Dmitri Mihhailov
Managing Partner
Founder of Prifinance. 15+ years structuring international companies, banking and licensing for founders worldwide.
Register a company in Turks & Caicos, zero tax in American dollars.
Set up a Turks & Caicos exempted company remotely - a British Overseas Territory with no income, corporate, capital-gains or withholding tax at all, closed registers, and one detail the rest of the Caribbean can't match: the official currency is the US dollar. The briefing covers banking realities and watchlist history too - before you commit, not after.A Turks & Caicos company registered remotely in 2-5 days: no income, corporate or capital-gains tax at all, closed registers, and the US dollar as official currency. Fine print included.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served
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
4.7
★★★★★
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Turks & Caicos in brief
The quiet zero-tax territory next door to the famous ones.
Turks & Caicos is what people imagine when they say «tax haven» - literally. The territory levies no income tax, no corporate tax, no capital gains tax and no withholding on anyone, resident or not; government runs on stamp and import duties. It is a British Overseas Territory under English common law with a UK-appointed governor, the US dollar as official currency, no exchange controls, and a modern Companies Ordinance that incorporates an exempted company in days through a licensed agent.
Two notes before the brochure part. First, the flag has spent time on international watchlists - like most zero-tax territories - so banks apply full KYC and we build the file accordingly. Second, TCI is a boutique, not a conveyor: fees sit above Seychelles or Belize, and the registry works through local licensed agents at island pace. In exchange you get a materially quieter flag than BVI or Cayman, dollar-denominated everything, and one of the Caribbean's hottest real-estate markets - which is exactly what most of our TCI clients are structuring.
The literal tax haven: no income, corporate, capital-gains or withholding taxes for anyone - the state lives on stamp and import duties. British territory, English common law, USD official, no exchange controls.
A boutique, not a conveyor - pricier than Seychelles, island-pace agents, and a flag banks KYC in full. In return: a quieter name than BVI and the Caribbean's hottest property market.
Packages & pricing
Turks & Caicos company - cost & packages.
01 - EXEMPTED COMPANY · TCI
Company
from$2,200USD · all-in
Remote registration of a TCI exempted company - name check, constitutional documents, government fees and the first year of the licensed agent and registered office included.
✓Name check & reservation at the Registry✓Government fees included✓Memorandum & articles drafted for you✓Licensed agent & 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.Add-ons: nominee services from $700/year · apostille sets from $250 · renewal from $1,500/year.
Start with Company →02 - EXEMPTED COMPANY · TCI
Most popularCompany + 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 fully remotely.
✓Everything in Company✓Account with an EMI or bank - USD, SWIFT/SEPA✓Account application & KYC file preparation✓Introduction to 2-3 suitable institutions✓Compliance onboarding support✓Dedicated account manager
Start with Banking →Starting prices, confirmed before any filing. Government fees and the licensed registered agent are itemised.Starting prices, confirmed before filing. Government fees and agent itemised.
What you can do
Popular uses for a TCI company.
An exempted company may run any lawful business outside the islands. And hold TCI real estate, its most popular job. Banking, insurance and investment business need an FSC licence.Any lawful business worldwide. Plus TCI real estate. Financial services need an FSC licence.
Real-estate holding
Providenciales villas and resorts held in a zero-tax, USD-denominated company. The classic TCI structure.
Asset & investment holding
Portfolios, yachts and IP with no capital-gains or withholding tax anywhere in the chain.
International trading
Dollar invoicing from a common-law company that never files a tax return.
Consulting & services
Clean British-territory paperwork for worldwide clients.
E-commerce
Stores and platforms settling through EMIs in the company's native currency - USD.
Financial serviceslicensed
Banking, insurance and investment business under TCI FSC licensing.
Real-estate holding
The classic TCI structure.
Asset holding
No CGT, no withholding.
International trading
USD invoicing, no tax return.
Consulting & services
British-territory paperwork.
E-commerce
EMI settlement in native USD.
Financial serviceslicensed
TCI FSC licensing.
Why Turks and Caicos Islands
Key advantages of the jurisdiction.
✓
Absolute zero tax
No income, corporate, capital-gains or withholding taxes exist. Not a regime, the whole system.The whole system, not a regime.
✓
US dollar official
The only serious zero-tax flag where accounts, contracts and property all price natively in USD.Native USD, not a peg.
✓
British Overseas Territory
English common law, UK-appointed governor, appeals toward the Privy Council. Real legal stability.Common law, Privy Council appeals.
✓
Closed registers
Owners and directors filed with the authorities, not published. Privacy within the law.Filed, never published.
✓
Quieter than the famous flags
A boutique registry without BVI's caseload of headlines. Counterparties meet it fresh.No headline caseload.
✓
No exchange controls
Capital moves freely, in and out, in the world's reserve currency.Capital moves freely.
How it compares
Turks & Caicos next to the Caribbean shortlist.
BVI sells the brand, Cayman sells the fund industry, Bahamas sells scale and residency, Anguilla sells price. TCI sells zero tax in dollars with a quieter name. Figures current as of 2026.BVI sells brand, Cayman funds, Bahamas scale, Anguilla price. TCI sells zero tax in dollars, quietly. Figures as of 2026.
| Country | Direct taxes | Currency | Signature edge |
|---|---|---|---|
| Turks & Caicos | None - 0% | US dollar | USD native · property boom |
| BVI | None - 0% | US dollar | The offshore brand |
| Cayman Islands | None - 0% | KYD (USD-pegged) | Funds & prestige |
| Bahamas | None - 0% | BSD (USD-pegged) | Scale · residency options |
| Anguilla | None - 0% | XCD (USD-pegged) | Lowest entry price |
Turks & CaicosUSD native
Direct taxesnone
CurrencyUS dollar
BVIBrand
Direct taxesnone
CurrencyUS dollar
CaymanFunds
Direct taxesnone
CurrencyKYD peg
BahamasScale
Direct taxesnone
CurrencyBSD peg
AnguillaPrice
Direct taxesnone
CurrencyXCD peg
Requirements
What TCI law actually demands.
01
One director - Individual or company, any nationality, any residency. No local director required.
02
One shareholder - The same person can be sole director and shareholder; corporate shareholders welcome.
03
Capital - No minimum and nothing to pay up. Authorised capital is declared, typically in US dollars.
04
Licensed agent & office - Every company acts through a TCI-licensed company manager and registered office. First year in our package.
05
Closed registers, filed - Directors and beneficial owners are lodged with the authorities. Closed to the public, visible to the regulator.
06
Annual fee & records - A flat annual government fee, confirmations through the agent, and accounting records kept. No audit, nothing published.
How it works
From application to a live company in days.
A licensed agent in Providenciales files what our lawyers prepare; you sign electronically, and most companies are incorporated within a week.Signed electronically, filed via a licensed agent in Providenciales; most companies are incorporated within a week.
01Same day
Free consultation
We confirm TCI fits your case. And say so plainly if BVI, Anguilla or an onshore route fits better.
021-2 days
KYC & documents
Passports, proof of address and a short description of the business; we draft the constitutional documents.
031 day
Name check
We clear and reserve the company name at the Registry.
042-4 days
Incorporation
The licensed agent files and the Registry issues the certificate of incorporation.
053-5 days
Registers & apostille
Director and beneficial-owner filings are lodged; apostilled originals are couriered to you.
061-3 weeks
Banking
We introduce the company to suitable EMIs or banks and support the account opening.
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
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 Tallinn, 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
Tallinn
Estonia
Roseni 13
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
Vilnius
Lithuania
Gedimino pr. 2
London
United Kingdom
7 Bell Yard
Prague
Czech Republic
Vlkova 532/8, Žižkov
Berlin
Germany
Rankestraße 26
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
Dubai
UAE
33 Level, Al Saqr Business Tower
Toronto
Canada
1110 Finch Avenue West, suite 406
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Almaty
Kazakhstan
Republic Square 13
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation 2026
Zero, across the board.
Turks & Caicos has no income tax, no corporate tax, no capital-gains tax, no withholding and no inheritance tax - for companies and individuals alike. The state funds itself on stamp duty (chiefly on real-estate transfers), import duties and tourism levies. A trading or holding company simply has no tax return to file.No income, corporate, capital-gains or withholding taxes - nothing to file. Only stamp and import duties if you touch the islands.
Corporate & income tax
Do not exist. There is nothing to compute, elect or defer.Do not exist.
Capital gains & inheritance
No tax on disposals or estates. Assets pass and sell untaxed.Untaxed, full stop.
Withholding
Dividends, interest and royalties leave the islands with zero deduction.Zero on everything leaving.
What is taxed
Stamp duty on TCI property deals (roughly 6.5-10%), import and tourism duties. Relevant only if you touch the islands physically.Stamp duty on TCI property, import 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 where they live - zero here does not mean zero at home, and we map that in the consultation.
Your team
The specialists who'll handle your case.
Eugeniu Bevziuc
International Business Consultant
Guides clients from the first consultation to a working setup - companies, accounts and substance in 60+ jurisdictions.
Alex Danila
Corporate Services Specialist
Handles incorporation paperwork, KYC and bank introductions so your Turks & Caicos company launches without delays.
Follow Prifinance
Active across our channels.
Watch: opening a company in Turks & Caicos with Prifinance
Zero tax, dollar accounts, a quiet British flag - structured properly, with the fine print said out loud. Full support, start to finish.
Talk to a specialist →FAQ
Turks & Caicos, before you buy.
Can I open a TCI company without visiting?+
Yes. The whole process - KYC, signing, filing through the licensed agent - runs remotely, and apostilled originals are couriered to you. Visiting is optional; many clients first see Providenciales when they buy property there.
How much does it cost?+
Turnkey registration starts from $2,200 including government fees and the first year of the licensed agent and registered office. With an account arranged, packages start from $3,900. Renewals run from $1,500 a year - a boutique flag, priced accordingly.
Is it really 0% tax?+
Yes - and not as a special regime. TCI simply has no income, corporate, capital-gains, withholding or inheritance taxes for anyone. The state lives on stamp and import duties. You still owe tax where you are personally resident; we map that before you commit.
Why TCI over BVI or Cayman?+
Same zero tax, different character: TCI is quieter - a boutique registry without the headline history - and it is the one flag where the official currency is the US dollar itself, not a peg. BVI wins on global brand recognition, Cayman on funds. For property and private holding, TCI is often the better fit.
Is ownership private?+
Registers of directors and beneficial owners are filed with the authorities but closed to the public. Regulators and courts can see them; counterparties cannot. International exchange (CRS/FATCA) applies to financial accounts, as everywhere - we make sure clients know before they buy.
What about watchlists and reputation?+
Like most zero-tax territories, TCI has spent time on international watchlists, and banks apply full KYC to the flag. It is also a British territory with a licensed-agent system 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 fintechs onboard TCI companies routinely - USD accounts in days. Local TCI banks are small and property-oriented; for operating businesses we usually route banking through EMIs or regional banks. We introduce you to institutions that actually open for this profile.
Can the company buy property in TCI?+
Yes - holding Providenciales real estate is the single most popular use. The purchase bears stamp duty (roughly 6.5-10% by value and island), and afterwards there are no annual property taxes. We structure the purchase, the ownership and the eventual resale.
What are the annual obligations?+
A flat government fee through the licensed agent, confirmation of registers, and keeping accounting records internally. No tax returns, no audit, no published accounts. 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 couriered, plan on about a week; a working EMI or bank account typically adds one to three weeks.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“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…”
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”
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.”
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…”
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…”
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!”
Google
More from Prifinance
Other jurisdictions & licenses.
Free consultation
Start your Turks & Caicos company today.
Tell us about the business, and a specialist replies within one business day: TCI or a better-fitting flag, with a timeline and a fixed quote.A TCI specialist replies within one business day: TCI or a better-fitting flag, with a fixed quote.
✓No obligation; the first consultation is free✓A clear recommendation, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU speaking team