Info Hub
Articles, guides and announcements
Current information on tax, accounting and company matters in North Cyprus. We track the regulations, you focus on your business.
A single settlement window for undistributed company profits at 7.5 percent
Under Decree Law 45/2026, retained earnings accumulated through 31 December 2025 can be distributed as dividends with a final 7.5 percent withholding. Applications close on 31 July 2026.
Read moreNorth Cyprus VAT Guide: rates, filing and registration
How Value Added Tax works in North Cyprus: standard and reduced rates, zero rated supplies, the monthly filing calendar, registration and the input credit mechanism, on a single page. A guide for every business.
Read moreTaxes when buying and selling property in North Cyprus
Title deed transfer fee, disposal tax (stopaj), VAT and stamp duty: the taxes a buyer and seller face on a North Cyprus property, plus the 2025 foreign buyer change. A complete summary.
Read moreNorth Cyprus Retirement and Old Age Pension Guide
Retirement conditions in North Cyprus depend on whether insurance began before or after 1 January 2008. Age and contribution day requirements, the difference between the two systems, and how the pension is set.
Read moreNorth Cyprus Corporate Tax Guide
How company profits are taxed in North Cyprus: corporate and income tax rates, the effective burden, a worked example, the filing calendar, deductible expenses and loss carryforward.
Read more2026 North Cyprus Income Tax Guide
Income tax brackets, personal allowances, insurance contributions, deductible expenses, the filing calendar and worked examples for the 2026 tax year in North Cyprus.
Read moreNorth Cyprus Foreign Work Permits Guide
Employing foreign staff in North Cyprus: the pre permit requirement, application deadlines, permit duration, employer duties and penalties for unpermitted employment.
Read moreNorth Cyprus Minimum Wage and Working Conditions
The 2026 minimum wage figures, working hours, overtime, annual leave, weekly rest and public holidays under the North Cyprus Employment Law. A guide for employers and staff.
Read moreNorth Cyprus Social Insurance: An Employer Guide
What social insurance covers in North Cyprus, the employer registration duty, 2026 insurable earnings brackets, how premiums are structured and what to watch for.
Read moreNorth Cyprus Employment Contracts and Employer Obligations
A guide to employment contracts under the North Cyprus Employment Law: written contract rules, probation, notice periods, end of service rights and core employer duties.
Read moreForeign worker permits: late application committee route ends
A regulation published on 24 June 2025 removed the committee route for late filings, and from 13 April 2026 all work permit actions must be filed within statutory deadlines. A practical summary for employers.
Read moreNew generation cash registers and the duty to accept card payments
From 1 January 2026 new generation payment recording devices are mandatory, and businesses must accept card payment when a customer asks. The penalty for not issuing a receipt is a quarter of the minimum wage. A summary for retail and service businesses.
Read moreHow notice and severance pay are calculated in North Cyprus
Under Labour Law 22/1992, notice periods, severance pay and unfair dismissal compensation are set on a week basis according to length of service. A guide with the differences from Turkey and worked examples.
Read moreAnnual leave, public holidays and weekly rest in North Cyprus
Under Labour Law 22/1992, paid annual leave ranges from 14 to 25 days by length of service, and public holidays are not counted inside leave. An employer guide to weekly rest and holidays.
Read moreBounced cheques in North Cyprus: no prison, a Central Bank ban
In North Cyprus the only sanction for a dishonoured cheque is a Central Bank ban on holding a cheque account; unlike Turkey, there is no prison sentence. A business guide under Chapter 262.
Read moreNorth Cyprus Data Protection Law: what every business must do
North Cyprus has its own Data Protection Law (89/2007) and a Board active since 2019. Every business that holds customer or employee data is a data controller. A summary, including the 2024 fee regulation.
Read moreCompulsory and recommended business insurances in North Cyprus
From compulsory motor insurance to employer liability, workplace and professional indemnity cover: what is legally required and what is practically advisable for a North Cyprus business. A guide for owners.
Read moreNorth Cyprus Anti Money Laundering Law (1/2024): duties for businesses and professionals
The prevention of money laundering law (1/2024) binds accountants and auditors, lawyers, real estate agents, jewellers and more. Identity verification thresholds, suspicious transaction reporting and penalties.
Read moreCommercial rent, rent control and rental withholding in North Cyprus
The Rent (Control) Law and controlled areas, how rent increases are set, and withholding on rental income: 13% on foreign currency rents and 8% on Turkish Lira rents. A guide for business owners and landlords.
Read moreNorth Cyprus Tax Filing Calendar: monthly and annual deadlines
The deadlines for VAT, withholding and annual returns on one page. In North Cyprus VAT is not due on the 28th but on the 20th for companies and the 25th for individuals. A reference for businesses.
Read moreMinimum Wages (Amendment) Bill: full text and official documents
A clause by clause summary of the Minimum Wages (Amendment) Bill: the up to 40% (15% lodging, 25% food) offset for foreign workers, the new definitions, the penalties, and the downloadable official documents (the KTTO bill text and the Official Gazette).
Read moreMinimum Wages Amendment Bill tabled: lodging and food offset for foreign workers
The Minimum Wages (Amendment) Bill has been published in the Official Gazette. Lodging and food provided to foreign workers could be offset against the minimum wage by up to 40%. Full text and the downloadable official documents are in the Law section of our Info Hub.
Read morePaying Wages Through Banks: An Employer Compliance Guide
Employers with five or more staff must pay wages through banks, in force since 31 March 2026. A practical guide to the payments covered, the risky methods and the steps to comply.
Read moreEmployers with five or more staff must pay wages through banks
From 31 March 2026, employers with five or more employees in total must deposit net wages into an account opened in each employee's name at a bank or cooperative.
Read moreDocuments Needed for Your 2025 Year End Audit
The list of information and documents we ask clients to prepare for the 31 December 2025 audit and balance sheet work. Submission deadline: 25 January 2026.
Read moreNorth Cyprus Provident Fund (İhtiyat Sandığı) Guide
What the Provident Fund is, who is covered, the employer and employee contribution rates, how it differs from social insurance and when the lump sum is paid.
Read moreNew minimum wage rates for 2026 announced
The gross minimum wage in North Cyprus is 60,618.00 TL per month as of 1 January 2026. Employers need to update payrolls and contracts accordingly.
Read moreOur new website is live
Dağlı Denetim has a renewed website at daglidenetim.co. Follow tax and accounting updates here in the Info Hub.
Read more