Proform Offshore can incorporate offshore companies in the Turks and Caicos Islands, either formed to order with the client's choice of name or can supply from a shelf list. Full services available including nominee directors, registered office and agent and all government fees.
Location
The Turks & Caicos Islands are located 570 miles to the south
east of Florida, at the end of the Bahamian group of islands.
The capital Island is Grand Turk which is where the majority
of the 15,000 inhabitants live.
Government
A colony of the United Kingdom, the Islands have their own
constitution. The islands have always had a history of political
stability and enjoy a measure of self-government since the
1976 Constitution. The legal system is based on English Common
Law. English is the official language with the United States
Dollar as the official currency
Types
of Company
There are two types of companies that may be incorporated
in the Islands; the Non-exempt, or Local company, and the
Exempt, or the Offshore company. We can arrange for the
incorporation of both types of companies although clearly
the latter is of primary importance. An Exempt company may
not own property on the islands and can only trade outside
of the islands exept for dealings with local professional
firms and banks. There is no requirement for the company
to have the word "Limited" as part of itīs name.
Taxation
/Accounts
There is no liability to tax of any kind in the Turks and
Caicos Islands (except payment of the annual duty which is
included in our fees). Accounts neither need to be audited
nor filed with any government offices.
Advantages
- Politically
stable
- Excellent
communications
- Good
banking facilities
- No
exchange control
- No
disclosures necessary
- Legal
system based on UK common law
- Official
language is English
- No
double tax treaties
- Companies
are guaranteed not to be subject to any form of taxation
for 20 years from incorporation
|
Fee
Schedule
| Total
first year's costs
includes incorporation,
registered office and agent, and government licence
fee of US$300 | UK£695 US$1147 |
Annual
costs
includes registered office and agent, filing returns and government
licence fee (US$300) |
UK£595 US$982 |
Nominee Director and shareholder (per year)
We would appoint a nominee to act on your behalf as a director and shareholder to ensure your anonymity. We appoint individuals not corporate nominees. This includes a non-apostilled Power of Attorney.
|
UK£295 US$487 |
Assistance
with opening bank account
Proform Offshore can assist with opening accounts with
a bank in Cyprus |
UK£250 US$413 |
Apostilled Documents
Proform Offshore can arrange for a power of attorney and/or company documents to be issued, certified and apostilled - per document |
UK£130 US$215 |
Courier
Fees
we forward company documentation by express airmail
however if speed is paramount then a courier service
is available |
UK£50 US$83 |
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