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Turks and Caicos: Types of Company

Exempt Limited Partnership

A Limited Partnership doing business outside the Islands can apply to the Governor for tax exempt status which if granted will exempt it from paying any Island taxes for a period of 50 years. An Exempt Limited Partnership is not required to file details of its limited partners at the Companies Registry although a requirement to maintain proper details at the firm's registered office still applies. An Exempt Limited Partnership must both file an annual declaration of compliance with the law and pay an annual fee.

 

 

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