The Turks and Caicos, with legislation and regulatory frameworks in place, is developing its financial services sector. A sizeable unbanked, remittance-sending population awaits those who can offer much-needed services.

For decades, Providenciales has been the main driver of economic growth in the Turks and Caicos Islands. What was once a quiet island has grown into one of the Caribbean's leading tourism...

There is a desire within Turks and Caicos Islands to grow the nation's financial services sector.

The Turks and Caicos Islands has committed to revitalising its financial services sector.

The environment in Turks and Caicos has been set up to be business-friendly, with government support available to help companies establish operations in the islands.

The tourism industry is a mainstay in North Caicos, but the government's National Physical Development Plan aims to bolster its economic output through agriculture.

The Turks & Caicos Islands (TCI) is a British overseas territory and a zero-tax jurisdiction. Its law is a mix of English common law, some UK statutes which have been extended to TCI, and local ordinances. The usual TCI corporate vehicle for international business is the exempted company limited by shares, commonly known as an IBC, and the law discussed in this chapter relates to IBCs.