Turks & Caicos Company Formation

Are you looking for company formation options in Turks & Caicos? Here are the most beneficial options for your entity. 

TCI Exempt Company is the most popular company structure for foreign investors in Turks & Caicos, which is a British protectorate.

Company formation in Turks & Caicos requires one director and one shareholder along with a name translated into English for the Certificate of Incorporation, and you can complete the process in just 48 hours.

You should also provide an English version of the Articles of Incorporation.

Turks Caicos company formation

The shareholder may be a company, and the same applies to the director or any officer within the company, who may also be a corporate entity. If preferred, one person may fulfil all roles within the company.

The company is not required to include its holdings within the Memorandum of Association and may issue more than one type of share and attach different rights to each class. The company may also operate with the need for a register of Mortgages and Charges.

Reporting requirements are the provision of an annual statement that demonstrates regulatory compliance. A local registered office is also mandated, but there is no requirement for a resident on-the-ground director.

The only annual expense is the renewal fee and records maintenance.


  • 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

  • High level of corporate anonymity with no director/shareholder register requirement

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