Turks and Caicos Company Formation

Are you seriously thinking about expanding an existing business into new territories? For making such dreams into reality, selecting apt country is very important. It is not mandatory that you will have to take the venture to a large and popular destination. Sometimes, choosing an offbeat destination for expanding business activities can be profitable. You may choose The Turks and Caicos Islands for business expansion. This British Overseas Territory comprises of Turks and Caicos Islands located in the Atlantic Ocean.

Despite the small dimension and small population, Turks and Caicos Islands are ideal for venture expansion. Its natural resources, largely unexplored niches and investor friendly govt policies lure investors from various countries. However, you will gain from seeking our Turks and Caicos Company Formation packages.

Before starting business operation in any country, analyzing its economic aspects and growth prospects is necessary. The economy of Turks and Caicos Islands is largely dependent on tourism while fishing and financial services also contribute to the GDP to an extent. Its economy was affected by the global economic crisis but since then it has recovered. While a majority of the tourists hail from the USA, with time people from many other countries are also choosing it for vacationing. You can think of starting tourism related ventures here. Those companies into hospitality sector can also choose the islands. However, you can also start seafood related ventures here.

The logistics and transport setup of a country matters a lot for business communication needs. The country has an international airport and there are 6 other airports. Its road network is also being developed. These islands also have their own sea ports.  However, no rail route exists here. These may be helpful for investors but seeking our Turks and Caicos Company Formation packages can be even more helpful.

The major attraction of the Turks and Caicos Islands is the zero taxation system. Investors need not pay taxes and limitations on monetary exchanges are minimal. Some money laundering problems surfaced in the 1990s and those have been resolved by aid taken from by the British government. Of late, the country is being equipped with investment friendly laws. It has privileged access to the markets in the EU and duty-free access to provinces in Canada.

Setting up business in the Turks and Caicos Islands should not be tedious. However, our guidance can ease the process. Contact BRIS group today to know more. Our Turks and Caicos Company Formation package is what you need.