Incorporating in Turks & Caicos Islands

[Elwar]

From all of my research it appears that Turks & Caicos is very business friendly. I have been considering basing my online Bitcoin business out of there.

Does anyone know of any difficulties I might face? Will they have any issues with a Bitcoin business?

There will be no fiat money involved in the business, everything will be in bitcoins. I just want to find out first if there have been any moves there to outlaw Bitcoin businesses (though I doubt they would since they seem very open to businesses).

[bassjoe]

It depends on what sort of business you want to do. If it's something that will be illegal in the United States and you intend to have US customers, then that will be problematic wherever you incorporate.

If it's to incorporate in a tax haven, meh, go for it as long as you have an accountant versed in these matters help you out.

[jadescorpio]

Can you tell more about you research?