Offshore
Banking and
The Turks and Caicos Islands
The
Turks and Caicos Islands is one of the world's most tax-efficient jurisdictions.
There are no income, capital gains, gift, or inheritance taxes of any kind.
There are also no exchange controls and no tax treaties with any other
jurisdictions.
In addition to providing a beautiful environment, TCI is a British Dependent Territory in the Caribbean, and
as such, there are no
direct taxes, either personal or corporate. Because of the close proximity to
the USA, the local currency is the US dollar. No illegal funds are being
sought.
Furthermore, the Turks and Caicos Islands has strict professional
and banking confidentiality laws, and the unauthorized disclosure of
confidential information is a criminal offence. Companies or international
business corporations incorporated in the Turks and Caicos Islands are
automatically exempted from future taxation for a period of twenty years.
Through
Barnett and Associates, you can acquire a bank charter license in Turks &
Caicos Islands or form an offshore company for the purpose of creating a tax
shelter. With over 20 years of
experience here in the Turks & Caicos, Barnett and Associates places at your disposal the legal
expertise, the support structure, and all other resources necessary of the
highest standard of legal work.