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As applicable from 14th March 2020 the TRNC Council of Ministers decided to close down the public and private businesses and offices until 27th March 2020. Certain government offices and private enterprises will continue to operate . The government offices and the private businesses which will be open are stated below :

  • Supermarkets,markets, parmacies, public and private health services,bakeries,petrol stations will remain open.
  • Butchers and SUTEK and other dairy factories will remain open together with the companies which provide supplies to markets,pharmacies and bakeries.
  • Sale activities of the Agricultural company will continue.
  • The services of busses including KIBHAS will stop, taxis will continue to operate.
  • Security companies will continue to operate.
  • Water service companies will continue to operate.
  • In some places orange picking and packaging activities will continue.
  • Banks will remain open ande operate with minimum staff until lunch time. Only limited number of customers will be served together.
  • The Income Tax Office and Customs will continue with their services.
  • The Income Tax payments will be made on the 16th of March 2020. There will be penalty on late payments.
  • The payment dates of VAT, Special Communications Tax , Provident Fund and Social Security premiums was extended to 31 st March 2020 and there will not be penalty for late payment.

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