Information on how to start a business in TRNC required

trnclion


Joined: 25/04/2009
Posts: 61

Message Posted:
20/02/2010 14:29

Hi,

Genuine answers please, negative people are not required to answer!



The business would be food & beverage based (oh no not another restaurant! Well yes but not in a format that is currently found in TRNC)



How do you get the relevant trading licence

Are the HCCAP/Hygiene regulations the same and would UK certification be acceptable in TRNC

How do you form a LTD company in TRNC

What are the funding requirements to form a LTD company

What is the tax rate for LTD company income in TRNC



Well that's enough questions for now, I have no doubt I will think of others



I hope that there are people on the board that can give genuine answers.



Many thanks in advance

TRNClion

cooper


Joined: 23/10/2007
Posts: 3386

Message Posted:
20/02/2010 14:31

Details here - http://www.nmplegal.com/pdf/Formation%20of%20Company.pdf



Cooper

karakum5c



Joined: 18/03/2008
Posts: 1021

Message Posted:
20/02/2010 14:46

Always remember the first and second year when setting up a restaurant you are unlikely to make a profit. Make sure you have budgeted for this in your business plan many people forget to.



Best of luck there is always room for a well run restaurant which offers good value for money.

tommy13


Joined: 29/04/2009
Posts: 979

Message Posted:
20/02/2010 17:29

get in touch , il assist you , ive just been through the whole process , including the food importation procedures

Maz


Joined: 29/03/2009
Posts: 1924

Message Posted:
20/02/2010 18:08

Good, you have your help, but I am sure all those who are going to help would advise you to get a good accountant who should guide youthrough it all. Good luck. So many businesses flounder and there are so many broken hearts among those who thought the future was assured. So, as someone says above - just make sure you are well cushioned for 'take off'