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PRESS RELEASE BY THE MINISTRY OF LABOUR AND SOCIAL SECURITY REGARDING ENTRY PERMITS OF FOREIGN EMPLOYEES

The Board of Directors of the Central Bank of the TRNC has decided on the agenda stated below in the meeting held on the 29th September 2022 which was published in the Official Gazette on the 24 th October 2022 as below.

It has been announced by the Mİnistry of Labour and Social Security that as from 07 November 2022 no application for entry permits of foreign employees will be accepted.

Those citizens of foreign countries (foreign nationals) who are waiting for the extension of work permits have to apply to the Minitry of Interior within 90 days as from the date of this decision (07.11.2022) to be elligible for extension.

News

  • Strategic Business Plan incorporating water distribution and administration of sewage services have been prepared for TRNC Municipalities by D.K.Deniz & Co.
  • Stabilisation of foreign exchange rates on custom duties and taxes and application of reduced witholding tax rates on rent income ended on 30 November 2018.
  • Inland Revenue published the Income Tax Rates and Income Bands for the year 2018 together with personal allowances.
  • Stamp Duty Notification issued under the TRNC Stamp Duty Law has been amended and the amended version will be applied as from 1 February 2018.

About Us

D.K.Deniz &Co. is one of the largest accounting firms in the Turkish Republic of Northern Cyprus (TRNC) providing services in auditing, accounting, tax and consultancy. D.K.Deniz & Co. has been providing services based on its vast professional knowledge and experience to local companies, state owned enterprises and international business companies.

Our Services

  • Acc. and Financial Transaction
  • Tax Accounting
  • Registration Services
  • Employment and Social Insurance
  • Consulting Services
  • Education Services

Industries

  • Banking
  • Transportation
  • Passenger Transportation
  • Distribution of Water
  • Marina Management
  • Media And Publishing

Contact Us

Address:41 / 6, Osmanpaşa Caddesi Latif Apartmanı Köşklüçiftlik
Nicosia / North of Cyprus
Email:      dkd@dkdeniz.com Phone:     +90 (392) 444 8080
Phone:     +90 (392) 228 6708
Phone:     +90 (392) 227 3352

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  • Home
  • Corporate
    • About Us
    • Mission & Vision
    • Management Team
  • Services
    • Acc. and Financial Transaction
    • Tax Accounting
    • Registration Services
    • Employment and Social Insurance
    • Consulting Services
    • Education Services
  • Formation of Company
  • Industries
    • Banking
    • Transportation
    • Passenger Transportation
    • Distribution of Water
    • Marina Management
    • Media And Publishing
    • Insurance Services
    • Oil and Gas Exploration
    • Telecommunication
    • Manufactoring
    • Tourism
    • Education
    • Trade & Commerce
    • Construction
    • Electricity Power Supply
  • Tax
    • Personal Income Tax
    • 2020 Income Tax Rates
    • Allowable Expenses
    • Corporation Tax
    • Losses Carried Forward
    • International Business Co.
    • Value Added Tax
    • Banking & Ins. Services Tax
    • Inheritance Tax
    • Special Communication Tax
    • Stamp Duty Notification
  • Contact Us