registration of legal entity

Cost of registration The cost of the second year Number of Directors Corporate tax rates Payment of Charter Capital Financial statements
1615.00 USD 1200.00 USD 1 0.00% No No
Cost of registrationПотому что...
The cost of the second year: 

How to register company on the Turks and Caicos Islands

turks_i_kaikos.jpgThe Turks and Caicos Islands are located in the northern sector of the Atlantic Ocean, east of the Bahamas.

The area of the state is 430 km2.

The islands are inhabited by over 20 thousand people.

The capital is the city of Cockburn Town.

The official language is English.

The monetary unit of the islands is the US dollar.

The legal system of the Turks and Caicos Islands is based on the legislation of England and Wales. Insignificant amendments were made to it based on the legislation of Jamaica and the Bahamas. The islands signed the Hague Convention of 1961.

The basis of the country's economy is tourism sector, fishing, and provision of offshore services.

Food products and manufactured goods are predominantly imported.

Why is it advantageous to register or buy offshore company on the Turks and Caicos Islands

  • The company is fully exempted from taxes;
  • The owners are provided with high confidentiality (the register of directors and shareholders is closed);
  • There is the possibility to use nominal services;
  • There are no requirements to submit reports;
  • There is no currency control.

Special attention is given to maintenance of confidentiality on the islands (the Decree on confidential relationships). Thus, according to the Decree, the disclosure of information by lawyers and other professionals in the field of corporate activities is prosecuted by law and in certain cases can entail not only the imposition of penalties, but also imprisonment.

The legislative framework on the Turks and Caicos Islands

Registration and activities of offshore company on the Turks and Caicos Islands are governed by the Companies Ordinance Act of 1981, as amended.

Forms of doing business on the Turks and Caicos Islands

Entrepreneurs who tend to be engaged in international business and investments prefer to register Exempt/International Business Company (IBC).

Registration of offshore companies on the Turks and Caicos Islands. Basic provisions

  • The company can conduct any activity permitted by law.
  • Offshore company on the Turks and Caicos Islands shall have registered office and registration agent.
  • The end of the company’s name should contain such word as Sociedad Anónima or such abbreviation as S.A.
  • The authorized capital is not required to be paid. The amount shall equal to $ 5000.
  • The company can issue bearer shares and shares without par value.
  • The minimum number of shareholders of S.A. company is 1 person (natural or legal person).
  • The minimum number of directors of S.A. company is 1 person (natural or legal person).
  • Nominee directors and shareholders are allowed.
  • Information about the owners of the company, as well as the shareholders can be disclosed only by the court decision.
  • Meetings of shareholders / directors shall be held anywhere in the world.
  • There are no requirements concerning place of storage of the company’s documents.
  • There is no currency control on the islands.
  • After submitting all the documents, the registration of offshore company on the Turks and Caicos Islands is completed upon the expiry of two weeks.

The registration procedure includes the following stages:

  • Verification and confirmation of the name of the company in the register.
  • Preparation and filling of relevant documents.
  • Payment of all necessary registration fees, and duties.
  • Incorporation of the company into the Company's Register.
  • Notarial certification.

Bookkeeping on the Turks and Caicos Islands

Offshore company on the Turks and Caicos Islands does not maintain accounting records and does not compile annual reports.

Taxes on the Turks and Caicos Islands.

The IBC is completely exempt from taxes.

We will register company (offshore company) on the Turks and Caicos Islands for you within the shortest time possible. Buy offshore company on the Turks and Caicos Islands at a low price is now easier than ever. Registration of offshore company on the Turks and Caicos Islands is one of the simplest and cheapest ways to start legitimate international business. Offshore registration is one of the main directions of our company's work.

Set of documents
  • Certificate of incorporation 
  • Articles of incorporation 
  • Resolution of the subscriber 
  • Minutes of the first Meeting of Directors 
  • Share Certiciates 
  • Certificate of Exemption from Future Taxation 
  • Page with Apostille 
Nominee director and shareholder
  • Resolution effecting the issuing the Power of Attorney
  • Apostilled Power of Attorney 
  • Consent Letter 
  • Director Resignation Letter 
  • Nominee Director’s Declaration 
  • Resolution effecting the change Director
  • Deed of Trust 
  • Instrument of Transfer 

General information
Population21 746.00
CapitalCockburn Town
State polityparliamentary democracy
Telephone code649
locationNorth Atlantic Ocean, on the south-east of the Bahamas, north of Haiti
Climatetropical marine; moderated by trade winds; sunny and relatively dry; the average temperature in June-October 29 ° C to 32 ° C, can rise to 35C; the average temperature in May-November 27 ° C to 29 ° C.
Literacy rate98.00%
Ethnic groups90% - black people; 10% - mulatto and Europeans (British, Americans, Canadians)
National currencyU.S. Dollar
USD exchange rate1.00
GDP per capita103
Official languageEnglish
Credit ratingBBB+
The judiciaryThe Court of Appeal (Nassau, Bahamas), the highest judicial body - the Privy Council (London)
Executive authorityThe Executive Council, headed by the governor. Consists of the prime minister and six ministers appointed by the Governor from among the members of the Assembly and the public prosecutor.
Legislative authoritiesAssembly (Parliament), consists of 21 members, 15 of whom are elected by popular vote every four years, and another 6 appointed by the Governor.
Corporate information
Opportunity to purchase ready-made companiesNo
Legal systemBased on the Anglo-Saxon common law
The use of the Cyrillic alphabet in the nameNo
Local registered officeYes
Indication of BPA in the nameLimited, Corporation, Incorporated and their abbreviations. However, use of these words is not required.
Local registered agentYes
Shares and share capital
Standard currencyU.S. Dollar
Information about the beneficiary is disclosedNo restrictions
The minimum amount of the issued capitalNo restrictions
Bearer sharesNo
Terms of payment of the issued capitalNo restrictions
The usual size of the authorized capital5,000
Terms of capital paymentNo restrictions
Usual nominal value of sharesUSD 1
Possibility to issue shares without par valueNo
Basic corporate tax rate0.00%
Capital gains taxNo
Currency controlNo
Corporate tax rates detailsApart from annual registration fee, no taxes levied on business or transactions.
Stamp dutyNo
Director and Secretary
Minimum number of directors1
The requirement for residency directorsNo
Director of legal entities are allowedYes
The data reveals to the local agentYes
Data field to the public registryNo
The requirement for the presence of the SecretaryYes
Requirement to the residense of the SecretaryNo
Requirements to qualification of the SecretaryNo
Legal entity as the SecretaryNo
Shareholder and beneficiary
Minimum number of shareholders1
Data is entered in the public registerNo
Shareholders residency requirementNo
Information about the beneficiary is disclosedNo
Information may be disclosed to the local agentNo
Shareholders-legal entities are acceptableYes
The requirement for filing reportsNo
Open access to reportsNo
Statutory auditNo
The requirement for filing Annual ReturnNo
Open access to the Annual ReturnNo
The requirement for reportsNo
Treaty on avoidance of double taxation (States which signed)12
Membership in the OECDNo
Is it offshore according to Russian legislationYes
Trademark Registration
TM Comprehensive Study
First Class Additional Class
446.40 USD392.40 USD
TM Registration Request
First Class Additional Class
1701.00 USD 990.00 USD
TM Registration Certificate
First Class Additional Class
0.00 0.00
First Class Additional Class
2147.40 USD 1382.40 USD
TM Comprehensive Study TM Registration Request TM Registration Certificate Total
First Class Additional Class First Class Additional Class First Class Additional Class First Class Additional Class
446.40 392.40 1701.00 990.00 0.00 0.00 2147.40 USD 1382.40 USD
«TRADEMARK» refers to «Wordmark», «Logo» or «Wordmark + Logo»

Prices include all professional and official fees. If the change of official duties or exchange rates prices may vary.

На островах Теркс и Кайкос можно подать заявление на получение Торговой марки основываясь на уже зарегистрированной Торговой марке в Великобритании.