What we can do for you

  • We do all paperwork on forming the company in Turks and Caicos
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand

How we can assist you further

  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

Turks and Caicos Company Formation. Turks and Caicos Exempt International Business Company

Main Characteristics and the basic rules of Company registration in Turks and Caicos

Turks and Caicos Company Formation Financial Advantages
Taxation: No taxes. There are certain advantages to be gained through the use of an “Exempted” company.“Exempted” companies are not subject to taxation of any kind in the Turks and Caicos. In any event, there are no income or capital taxes in the Turks and Caicos Islands and it is not anticipated that direct taxation will be introduced in the foreseeable future. The Governor of the Turks and Caicos Islands is empowered to give an undertaking to the effect that the activities of the “exempted” company will be free of taxation for a period of twenty (20) years.
Double Taxation Treaty Access: No Treaty Access
Turks and Caicos Tax Information Exchange Agreements: Yes, Turks and Caicos signs Exchange Agreements
Account Filing Requirements: No accounting / reporting requirements
Annual Return Filing Requirements: No annual return/ reporting requirements
Audit Requirements: No audit required.
Turks and Caicos Company Formation Registration Requirements
Share Capital: US$5,000 Minimum paid up share capital: US$1
Classes of Share Available for Turks and Caicos company formation: Shares with or without voting rights, redeemable shares, registered shares, preference shares, shares of no par value
Bearer Shares: Yes, Allowed
Registered Office Required: Yes required and must be maintained in Turks and Caicos Islands
Shareholders: Minimum number is one
Directors: Minimum number is one. Can be any nationality and need not be resident in Turks and Caicos Islands. Corporate directors are allowed.
Your Company language: English
Name of your Company must be ended: The company name can be in any language and there is no requirement for the word “limited” or “inc” to form part of the name.
Documents required for Turks and Caicos company formation: A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
Turks and Caicos Company Formation Restrictions
For Turks and Caicos company formation you cannot use words in your company names without justification: “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading: Not permitted to trade within the Turks and Caicos Islands
Not permitted without a licence: Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Turks and Caicos Company Formation Confidentiality and Security
Publicly Accessible Records: No public register of company officers (Directors, Shareholders, Secretary)
Nominee Shareholders and Nominee Directors: Yes, Allowed
Disclosure of Beneficial Ownership to Authorities: No
Meetings of Directors and Shareholders to be held: Anywhere
Stability: Stable jurisdiction and strong reputation.
About Turks and Caicos Turks and Caicos Company formation
Capital city: Cockburn Town
Region: An archipelago of 40 low-lying coral islands in the Atlantic Ocean, a British Overseas Territory southeast of the Bahamas
Political System: Parliamentary Democracy
Government: Constitutional Monarchy
Governing corporate legislation: Companies Ordinance 1981 as amended
Type of Law: Common
Currency: US Dollar (USD)
Exchange Control: None
Language of Legislation and Corporate Documents: English
Time Zone: GMT-5

Our team of consultants are on hand to find out about your specific requirements and take you through the process from start to finish.