The Revenue Department would like to remind the business community that the extension Business Licence Renewal Period for 2022/23 is nearing its end.  Payment for renewal must be made on or before Thursday, June 30th, 2022 to avoid penalties of 10% per month.

Similarly, June 30^th, 2022 marks the end of the Amnesty which permits licence holders who have accrued penalties on licenses which were not renewed for the fiscal years 2018/2019, 2019/2020, 2020/2021 and 2021/2022 to contact the Department to receive a waiver. Failure to take advantage of the Amnesty period will result in the penalties being reinstated and will once again become due and payable as of 1st July, 2022.

Businesses that have ceased to operate and held a Business Licence are encouraged to notify the Inland Revenue Department immediately of such change in order to avoid penalties.  All businesses that made or are making changes to their business structure, location, etc. must give written notice to the Inland Revenue Department.

Business License applicants are reminded and advised that a paid receipt is not proof of licensing and approval must first be obtained through the Inland Revenue Department in the form of the prescribed Business License Certificate. 

For more information, please visit the Inland Revenue Department’s Website at www.gov.tc/revenue or visit our offices in Grand Turk, Providenciales, or the District Commissioner’s Offices in any of the family Islands.

License holders and applicants can visit the Inland Revenue Department at their offices in Grand Turk, Providenciales, or the District Commissioner’s Offices in the family Islands to complete and submit applications/renewal forms. Alternatively, licence holders can utilize the E-Services platform to submit applications or renew their business licence. The E-Services platform can be accessed via the following website: https://busreg.gov.tc/busreg/   or at http://www.gov.tc/revenue.

MINISTRY OF FINANCE, INVESTMENT & TRADE

BUTTERFIELD SQUARE, PARADE AVENUE,

DOWNTOWN, PROVIDENCIALES,

TURKS & CAICOS ISLANDS

www.gov.tc/revenue

MINISTRY OF FINANCE, INVESTMENT & TRADE PLACES A CONDITIONAL MORATORIUM ON THE ISSUANCE OF BUSINESS LICENSES IN THE CONTRACTORS CATEGORY 

The Turks & Caicos Islands Government in an effort to undertake a comprehensive assessment of the contractors licensing category, has placed a six (6) month moratorium on the issuance of all new business license in the contractor category where the applicant is a non- Turks & Caicos Islander or in the case of a partnership or company where any shares are held by a non-Turks and Caicos Islander. 

Does this apply to renewals?

No, the moratorium does not apply to existing license holders only new applications.

Can I apply for a new license in this category?

Yes, however this is limited to Turks & Caicos Islander Status Holders only. In the case of a partnership all partners must be Turks & Caicos Islander Status Holder. Companies must also demonstrate that all shareholders in the company are Turks & Caicos Islander Status Holders.

License holders and applicants can visit the Inland Revenue Department at their offices in Grand Turk, Providenciales, or the District Commissioner’s Offices in the family Islands to complete and submit applications/renewal forms. Alternatively, licence holders can utilize the E-Services platform to submit applications or renew their business licence. The E-Services platform can be accessed via the following website: https://busreg.gov.tc/busreg/   or at http://www.gov.tc/revenue.

For more information on the application/renewal process, please visit the Inland Revenue Department at www.gov.tc/revenue or one of their offices in Grand Turk, Providenciales, or the District Commissioner’s Offices in the Family Islands.

PUBLIC NOTICE

‘Business Licence Amnesty Period for the Waiver of Penalties’

The Inland Revenue Department (IRD) within the Ministry of Finance, Investment & Trade would like to inform the public that the House of Assembly at its sitting on 28^th March, 2022 passed the Business Licensing (Fees and Penalties) (Amnesty) Ordinance 2022 (hereinafter the Ordinance).  

The Ordinance permits licence holders who have accrued penalties on licences that were not renewed for the periods:

• 2018/2019;
• 2019/2020;
• 2020/2021; and
• 2021/2022.

to benefit from a waiver. In order to qualify for the waiver, the outstanding fees are to be paid before the end of the Amnesty period which is from 1^st April, 2022 to 30^th June, 2022. Should the fees not be paid during the Amnesty period, the penalties will be revived and will once again become due and payable as of 1^st July, 2022.

Licensees interested in benefitting from the Amnesty Waiver should visit the IRD at our offices in Grand Turk, Providenciales, or the District Commissioner’s Offices in the family Islands to make arrangements for payment commencing April 1^st 2022. Alternatively, contact can be made with the Compliance & Enforcement division via email using This email address is being protected from spambots. You need JavaScript enabled to view it..

Unfortunately, the E-Services platform cannot be used to facilitate renewals for those licensees that wish to benefit from the Amnesty Waiver. Applications for renewals and other information on the requirements for renewals under the Amnesty Waiver programme can be found on the IRD’s website: www.gov.tc/revenue or  alternatively inquiries can be made directly to the Compliance & Enforcement division via email using This email address is being protected from spambots. You need JavaScript enabled to view it..

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Inland Revenue Department

Butterfield Square                                                                                                                           Hibiscus Square

Providenciales                                                                                                                                 Grand Turk

Tel: 649-338-5234                                                                                                                        Tel: 649-338-2061

RD Website: http://gov.tc/revenue                                    BUSLIC E-Services Website: https://busreg.gov.tc/Busreg/

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.         Facebook: TCIRevenuedepartment         Instagram: @tcirevenuedepartment

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