Turks and Caicos Islands
The Turks and Caicos Islands is a British Overseas Territory, consisting of forty islands and cays with only 8 of the islands and cays being inhabited.
The capital of the Turks and Caicos is Grand Turk, however, Providenciales where the majority of resorts are located on the number one beach in the world (Grace Bay) contributes the most the revenues of the country. There is a cruise port on the island of Providenciales.
The main sector for the Turks and Caicos is tourism which contribute more than 35% of the GDP. The total number of air and cruise passengers to the islands is approximately one (1) million tourists.
The next largest sector is the financial services which contribute 13% of the GDP.
The Turks and Caicos do not charge any income taxes or capital gain taxes and there are no currency controls.
While providing excellent services to local clients in Turks and Caicos, we simultaneously have the resources to extend services internationally.
Latest insights, case studies and news from across the network
HLB International Tax webinar EPS 10. Navigating the EU Mandatory Disclosure rules
In episode 10 of HLB’s International Tax webinar series, our HLB panelists will provide an overview of the EU’s Mandatory Disclosure rules and the potential impact on global businesses.
HLB Cross-Border Business Talks Podcast Series
An HLB podcast series in which we share our insights and ideas, and welcome guest speakers to keep you informed on cross-border business topics. We provide bite-size analysis on today’s...
People, Environment & Technology: A Three-Pronged Approach to Reducing Cybersecurity Risk
With the number cyberattacks increasing across the globe, the best practice to reducing cybersecurity risk is a three-pronged approach: People, Environment and Technology.
Get in touch
Whatever your question our global team will point you in the right directionStart the conversation