Turks and Caicos Companies


Turks and Caicos Companies. Turks and Caicos Incorporation. Turks and Caicos Offshore.

KGN Services specializes in Turks and Caicos company incorporation and bank account opening.

Turks and Caicos Companies – Overview

Main advantages of Turks and Caicos incorporation

  • Exemption from all local taxes and stamp duty
  • No currency control
  • Maximum confidentiality and anonymity
  • Easy operation, maintenance and control
  • Active security
  • No information or minimum capital requirement
  • The minimum number of shareholders is one
  • The minimum number of directors is one
  • Company directors and shareholders are permitted
  • Excellent and flexible follow-up services after incorporation
  • No statutory requirement to hold annual general meetings

Main company legislation

Company Order 1981 as amended.

Type of law


Legislative language and corporate documents


Entity type for international trade, investment and tax planning

Exempt / International Business Company.

Turks and Caicos Company – Key Facts

Share capital

Standard authorized share capital is US$5,000. Minimum paid-up share capital is US$1.

Available share classes

Registered shares, shares without par value, bearer shares, preference shares, redeemable shares and shares with or without voting rights.

Bearer shares


Restrictions on trade

A Turks and Caicos company cannot trade within the Turks and Caicos Islands. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship are not permitted.

Registered domicile required

Every Turks and Caicos company must have a registered agent and registered office in the Turks and Caicos Islands, provided by a licensed service provider.


A Turks and Caicos company requires a minimum of one director. The director may be of any nationality and need not be a resident of the Turks and Caicos Islands. Company directors are allowed.


A Turks and Caicos corporation requires at least one shareholder.

Publicly available records


Nominee shareholders and nominee directors


Location of board and shareholder meetings


Personal presence required




Access to double taxation


Requirements for registration of accounts


Requirement to submit an annual statement


Revision requirements


means of payment

American dollar.

The language of the name


Limited Words

Words like “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company”, etc. will require justification.

Name of a company

The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., SA must be part of the name of any Turks and Caicos company.

Time to incorporate

Two weeks.

Do you have questions? Need advice?

Make an inquiry or request a confidential call back or chat with us.



Turks and Caicos company formation fees

Turks and Caicos Company Formation Package includes:

  • Check company name
  • Initial business approval
  • Preparation of application documents
  • Company registration fee
  • Registered office address for 1 year
  • Registered agent service for 1 year
  • State application fee
  • Certificate of Incorporation
  • Memorandum & articles of association
  • Minutes from the first meeting with the appointment of director(s)
  • Share certificate(s)
  • Register of shareholders
  • Register of directors

From: $4990


Why choose KGN Services?

We have been helping business owners since 1996

Our focus is to incorporate your business

We make a complex process quick and easy

We work closely with the company registers to guarantee our service

Fastest offshore companies and accounts – The most competitive rates worldwide

Services related to Turks and Caicos Company Formation

KGN Services provides the following services related to Turks and Caicos Company Formation:

  • Turks and Caicos Incorporation
  • Registered office and agent services in the Turks and Caicos Islands
  • The company’s secretarial service
  • Nominated shareholder / Nominated director
  • Opening bank accounts
  • Full business administration
  • Postal address in the Turks and Caicos Islands
  • Trademark registration

Turks and Caicos Islands – general information

Location: two archipelagos in the North Atlantic, southeast of the Bahamas, north of Haiti.

Area: total: 948 km2, land: 948 km2, water: 0 km2. …

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Natural resources : Lobster, conch.
Population: 52,570 (July 2017 estimate).

Capital: Grand Turk (Cockburn Town).

Time zone: UTC-5.

Language: English (official).

Dependency Status:  British Overseas Territory.

Government type: Parliamentary democracy (House of Assembly); self-governing overseas territory of Great Britain.

Legal system : Mixed legal system of American and English common law, common law and local statutes.
International organization participation : Caricom (associate), CDB, Interpol (sub-agency), UPU.

Economy : Turks and Caicos’ economy is based on tourism, offshore financial services and fishing. Most capital goods and food for domestic consumption are imported. The United States is the leading source of tourists, accounting for more than three-quarters of the more than 1 million visitors who arrive annually. Three quarters of the visitors come by ship. Important sources of government revenue also include fees from offshore financial activities and customs receipts.

Currency: US dollar.

KGN Services | Turks and Caicos Company

Tags: Turks and Caicos Offshore

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Requirement to submit an annual statement

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