Valsen Corporate

Turks and Caicos Islands LP

  • Exempted Limited Partnerships (“LPs”) in TCI are usually provided with a Guarantee of Exemption from Taxation in TCI for 50 years which makes them particularly attractive for individuals seeking security for the longer term (in the case of exempted companies the exemption lasts for 20 years). Turks and Caicos Limited Partnerships Key Features
    1. Limited Partnerships are partnerships in which there are one (1) or more general partners and one (1) or more limited partners.
    2. General partners may be personally responsible for any debt of the firm in the event assets are insufficient to make good any debts.
    3. Limited Partners are, generally, liable for their agreed investment in the firm and nothing more.
    Turks and Caicos Islands Limited Partnerships Legal Requirements

    Turks and Caicos Island LP

    Corporate Details

    General
    • Registered Office in Turks and Caicos Island

    Yes
    • Shelf company availability

    Yes

    Share capital or equivalent
    • Standard currency

    USD
    • Permitted currencies

    Any

    Directors | Officers | Partners
    • Minimum number

    1 Limited Partner and 1 General Partner
    • Maximum number

    None
    • Location of meetings

    No
    • Corporate Partnerships allowed

    Yes

    Company Secretary
    • Required

    No

    Accounts
    • Requirements to prepare

    Yes
    • Audit requirements

    No
    • Requirements to file accounts

    Yes
    Turks and Caicos Islands Tax Treatment Turks and Caicos Islands LP are Tax Exempt Turks and Caicos Islands Duration for set-up 2 Weeks Distinctive Benefits of the Turks and Caicos LP
    • Limiting liability;
    • Investing into the US (or other jurisdiction as may be applicable) without being deemed to be doing business there for tax purposes;
    • Avoiding corporation tax on dividend distributions made to US limited partners/investors;
    • Raising venture capital.
    • Holding real property or assets ;
    • Dissuading and deferring frivolous law-suits
    The Valsen Advantage
    1. End to end comprehensive service
    2. Speedy and efficient service
    3. Expert advice on structuring options
    4. Dedicated ongoing compliance support
    5. Extensive network pool of service providers