Turks and Caicos Company Formation Benefits
What are the benefits of company formation in Turks and Caicos? This British protectorate offers a number of perks for company formation in the Caribbean. If you’re looking for a high level of corporate anonymity with no requirement for a director or shareholder register, this is the jurisdiction for you.
What other benefits are there for Turks and Caicos company formation?
The only annual expense you will have to incur is the renewal fee for your corporate registration and the maintenance of your records. Fortunately, the advantages of incorporating in Turks and Caicos don’t stop there. Additionally, you will have great ease in managing and controlling your entity and your operations. These include not having any minimum required startup capital nor auditing requirements.
The other benefits of Turks and Caicos company formation are:
- 20-year tax corporate tax moratorium
- No sales, income, profits and capital gains tax
- Foreign ownership permitted
- Zero currency restrictions
- No minimum starting capital requirement
- No auditing requirements