ARTICLE · 05 JANUARY 1999
Professional Corporate & Financial Services - Turks & Caicos Information
1. Company Law?
Companies Ordinance 1981
2. Types of company?
Ordinary, Exempt, Foreign, Limited Life Company (LLC), Non Profit Associations
Type of company preferred for international transactions, Shareless companies?
Companies limited by Guarantee, Exempt Company
3. Capital requirements?
No minimum paid up share capital is required for exempt companies
4. Costs to incorporate, excluding government fees?
US$350 - $1,500
5. Fees paid to authorities to incorporate?
US$275 - Ordinary companies; US$100 - Exempt
6. Annual fees paid to authorities?
US$250 - Ordinary companies; US$300 - Exempt
7. Taxation rates applied to companies generally?
Nil
The taxation of companies in 2a?
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