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Free Port and Zone: income/corporate-tax and customs exemption on qualifying zone activity

Rule record · last verified 22 September 2026

In force. Start date not confirmed in this record.

Rule

A company licensed to operate in the TRNC's Gazimağusa or Gemikonağı Free Port and Zone is exempt from income/corporate tax and customs duty on qualifying zone activities, provided goods or services are not sold into the TRNC's domestic market.[1]

Exceptions

  • Four operational Tüzükler (tariffs, land/office lease, working conditions, construction permits) were not read.
  • A comprehensive reform bill to the Free Port and Zone Law was reported pending as of 2026-07-03, not yet enacted. This rule states the law as currently in force.
  • Does not restate the capital-repatriation freedom found in the same source articles — see the separately published freezone-capital-repatriation-freedom Rule.

Applies to

Who:
Investors · Company shareholders

Where this rule comes from

Instrument
Free Port and Zone Law, No. 26/1983, consolidated through amending Laws 41/1988, 37/1996, 37/2002 and 28/2011, Articles 3, 5, 16, 17, 18, 23
Authority
Assembly of the Republic (Cumhuriyet Meclisi), TRNC
Jurisdiction
Turkish Cypriot administration (TRNC)
Basis
Legislation · asserted by us within this jurisdiction
Verification
Primary source verified. We read the primary text ourselves on 22 September 2026.
Legal review
Not yet reviewed by a named legal reviewer.

History of this rule

  • — The remaining tax/customs-exemption portion of the same research; its capital-repatriation portion was already published separately as freezone-capital-repatriation-freedom. (version 1, First published)

Sources for this rule

Numbered in order of first use. Each entry names the kind of source it is and the day we read it.

  1. [1]
    Free Port and Zone Law, No. 26/1983, consolidated through amending Laws 41/1988, 37/1996, 37/2002 and 28/2011

    Famagusta Free Port and Zone Directorate, TRNC · Legislation and gazettes · 24 March 1983 · original in Turkish · accessed 20 September 2026 · source record

Cite this record

https://northcyprusreference.com/en/rules/freezone-income-and-customs-tax-exemption

Identifier freezone-income-and-customs-tax-exemption · Open data · challenge this rule