Turks and Caicos Law
Business legal requirements > Exempted companies (IBC's)

Exempted companies (IBC's)

Some reasons to consider locating your IBC in TCI:

>   Only one shareholder required;
>   Only one director required (may also be the secretary);
>   No nationality restrictions on members and management;
>   Bearer shares are permitted;
>   Capital may be expressed in any currency;
>   Exempted from future TCI taxation (if any) for 20 years;
>   Minimal reporting requirements;
>   No disclosure of shareholders / directors / officers;
>   No obligation to hold AGMs;
>   Can be incorporated rapidly and at reasonable cost.
 
All related services are available including: opening TCI bank accounts, obtaining corporate credit cards, opening brokerage accounts (on-line and regular), account maintenance and management, mail forwarding and invoicing, secretarial services with the full support and expertise of our compliment of attorneys.



 

 
 

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