{"id":7170,"date":"2025-10-05T07:27:10","date_gmt":"2025-10-05T07:27:10","guid":{"rendered":"http:\/\/erinpatrickdesigns.com\/moftcig\/?p=7170"},"modified":"2026-01-19T20:14:54","modified_gmt":"2026-01-19T20:14:54","slug":"moratorium-on-issuance-of-new-business-licenses-in-the-contractors-category-by-cabinet","status":"publish","type":"post","link":"https:\/\/erinpatrickdesigns.com\/moftcig\/moratorium-on-issuance-of-new-business-licenses-in-the-contractors-category-by-cabinet\/","title":{"rendered":"Moratorium On Issuance Of New Business Licenses In The Contractor&#8217;s Category By Cabinet"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"7170\" class=\"elementor elementor-7170\">\n\t\t\t\t<div class=\"elementor-element elementor-element-674f1233 e-flex e-con-boxed e-con e-parent\" data-id=\"674f1233\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-450fdf9f elementor-widget elementor-widget-text-editor\" data-id=\"450fdf9f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p style=\"font-weight: 400;\"><strong><em>Providenciales, Turks and Caicos Islands \u2013 Friday, 4th April 2025: <\/em><\/strong>The Inland Revenue Department (IRD) in the Ministry of Finance, Investment &amp; Trade wishes to inform the business community that the moratorium on the issuance of new contractor\u2019s licenses commenced on March 21, 2025. <strong>This moratorium will remain in effect until <\/strong><strong>September 21, 2025<\/strong>,\u00a0to allow for a thorough review and assessment of the contractor\u2019s licensing category.<\/p><p><strong>This temporary moratorium applies to applications from the following entities:<\/strong><\/p><ul><li><strong>Companies:<\/strong>Where a non-Turks and Caicos Islander or non-Turks and Caicos Islander associate company holds any percentage of shares in the company.<\/li><\/ul><ul><li><strong>Partnerships:<\/strong>\u00a0Where one (1) of the partners is a non-Turks and Caicos Islander.<\/li><\/ul><ul><li><strong>Sole Traders: <\/strong>In cases where the individual is a non-Turks and Caicos Islander.<\/li><\/ul><p>The goal of the moratorium is to evaluate the overall structure of the sector while ensuring a thorough and effective process for granting contractors\u2019\u00a0licenses.<\/p><p>License holders and applicants seeking to submit applications or renewals are encouraged to visit the Inland Revenue Department at their offices in Grand Turk or Providenciales. Additionally, applicants may visit the District Commissioner\u2019s Offices in the Family Islands to complete and submit their applications\/renewal forms.<\/p><p>For more information regarding the application or renewal process, please visit the Inland Revenue Department\u2019s website at <strong><a href=\"https:\/\/www.gov.tc\/revenue\/\">https:\/\/www.gov.tc\/revenue\/<\/a> <\/strong>or contact one of the IRD offices located in Grand Turk, Providenciales, or the District Commissioner\u2019s Offices in the Family Islands.<\/p><p>The IRD appreciates the cooperation of the business community during this review period and remains committed to improving the licensing process for contractors in the Turks and Caicos Islands.<\/p><p><strong>ENDS<\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Providenciales, Turks and Caicos Islands \u2013 Friday, 4th April 2025: The Inland Revenue Department (IRD) in the Ministry of Finance, Investment &amp; Trade wishes to inform the business community that the moratorium on the issuance of new contractor\u2019s licenses commenced on March 21, 2025. This moratorium will remain in effect until September 21, 2025,\u00a0to allow [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7717,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/posts\/7170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/comments?post=7170"}],"version-history":[{"count":5,"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/posts\/7170\/revisions"}],"predecessor-version":[{"id":7176,"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/posts\/7170\/revisions\/7176"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/media\/7717"}],"wp:attachment":[{"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/media?parent=7170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/categories?post=7170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erinpatrickdesigns.com\/moftcig\/wp-json\/wp\/v2\/tags?post=7170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}