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Turks and Caicos Business, Taxation and Offshore Information

The Turks & Caicos Islands are located in the Caribbean. The Islands are a dependent territory of the UK with self-rule under a Governor and an elected legislative council. The 14 islands, south-east of the Bahamas, have land area of 430 sq km and a population of 31,500 'Belongers' plus expatriates; the culture is mostly Afro-Caribbean. The climate is sub-tropical; average daily temperature ranges from 17 to 30 Celsius; there can be hurricanes. The time zone is 4 hours behind GMT.

The official language is English and the legal system is largely derived from English law. There are international airports with daily flights to Miami (90 minutes) and more infrequent flights to other US cities, Halifax and London. The currency is the US dollar. Unemployment is high, but good growth has been improving matters, although there are skills shortages. Work and residence permits are available for most activities, but can be pricey. More »

 

Turks and Caicos Knowledge Base

Turks and Caicos: Country and Foreign Investment
A quick overview of the Turks and Caicos Islands - its history, geography, and business advantages.
Turks and Caicos Executive Summary »
Turks and Caicos Geography »
Turks and Caicos Population, Language and Culture »
Turks and Caicos Government »
Turks and Caicos Economy and Currency »
Turks and Caicos Entry and Residence »
Turks and Caicos Business Environment »
Turks and Caicos Investment Incentive Schemes »

Turks and Caicos: Types of Company
A look at various types of company in the Turks and Caicos Islands, providing options to suit different business needs.
Turks and Caicos Company Introduction »
Turks and Caicos Ordinary Resident Company »
Turks and Caicos Exempt Company »
Turks and Caicos Limited Life Company »
Turks and Caicos Hybrid Company »
Turks and Caicos Foreign Company »
Turks and Caicos Limited Partnership »
Turks and Caicos Exempt Limited Partnership »
Turks and Caicos Trusts »

Turks and Caicos: Offshore Business Sectors
The key sectors of the Turks and Caicos Islands's offshore economy.
Turks and Caicos Offshore Business Introduction »
Turks and Caicos Banking »
Turks and Caicos Insurance »
Turks and Caicos Investment and Fund Management »
Turks and Caicos Ship Management and Maritime Operations »
Turks and Caicos Trust Management »

Turks and Caicos: E-Commerce
A description of how e-commerce operations are enabled in the Turks and Caicos Islands, and how the offshore tax regime can best be utilised for e-commerce.
Turks and Caicos E-Commerce Introduction »
Turks and Caicos Offshore Activities »

Turks and Caicos: Offshore Legal and Tax Regimes
This section looks at available offshore operations in the Turks and Caicos Islands and the criterion required for obtaining offshore tax status.
Turks and Caicos Offshore Introduction »
Turks and Caicos Forms of Offshore Operation »
Turks and Caicos Fees Payable by Financial Institutions »

Turks and Caicos: Law of Offshore
A hub for information about the main laws and statutes affecting offshore and non-resident businesses in the Turks and Caicos Islands.
Turks and Caicos Table of Statutes »
Turks and Caicos Banking Law »
Turks and Caicos Insurance Law »
Turks and Caicos Trusts Law »

Turks and Caicos: Labour Regulation
An analysis of employment law, industrial relations, and social security schemes in the Turks and Caicos Islands.
Turks and Caicos Regulatory Environment »
Turks and Caicos Work Permits »

Turks and Caicos: Domestic Taxation
A guide detailing the scope and rate of taxes affecting individuals and companies in the Turks and Caicos Islands.
Turks and Caicos Domestic Corporate Taxation »
Turks and Caicos Personal Taxation »
Turks and Caicos Double Tax Treaties »

Turks and Caicos: Related Information
Other useful information pertinent to the Turks and Caicos Islands.
Map of Turks and Caicos »

 

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