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Turks and Caicos Offshore Company Formation

Enjoy a seamless Turks and Caicos Company Formation procedure with our experts. Gryffin Capitalist offers an all-inclusive company incorporation service package customized to your business needs.

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100% Remote
Offshore Company Setup

Incorporate your company
starting from $1,550

Duration 4-5 days

Shore Up Your Business: Turks and Caicos Offshore Company Formation Made Simple!

Companies operating in the Turks and Caicos Islands (TCI) are governed by the Companies Ordinance 2017 (as amended) and overseen by the Financial Services Commission (FSC). The ownership of company stocks is unrestricted for both foreigners and locals, allowing shares to be held by individuals and legal entities alike. 

So why choose a Turks and Caicos Offshore Company Formation? Well, there are reasons. Firstly, it offers an investment environment in real estate where owning a company name sets it apart from other assets. 

Additionally, numerous insurance companies have found this location to be safe and cost-effective for their operations. Being a British Overseas Territory, the Turks and Caicos Islands provide stability with a system based on principles. 

Furthermore, conducting business is simplified as English is the language.

Benefits of the Turks and Caicos Islands Offshore Company Formation
Tax Exemption - The islands are exempt from income tax, capital gains tax, gift tax, or inheritance tax.
Capital Requirements - There is no specific minimum capital requirement. The standard authorised share capital is US$5,000.
Paid-up Capital - Minimum paid-up share capital is US$1.
High Confidentiality - The register of directors and shareholders is not disclosed to the public.
No Currency Control - The Turks and Caicos Islands provide no restrictions on using different currencies for offshore business.
Features of Turks and Caicos Islands Offshore Company Formation
The minimum required shareholder and director is one and can be of any nationality.
Corporate directors are also allowed to form offshore companies.
A registered office is required for the Turks and Caicos Islands.
Nominee shareholders and nominee directors are allowed.
The beneficial ownership of Turks and Caicos company is not disclosed.

Documents Required for Turks and Caicos Islands Offshore Company Formation

Certificate of incorporation
Articles of incorporation
Passport copies of all the members
Address proof of all the members

Steps to Set Up an Turks and Caicos Islands Offshore Company

Finalize the Company Name

Select at least three names for the company formation. Maintain all the regulations of Turks and Caicos Islands. 

Submit the Documents

Prepare the documents mentioned above and upload them to the government portal. 

Clear the Payment

Clear the payment of necessary company registration fees and duties in Turks and Caicos Islands.

Register the Company

Once the payment is cleared, the Company’s Register will incorporate the company in Turks and Caicos Islands. 

Considering Gryffin Capitalist for Your Turks and Caicos Offshore Company Formation

Our expert professionals will assist you by clarifying procedures and managing all documentation processes specifically tailored to the Turks and Caicos Islands. 

Should you wish to proceed, please don't hesitate to reach out to us; we are more than happy to help you set up your business venture for your Offshore Company Setup.

What our clients say

Frequently Asked Questions (FAQs)

Offshore jurisdictions such as TCI offer businesses a variety of tax and legal options, including low or no taxes, confidentiality and privacy, and a favorable business environment.

A Turks and Caicos Islands tax-exempt company is a type of business structure that is exempt from paying corporate income taxes in the jurisdiction. Such companies are usually used for international business activities and are very popular with foreign investors and entrepreneurs.

Exemptions and benefits provided to exempt companies include no requirement to file annual financial statements, no requirement to hold an annual general meeting, reduced compliance requirements, etc.

The cost of obtaining Turks and Caicos Islands (TCI) citizenship under the TCI Citizenship by Investment program depends on the specific investment option selected, as well as it may vary depending on other factors such as diligence fees, attorney's fees, and other costs.

A minimum number of shareholder requirements is one.

The law recognises redeemable shares, registered shares, preference shares, shares without par value, and shares with or without voting rights.