Turks and Caicos

A territory of the United Kingdom, the Turks and Caicos are located in the West Indies in the Atlantic Ocean. Being that it is a territory of the UK, the official and most widely spoken language is English. The official currency is the U.S. dollar and the economy of the Turks and Caicos is heavily based upon tourism, offshore financial services, and fishing. The territory has a high unemployment rate and a high level of unskilled labor. The islands are trying to use this as an advantage to attract foreign hotel chains to increase its already large tourism industry.

 
Statutory Requirements

Required Shareholders: 1

Registered Agent: The Shareholder(s)

Number Directors Required: 1

Public Shares Required: 0

Permanent Director: No

Required Secretaries: 0

Permanent Secretary: No