Register a company in Turks & Caicos

- 0% direct tax in US dollars.

Company registration in Turks and Caicos allows you to establish an exempted company remotely in a British Overseas Territory with no income tax, corporate tax, capital gains tax or withholding tax. Ownership registers are closed to the public, there are no exchange controls, and the official currency is the US dollar. Banks apply enhanced KYC given the jurisdiction’s past watchlist history - we cover this before you commit, not after.

27 yrs
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6,000+
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Updated

Turks and Caicos Islands · at a glance
Legal formExempted company
Time to set up2-5 business days
Income & corporate tax0% - none exist
Official currencyUS dollar
RegistersClosed - not public
Remote setupYes - fully online
Svitlana Dmytriienko
Svitlana Dmytriienko
Your Turks & Caicos specialist
in
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Turks & Caicos in brief

A quiet zero-tax British territory operating directly in USD.

Turks & Caicos is a classic tax-neutral jurisdiction in the literal sense: there is no personal income tax, corporate tax, capital gains tax or withholding tax for residents or non-residents. Government revenue comes primarily from stamp duty and import duties. TCI is a British Overseas Territory governed by English common law, with a UK-appointed governor, the US dollar as its official currency and no exchange controls. An exempted company is incorporated through a licensed local agent within days.

Two points matter before formation. First, like many zero-tax jurisdictions, TCI has spent time on international watchlists, so banks apply full KYC and expect a properly documented file. Second, the registry is boutique rather than high-volume: costs are above Seychelles or Belize and all filings pass through licensed local agents. In return, TCI offers a less crowded flag than BVI or Cayman, native USD operations and one of the Caribbean’s strongest real-estate markets.

Packages & pricing

Offshore company registration in Turks and Caicos - cost and packages.

01 - EXEMPTED COMPANY · TCI

Company

from$2,200USD · all-in

Remote registration of a TCI exempted company includes name clearance, constitutional documents, government fees and the first year of the licensed agent and registered office.

✓Name check and reservation at the Registry✓Government fees included✓Memorandum and articles drafted for the structure✓Licensed agent and registered office - first year✓Beneficial-owner filing handled✓Free pre-incorporation consultation

Optional add-ons: nominee services - from $700/year · apostilled document sets - from $250 · annual renewal - from $1,500/year.

Start with Company →
02 - EXEMPTED COMPANY · TCI
Most popular

Company + Bank Account

from$3,900USD · all-in

A working TCI company with a bank or fintech account - USD-first balances, cards and online banking arranged remotely.

✓Everything in Company✓Account with an EMI or bank - USD, SWIFT / SEPA✓Account application and KYC file preparation✓Introduction to 2-3 suitable institutions✓Compliance onboarding support✓Dedicated account manager
Start with Banking →
These are starting prices; the final quote is confirmed before filing. Government charges and licensed-agent fees are itemised separately.
What you can do

Popular uses for a Turks & Caicos company.

An exempted company may conduct almost any lawful business outside the islands and can also hold TCI real estate, one of its most common uses. Banking, insurance and investment activities require a separate FSC licence.

Real-estate holding

Providenciales villas and resort properties can be held through a zero-tax company operating natively in USD.

Asset & investment holding

Portfolios, yachts and intellectual property can be held without local capital gains or withholding tax.

International trading

USD invoicing through an English common-law company that does not file a corporate income-tax return.

Consulting & services

A British-territory corporate structure for international clients and service businesses.

E-commerce

Online stores and platforms settling through EMIs in the company’s native currency - USD.

Financial serviceslicensed

Banking, insurance and investment business require separate licensing from the TCI FSC.

Why Turks and Caicos Islands

Key advantages of the jurisdiction.

✓
0% direct taxes

Income tax, corporate tax, capital gains tax and withholding tax do not exist.

✓
US dollar as official currency

Accounts, contracts and property values operate directly in USD rather than through a local currency peg.

✓
British Overseas Territory

English common law, a UK-appointed governor and appeals to the Privy Council provide a familiar legal framework.

✓
Closed registers

Directors and beneficial owners are filed with the authorities but are not publicly disclosed.

✓
A less crowded offshore flag

The registry is more boutique than BVI or Cayman.

✓
No exchange controls

Capital can move freely in and out in US dollars.

How it compares

Turks & Caicos alongside the main Caribbean alternatives.

BVI competes on brand recognition, Cayman on fund infrastructure, the Bahamas on scale and residency options, and Anguilla on entry cost. Turks & Caicos combines zero direct tax, British law and an official USD environment under a less crowded name. Figures current as of 2026.

CountryDirect taxesCurrencySignature edge
Turks & CaicosNone - 0%US dollarUSD native · property boom
BVINone - 0%US dollarThe offshore brand
Cayman IslandsNone - 0%KYD (USD-pegged)Funds & prestige
BahamasNone - 0%BSD (USD-pegged)Scale · residency options
AnguillaNone - 0%XCD (USD-pegged)Lowest entry price
Turks & CaicosUSD native · property boom
Direct taxesNone - 0%
CurrencyUS dollar
BVIThe offshore brand
Direct taxesNone - 0%
CurrencyUS dollar
Cayman IslandsFunds & prestige
Direct taxesNone - 0%
CurrencyKYD (USD-pegged)
BahamasScale · residency options
Direct taxesNone - 0%
CurrencyBSD (USD-pegged)
AnguillaLowest entry price
Direct taxesNone - 0%
CurrencyXCD (USD-pegged)
Requirements

What TCI law actually requires.

01
One director - an individual or company of any nationality and residency; no local director is required.
02
One shareholder - the same person may act as sole director and sole shareholder; corporate shareholders are permitted.
03
Capital - there is no minimum and no paid-in requirement; authorised capital is usually denominated in US dollars.
04
Licensed agent & office - every company must operate through a TCI-licensed company manager and maintain a registered office.
05
Closed registers - directors and beneficial owners are filed with the authorities but remain closed to the public.
06
Annual fee & records - a fixed annual government fee, confirmations through the licensed agent and internal accounting records are required; there is no mandatory audit or published financial reporting.
How it works

From application to a registered company - within days.

To open an offshore company in Turks and Caicos, we run the process through our lawyers and a licensed local agent in Providenciales. Documents are signed electronically, and most companies are incorporated within a week.

01
Free consultation

We confirm whether TCI fits the project and flag BVI, Anguilla or an onshore structure if one of those options is more suitable.

Same day
02
KYC & documents

Passports, proof of address and a short description of the business; the constitutional documents are prepared.

1-2 days
03
Name check

The proposed company name is cleared and reserved at the Registry.

1 day
04
Incorporation

The licensed agent files the documents and the Registry issues the certificate of incorporation.

2-4 days
05
Registers & apostille

Director and beneficial-owner filings are completed and apostilled originals are sent by courier.

3-5 days
06
Banking

The company is introduced to suitable EMIs or banks and supported through account opening.

1-3 weeks
Quick facts
Legal formExempted company
Director / shareholder1 + 1, any nationality
Direct taxesNone - 0%
Standard timeline2-5 business days
CurrencyUS dollar - official
RegistersClosed to the public
RenewalFrom $1,500/year

TCI works through licensed local agents - boutique pace, boutique privacy. We manage the agent so you don’t have to.

On the ground

On the ground in Turks & Caicos.

Prifinance - Turks & Caicos
Providenciales
Providenciales, Turks and Caicos Islands
✆+44 748 881 18 54✉info.en@prifinance.com
◷Mon-Fri · replies within one business day
01
Offshore specialists

Your setup is run by a team that structures Caribbean zero-tax companies for international founders every month.

02
Licensed agent included

A TCI-licensed company manager and registered office keep the company compliant while you operate remotely.

03
Real-estate structuring

Purchases of Providenciales property through the company. Stamp duty planned, ownership private.

04
Also in Hong Kong, London, Dubai & more

A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.

We also have offices in
Hong Kong
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
+852 5808 0297
Lithuania
Vilnius
Lithuania
Gedimino pr. 2
+370 520 738 81
United Kingdom
London
United Kingdom
7 Bell Yard
+44 748 881 18 54
Czech Republic
Prague
Czech Republic
Vlkova 532/8, Žižkov
Germany
Berlin
Germany
Rankestraße 26
Portugal
Madeira
Portugal
Rua da Alegria 31, 1F
+351 300 528 936
Hungary
Budapest
Hungary
Korányi Sándor u. 4
+36 18 001 911
Türkiye
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
+90 212 900 47 64
UAE
Dubai
UAE
33 Level, Al Saqr Business Tower
+971 800 0321096
Canada
Toronto
Canada
1110 Finch Avenue West, suite 406
+1 416 613 7311
Singapore
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Thailand
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
China
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Kazakhstan
Almaty
Kazakhstan
Republic Square 13
+7 717 269 59 04
Kyrgyzstan
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation 2026

0% direct taxes - without a special regime.

Turks & Caicos has no personal income tax, corporate income tax, capital gains tax, withholding tax or inheritance tax for companies or individuals. Government revenue comes mainly from stamp duty on property transfers, import duties and tourism levies. A standard trading or holding company therefore has no corporate tax return to file.

Corporate & income tax

Do not exist - there is nothing to calculate or file.

Capital gains & inheritance

No capital gains or inheritance tax applies.

Withholding

Dividends, interest and royalties leave the islands without local withholding.

What is taxed

Stamp duty on TCI property transactions - roughly 6.5-10% - plus import and tourism duties.

Levies in 2026
Corporate income taxNone
Personal income taxNone
Capital gains taxNone
Withholding taxNone
Stamp duty - TCI property~6.5-10%
Renewal & government feesFrom $1,500/year

Owners remain responsible for tax in their country of residence: zero tax in TCI does not automatically mean zero tax at home.

Your team

The specialists who'll handle your case.

Dmitri Mihhailov
Dmitri Mihhailov
Managing Partner

Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.

Eugeniu Bevziuc
Eugeniu Bevziuc
International Business Consultant

Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.

Alex Danila
Alex Danila
Corporate Services Specialist

Handles incorporation paperwork, KYC and bank introductions so your Turks & Caicos company launches without delays.

Follow Prifinance

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Zero tax, dollar accounts, a quiet British flag - structured properly, with the fine print said out loud. Full support, start to finish.

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FAQ

Common questions about company registration in Turks and Caicos.

Can I open a TCI company without visiting?+

Yes. KYC, signing and filing through the licensed agent are completed remotely, while apostilled originals are sent by courier.

How much does company registration in Turks and Caicos cost?+

Turnkey registration starts from $2,200, including government fees and the first year of the licensed agent and registered office. Packages with account-opening support start from $3,900, while annual renewal starts from $1,500.

Is it really 0% tax?+

Yes. This is not a preferential regime: TCI has no personal income tax, corporate tax, capital gains tax, withholding tax or inheritance tax. Owners may still have tax liabilities where they are resident.

Why choose TCI over BVI or Cayman?+

The tax outcome is similarly 0%, but the positioning differs. TCI is a smaller, more boutique jurisdiction and uses the US dollar as its official currency. BVI has stronger global recognition, while Cayman is more closely associated with funds. For property and private holding, TCI is often the better fit.

Is ownership private?+

Directors and beneficial owners are filed with the authorities but are not publicly available. Regulators and courts can access the information, while CRS and FATCA continue to apply to financial accounts.

What about watchlists and reputation?+

Like many zero-tax territories, TCI has appeared on international watchlists, so banks apply enhanced KYC. It remains a British territory operating through licensed agents and modern AML rules. With real invoices and a clean file, accounts open - we prepare exactly that file.

How is banking for a TCI company?+

EMIs and international fintech providers routinely work with TCI companies and can provide USD accounts. Local banks are smaller and more property-focused, so operating companies often use EMIs or regional banks. If the objective is to transfer money to Turks and Caicos or out of the jurisdiction, there are no exchange controls, although every transfer remains subject to standard KYC and AML checks.

Can the company buy property in TCI?+

Yes. Holding Providenciales real estate is one of the most common uses of a TCI company. A purchase attracts stamp duty of roughly 6.5-10%, depending on value and island, while there is no annual property tax afterwards.

What are the annual obligations?+

The company must pay the fixed government fee through its licensed agent, confirm registry information and maintain internal accounting records. No corporate tax returns, audit or published accounts are required. Miss the fee and penalties stack - our renewal service tracks the calendar.

How long does it take?+

Incorporation takes 2-5 business days once KYC is complete. With apostilled documents, allow around one week, while a working EMI or bank account usually adds another 1-3 weeks.

Client notes
Google4.7★★★★★

Founders who wanted it done right.

Google4.7★★★★★
★★★★★Google
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
K N
K N
Google
★★★★★Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Mina Kedis
Mina Kedis
Google
★★★★★Google
“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”
Юрий Валерьевич
Юрий Валерьевич
Google
★★★★★Google
“I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license…”
Anna Anna
Anna Anna
Google
★★★★★Google
“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”
Анастасия Одокиенко
Анастасия Одокиенко
Google
★★★★★Google
“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”
Maria Jose Santome
Maria Jose Santome
Google
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