31 Jul 2019

Commercial real estate in Turks and Caicos Islands

By Owen Foley and Karen Willis Misick & Stanbrook partners, Owen Foley and Karen Willis, have co-authored the commercial real estate in Turks and Caicos Islands: overview published by Thomson Reuters Practical Law. The article provides an overview of corporate real estate market trends; investment structures; legislation; title; sale of real estate; due diligence; warranties; real estate tax, restrictions on foreign ownership; real estate finance; leases and planning law. Please Click Here for article. https://uk.practicallaw.thomsonreuters.com/1-623-5718 This note …

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18 Jul 2019

Doing Business In… 2019

By Owen Foley and Karen Willis An introduction and overview of doing business in the Turks & Caicos Islands; covering corporate structures, employment and IP. Please Click Here for PDF file or Click Here for website link to article. This note is for guidance purposes only and should not be relied on as legal advice in any specific case.  If you have specific questions about your circumstances, please contact your Misick & Stanbrook professional.

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25 Mar 2019

Immigration laws of the Turks and Caicos Islands

By Gordon W. Kerr & Marsha Blanche  Whether you are a visitor to or wish to reside more permanently in the Turks and Caicos Islands (“TCIs”) you will be required to comply with the relevant statutes governing immigration and status. The two laws (Ordinances) that are applicable are the Immigration Ordinance 2015 and (for those that qualify) the Turks and Caicos Islander Status Ordinance 2015. With the exception of persons travelling from countries that require …

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19 Feb 2019

TCI INTRODUCES NEW SERVICE CHARGE REGIME FOR HOTELS AND RESTAURANTS

Client update TCI INTRODUCES NEW SERVICE CHARGE REGIME FOR HOTELS AND RESTAURANTS Who should read this? Owners and operators of TCI hotels, villas rented on a short-term basis and restaurants, and their staff. Why should I read it? Because the TCI Government has introduced a whole new service charge regime, and if you don’t comply with it, there will be trouble ahead. When does this come into effect? 8th February 2019. Who does this apply …

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19 Jan 2019

New “Economic Substance” legislation to have significant effect on TCI entities

What’s this all about? The European Union (“EU”) has long been concerned at loss of tax revenue to its member states through the use of companies and other entities in low or zero-tax jurisdictions that occurs by enabling profits to be shifted to the low tax jurisdiction, from the EU member state in which they were generated.  As a result of this, the EU believes that its member states are losing very significant tax revenue.  …

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7 Nov 2017

Trust

The concept of trust, developed over centuries under English law, is an invaluable device for international estate and tax planning for affluent individuals. We frequently advise on the offshore aspect of international trust structures for high-net-worth individuals and their onshore advisers and our trusts team has considerable experience in the drafting of the trust deeds and related documentation. Our services include advising trustees, protectors, and beneficiaries on their rights and obligations under TCI trusts. Our …

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7 Nov 2017

Judicial Review and Constitutional Law

The principles of administrative and constitutional law govern the manner in which government interacts with its citizens, both individual and corporate. They exist to ensure that the powers of government are exercised solely within legal bounds. Judicial Review applies to the judicial challenge of decisions taken by public bodies such as government departments, and regulatory bodies and also to quasi-public bodies exercising public functions. Our Team of Lawyers advises individuals, companies, and organizations on how …

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7 Nov 2017

Media & Telecommunications Law

The firm advises international telecommunication providers in regard to their TCI domestic operations, financing and licensing and also regularly co-counsels with other international counsel in this area. This also includes cable and cellular networks, internet, radio broadcast, and radio frequency licensing (commercial and non-commercial) and media production. As TCI has no direct taxation, the fiscal advantage of location in TCI where business permits are attractive. The TCI Government is also keen to establish e-commerce companies …

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7 Nov 2017

Public International Law

Public International Law is a significant feature in international commerce and may concern, for example, natural resource development, infrastructure programs or project financing. Public International Law includes all aspects of state responsibility, the law of treaties (including extradition), international human rights law, investment protection disputes including investor-State disputes, questions of immunity and matters involving the law of the sea. Our specialist public law lawyers have appeared before the Privy Council, and international arbitral tribunals in …

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7 Nov 2017

Real Estate

We are a leading provider of real estate and real estate development legal services in the Turks and Caicos Islands. Our team brings years of experience in providing legal services to commercial and residential clients in a wide variety of real estate transactions. We have acted for a number of developers of condominiums, hotels, timeshare and commercial developments throughout the islands. We also serve a large number of private individuals in purchases and sales of …

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