Cost of registration | The cost of the second year | Number of Directors | Corporate tax rates | Payment of Charter Capital | Financial statements |
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1615.00 USD | 1200.00 USD | 1 | 0.00% | No | No |
How to register company on the Turks and Caicos IslandsThe 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
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 IslandsRegistration 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 IslandsEntrepreneurs 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 registration procedure includes the following stages:
Bookkeeping on the Turks and Caicos IslandsOffshore 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. |
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Nominee director and shareholder | |
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Square | 948.00 |
Population | 21 746.00 |
Capital | Cockburn Town |
State polity | parliamentary democracy |
Telephone code | 649 |
location | North Atlantic Ocean, on the south-east of the Bahamas, north of Haiti |
Climate | tropical 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 rate | 98.00% |
Ethnic groups | 90% - black people; 10% - mulatto and Europeans (British, Americans, Canadians) |
National currency | U.S. Dollar |
USD exchange rate | 1.00 |
GDP per capita | 103 |
Official language | English |
Credit rating | BBB+ |
The judiciary | The Court of Appeal (Nassau, Bahamas), the highest judicial body - the Privy Council (London) |
Executive authority | The 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 authorities | Assembly (Parliament), consists of 21 members, 15 of whom are elected by popular vote every four years, and another 6 appointed by the Governor. |
Opportunity to purchase ready-made companies | No |
Legal system | Based on the Anglo-Saxon common law |
The use of the Cyrillic alphabet in the name | No |
Local registered office | Yes |
Organizational and Legal Forms | ORDINARY RESIDENT COMPANY EXEMPT COMPANY LIMITED LIFE COMPANY HYBRID COMPANY EXEMPT LIMITED PARTNERSHIP LIMITED PARTNERSHIP TRUSTS |
Indication of BPA in the name | Limited, Corporation, Incorporated and their abbreviations. However, use of these words is not required. |
Local registered agent | Yes |
Standard currency | U.S. Dollar |
Information about the beneficiary is disclosed | No restrictions |
The minimum amount of the issued capital | No restrictions |
Bearer shares | No |
Terms of payment of the issued capital | No restrictions |
The usual size of the authorized capital | 5,000 |
Terms of capital payment | No restrictions |
Usual nominal value of shares | USD 1 |
Possibility to issue shares without par value | No |
VAT | No |
Basic corporate tax rate | 0.00% |
Capital gains tax | No |
Currency control | No |
Corporate tax rates details | Apart from annual registration fee, no taxes levied on business or transactions. |
Stamp duty | No |
Minimum number of directors | 1 |
The requirement for residency directors | No |
Director of legal entities are allowed | Yes |
The data reveals to the local agent | Yes |
Data field to the public registry | No |
The requirement for the presence of the Secretary | Yes |
Requirement to the residense of the Secretary | No |
Requirements to qualification of the Secretary | No |
Legal entity as the Secretary | No |
Minimum number of shareholders | 1 |
Data is entered in the public register | No |
Shareholders residency requirement | No |
Information about the beneficiary is disclosed | No |
Information may be disclosed to the local agent | No |
Shareholders-legal entities are acceptable | Yes |
The requirement for filing reports | No |
Open access to reports | No |
Statutory audit | No |
The requirement for filing Annual Return | No |
Open access to the Annual Return | No |
The requirement for reports | No |
Treaty on avoidance of double taxation (States which signed) | 12 |
Membership in the OECD | No |
Is it offshore according to Russian legislation | Yes |
TM Comprehensive Study | TM Registration Request | TM Registration Certificate | Total | ||||
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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. |