MiSickStanBrook.tc

Title

Misick and Stanbrook, Turks and Caicos Islands Law Firms

Description

It is possible to establish a considerable variety of flexible and effective legal entities in the TCI for use in international transactions:

An exempted company (or IBC) is a company incorporated in the TCI but whose business is conducted mainly elsewhere. The opening of bank accounts in the TCI, the concluding of contracts within the TCI, and the exercising within the TCI of any of the company's powers in connection with its business carried on outside the TCI are permitted.

Companies incorporated elsewhere may migrate to and be continued in the TCI as exempted companies and similarly exempted companies may migrate to and be continued in other jurisdictions.

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