14 Sep 2014

DATA PROTECTION IN TCI

Aside from a passing reference to data protection in the Electronic Transactions Ordinance (see below), TCI has no data protection statute. However, a number of other areas of local law are applicable or, in the context of the advice sought, ought to be considered in relation to data protection, confidentiality, and privacy matters. In that respect:- a. Data protection, privacy, and confidentiality at common law TCI is a British Overseas Territory and is a common …

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28 Oct 2013

MISICK & STANBROOK ATTENDS TERRALEX CONFERENCE IN PARIS

Misick & Stanbrook were delighted to send along one of their partners, Alexander Heylin, to the annual TerraLex Conference in Paris which took place last month from 25th to 28th September 2013. The host firm PDGB put on a fantastic event and TerraLex has several hundred delegates from member law firms from all over the world. TerraLex membership provides Misick & Stanbrook with the opportunity to have connections with top rated firms in most global …

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25 Oct 2013

CHANGES TO TCI IMMIGRATION LAW TO BE IMPLEMENTED

On 1st November 2013, an amendment of the Immigration Regulations is to come into force which mainly impacts on the cost of working and residing in the TCI. It is important for individuals as well as businesses to be aware of the changes which will be brought in by virtue of the Immigration (Amendment No. 2) Regulation 2013. The changes include: Applications for the renewal of work permits to be filed at least 30 days …

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25 Feb 2013

ESTABLISHING A TCI LEGAL ENTITY

There are several TCI legal entities regularly established for carrying out business either internationally or domestically. The registration process of these entities is comparatively straightforward and can usually be completed for a fixed cost and within a short timeframe and are often attractive options in TCI as an offshore financial centre with no corporate or personal income tax. In terms of international business, a TCI Exempted Company (or IBC) is a company incorporated in TCI …

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25 Feb 2013

Corporate governance in the Turks & Caicos Islands

Global-Corporate-Governance

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25 Feb 2013

A PLACE IN THE SUN: TCI RESIDENCY FOR THE AFFLUENT EXPATRIATE

INTRODUCTION Almost a decade ago, the then US vice-president Al Gore spoke, rather fancifully it seemed at the time, of the coming “information superhighway”. The term already sounds old-fashioned: it has a 90s ring to it, and nothing dates as much as the recent past. Nevertheless, it is undeniable that Mr. Gore’s superhighway has come about and that the vehicles of international trade and commerce are racing along it at an ever-quicker pace. One of …

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