strategically positioned island country has managed to maintain a prosperous economy. Aside from the real estate industry, which is expanding in value in the country on a daily basis, investment activities are increasing in tourism, education, banking, and digital industries. Local investors in Northern Cyprus can begin by forming a single proprietorship or a corporation to conduct business in the nation. For international investors, however, the situation is slightly different. In order to conduct business activity in the TRNC, investors from outside the country must create a local limited company.
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