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Turks & Caicos |
Turks and Caicos
Islands (TCI) are a group of islands situated in the Caribbean southeast
of the Bahamas. The islands are politically stable and have their own
government since the Constitution was introduced in 1976. They remain
a British Colony to date. Turks and Caicos Islands pride itself with
a small but vibrant open economy, which depends largely on tourism
and the offshore finance industry. It has modern telecommunication
systems. There is no exchange control and double tax treaties.
Exempt Company
The Exempt Company is the most commonly used body corporate for international
trade and investment purposes. There is no taxation other than the
fixed yearly Government Fee. This type of company may also obtain
a guarantee against the imposition of the future taxation, or increased
government fee for 20 years from the date of incorporation. Under
the Turks and Caicos Island Companies (Amendment) Ordinance 2001,
if bearer shares are issued they must either be held by a licensed
custodian, held by the Registered Agent or the Registrar must be
notified of the custodian of the bearer share certificates.
Each corporate package includes:
The complete corporate package is delivered by express courier.
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