Turks and Caicos Islands
As a UK overseas territory, Turks and Caicos uses a British common law legal framework and is tax neutral, with no income or corporate taxes. Incorporation can be achieved within two days, and an insurance license can normally be obtained within 10 business days for well-prepared applications. Both pure captives and producer-owned reinsurance companies (PORCs) are welcomed.
Quick Facts
Minimum Capital & Surplus
| Structure Type | Minimum Capital |
|---|---|
| Requirement | Varies by amount of capitalization and application queries |
Regulatory Framework
FSC Licensing Committee framework
Tax Environment
No local sales, income, or corporation taxes
Regulatory & Statistical Profile
Statistical profile pending verification for this domicile.
checklist Authorized Captive Structures
List of authorized captive structures pending verification.
payments Fees & Solvency Compliance
gavel Regulatory Contact Office
Considering Turks and Caicos Islands for Your Captive?
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