THE JURISDICTION

Located at the southern most tip of the Bahamian Archipelago, the TCI is a politically, economically and socially stable Colony of the United Kingdom. Only six of the TCI's more than forty islands and cays are inhabited. The most populace island, Providenciales, is also the commercial and tourist center of the TCI. The historic island of Grand Turk, is our nation's capital and the seat of the local government.

The TCI offers a broad range of financial services covering banking, insurance, trusts, company formation and management, partnerships and investment funds as well as the registration of ships, patents and trademarks. There are a number of advantages to conducting business in or through the TCI:

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    		• No income taxes
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    		• No capital gains taxes
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    		• No gift, withholding or inheritance taxes
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    		• The US Dollar is the official currency
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    		• No exchange controls or restrictions on the movement of funds into or out of the colony
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    		• State-of-the-art telecommunications
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    		• Political and social stability
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    		• Legal system based on English common law
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    		• A strong tradition of strict banking and professional secrecy laws
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    		• State-of-the-art offshore financial services legislation and products
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    		• Same time zone as the United States and Canadian east coast
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    		• Same day company incorporation
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    		• Strong Government incentives for local investments
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    		• Favourable Immigration policy
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    		• Multiple international jet services to North America
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    		• Major international banks as well as offshore private banks and trust companies


    INVESTMENT INCENTIVES

    The Government of the TCI under the provisions of the Encouragement of Development Ordinance, may provide incentives for the establishment of new enterprises or the expansion of existing ones which are considered to have a beneficial effect on the economy of, and employment in the TCI. This Ordinance gives the Governor the authority to grant relief from duties and fees principally on, but not limited to, the import of construction material.

    Areas of Practice -//- Client Form -//- Main Page

    Gardiner & Company
    P.O. Box 8
    Caribbean Place,
    Providenciales
    Turks & Caicos Islands     		Phone 649 946-4819
    Fax 649 941-3452
    tcilaw@tciway.tc



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