Audit Of Off Shore Companies

 If you wish to avoid unfairly high taxes on legal grounds - you are in the right place. We shall advise you how to reduce taxes by taking opportunities of offshore business, and describe benefits of offshore jurisdictions and potential advantages of offshore companies.
The term offshore entity refers to a company, partnership or branch, incorporated or registered in North Cyprus and in which all shareholders or partners are non-residents; and all income is derived from activities carried outside North Cyprus.
The Ministry of Finance, in issuing permits for the registration of offshore entities under the Exchange Control Law, may impose additional conditions depending on the type of offshore activities.

Tax Incentives:
Corporation tax:
International Business Companies pay 2.5 % Corporation Tax on their net profit. Offshore Banks pay % 2 of their net profits as Corporation Tax.International Companies are to appoint(By Law) the Audit Firm Or Solicitor,the representative of the Company in TRNC.

We provide a wide range of services including, among others:

• Assisting our clients to decide the most suitable country of registration for their particular purposes;
• Company formation and preparation of corporate documents;
• Arranging for domiciliary and registered office facilities in the country of incorporation.
• Arranging for nominee directors and shareholders services.
• Administrative and documentation services including arranging for the notarization and legalization of corporate
• documentation, invoicing, auditing, opening of corporate and private accounts, etc.
• Assistance in opening accounts with well-known financial institutions.
• Book-keeping and accounting services.

Secretarial Services :

• preparation and lodgement of annual returns in due time
• maintenance of the company's statutory records
• submission of the audited accounts to the Companies Registry and Tax Authority as required by local Law
• submission of the License application.

Fevzi Adanir & Co,provides cost-effective,valued incorporation services for Off Shore Businesses. 

 Application form for offshore  download here