Corporation Services Limited - professional company formation and management in the Turks & Caicos Islands Corporation Services Limited - professional company formation and management in the Turks & Caicos Islands

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Corporation Services Limited - Turks & Caicos company formation and management


TCI Exempted Companies

Exempted companies (also referred to as IBC's or offshore companies) are used for a multitude of different purposes, including, without limitation:

  • As directors, officers and shareholders of other companies;

  • As trustees of trusts exempt from licensing requirements;

  • As general partners to exempt limited partnerships;

  • To hold property located outside TCI;

  • To hold title to property and assets generally;

  • To act as mutual funds in certain circumstances;

  • To manage and maintain bank and brokerage accounts.

Exempted companies are typically limited by shares, however, they may be limited by guarantee (i.e. not having a share capital) or incorporated in a hybrid form (i.e. limited by guarantee and having a share capital). The more specialized forms are used in particular cases to achieve specific objectives - see this site's information on Guarantee Companies and Hybrid Companies.

Notice:

Exempted Companies formed between August 1st and December 31st will not be required to file their first annual returns until January 2005.  Contact us for full details of current discounts.

Corporation Services Limited - professional company formation and management in the Turks & Caicos Islands


Contact Details:


1, Caribbean Place
Leeward Highway,
Providenciales
Turks & Caicos Islands
British West Indies

Tel: 649-946-4344
Fax: 649-946-4564

Email

 

 

 
 
Corporation Services Limited - professional company formation and management in the Turks & Caicos Islands


CSL Group:


 

Corporation Services Limited - Turks & Caicos company formation and management
Corporation Services Limited - professional company formation and management in the Turks & Caicos Islands

 

     Ten 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.
     
Corporation Services Limited - Turks & Caicos company formation and management

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