Before forming a company in a foreign jurisdiction, understanding the exact cost structure is crucial to avoid potential financial burnout. In this piece, we have prepared a detailed breakdown of the costs and pricing for a complete TCI company setup. Here we also include pricing for additional and renewal services. We also have a guide to offshore company formation where you can explore the cost scenario of other offshore jurisdictions.
Turks and Caicos Company Formation Packages
Gryffin Capitalist offers two exclusive Turks and Caicos offshore company registration fees and packages designed to provide global business solutions. All fees are quoted in USD and cover the first year of operations. It also includes government fees for the first year. Choose the desired package that meets your current business requirements.
Turks and Caicos Standard Package
Turks and Caicos company formation cost: $2,250.
Our Standard Package covers everything our clients need to swiftly start a company in the Turks and Caicos. It is designed for investors and entrepreneurs who want their company formed seamlessly with all statutory elements in place.
Our Package Includes:
- Turks and Caicos Company Formation
- Issuance of the Certificate of Incorporation
- Document Processing and Submission
- Preparing and Filing the MOA and AOA
- Government filing fee coverage for 1 year
- Registered Agent and Registered Office Address Service for 1 year
- Company Secretary for 1 year
- GC Account Manager at your Service for 1 year
Turks and Caicos Executive Package
Turks and Caicos company formation cost: $3,150
The Executive Package covers one important element essential for all businesses: a corporate bank account. We offer dedicated bank account support and include everything in the Standard Package.
Our Package Includes:
- Includes all the Services Offered in our Standard Package
- Certification of Corporate Documents for International Use
- Complete Bank Account Opening Assistance
- One-Time Application with the Right Bank
- Preparation of Bank Application & Supporting KYC Documents
- Fast-Track Appointment With a Bank Representative
Turks and Caicos Company Formation Cost: Additional Services
Beyond the core packages, the Turks and Caicos company formation costs for additional services are as follows:
| Additional Services | Description | Service Fee |
|---|---|---|
| Change of Registered Agent | Includes appointing a new registered agent, filing a Notice of Change and ensuring full compliance. | $750 |
| Certificate of Good Standing | An official certificate confirming that the company is fully authorized to conduct business operations. | $400 |
| Certificate of Incumbency | An official document listing the important details of the company’s current directors, shareholders, and officials. | $250 |
| Company Seal | A company seal that is used to authorise and place formal documents of the company. | $150 |
| Restoration of IBC/IC | Restoration of a Caicos company that was struck off by the Registrar of Companies. | Price on Request |
| Notarization and Apostille | Apostille certification of corporate documents for a Caicos company for international use and seamless transactions. | $650 |
| Company Liquidation | Assistance during the company liquidation process. | Price on Request |
| Official Entity Search Certificate | Assistance in finding company details from the TCI Company Registry and issuance of a formal certificate. | $250 |
Turks and Caicos Company Formation Cost: Renewal Services
Annual renewal fees for a Caicos company must be paid before the deadline to remain in good standing with the government authorities. The renewal fees listed below apply from the second year of registration onwards.
| Renewal Services | Pricing |
|---|---|
| Company Renewal Service (includes government fees) Registered Office and Registered Agent Service for 1 year Annual Filing of Register for Directors, Shareholders, and UBOs Company Secretary Service for 1 year |
$1950 |
Exact Timeline for Samoa Company Formation
Here is a timeline of how our team seamlessly assists during Turks and Caicos company formation.
| Timeline | Process |
|---|---|
| DAY 1 | Selection of the desired Caicos company formation package and submission of KYC credentials. |
| DAY 1-2 | Review and complete verification of the submitted KYC documents. |
| DAY 2-3 | Filing of the company registration form with the FSC. |
| DAY 4-5 | The Certificate of Incorporation is officially issued in the Turks and Caicos Islands. |
| DAY 5 | Initiating the delivery of the full company kit by our team via digital or physical means. |
| DAY 5 | For the executive package, our team initiates the bank application process and schedules an appointment with a bank representative. |
This was all about the Turks and Caicos company formation costs and packages prepared by the Gryffin Capitalist team for a transparent, hassle-free setup experience. To learn more about the costs and pricing in other offshore jurisdictions, explore our offshore incorporation packages. If you have any additional queries, contact us anytime for a clear picture!
What our clients say
Starting a business in the UAE seemed complicated, but Gryffin Capitalist made it seamless. The team is very knowledgeable, professional, and responsive.
I had a great experience registering my company in the UAE with Gryffin Capitalist. The Gryffin Capitalist team assisted in selecting the right Emirate to complete all legal steps.
Thanks to Gryffin Capitalist, starting my business in the UAE was smooth and efficient. They offered advice on company formation and licensing and assisted in opening a bank account.
Frequently Asked Questions (FAQs)
How much does it cost to register a company in the Turks and Caicos?
The cost to register a company in Turks and Caicos with Gryffin Capitalist is $2,250 for the Standard Package and $3,150 for the Executive Package.
Should I pay any annual renewal fees after company registration in the Turks and Caicos?
Yes, you must pay the annual renewal fees after 1 year of the Caicos company registration.
Are government fees included in the Turks and Caicos IBC formation fees?
Gryffin Capitalist provides a detailed Turks and Caicos company formation fees breakup that also includes government fees.
How long does offshore company registration take in the Turks and Caicos?
In Turks and Caicos, a company is formed within 4 to 5 business days.
Does the Turks and Caicos company formation cost include a registered agent?
Yes, the Turks and Caicos company formation cost includes registered agent fees for a year.