Offshore Company Formation Dominica

Gereral Information about Dominica

The Commonwealth of Dominica is situate in the Eastern Caribbean at 15 deg.North 61 deg. West between Martinique to the north and Guadeloupe to the south. It covers an area of 754 sq. km. of which about two thirds is tropical forest. The population is about 72,000 and the capital is Roseau. The main industry is agriculture. The tourist industry is small compared with other territories in the region. The currency is the Eastern Caribbean dollar.

Dominica companies and taxation

There is a small financial services industry and offshore companies (IBC's) are incorporated under the International Business Companies Act 2006. An IBC receives guaranteed tax exemption for a minimum of twenty years. It may not do business in Dominica.

Dominica offshore company regulations
Type of entity	IBC
Type of law	International Business Companies Act 1996
Corporate taxation	Nil, guaranteed for 20 years
Double taxation treaties available	No
Share Capital
Usual currency	U.S. $
Permitted currencies	Any
Minimum paid up	$ 1
Usual authorised	Any
No par value shares permitted	Yes
Foreign ownership permitted	100%
Directors
Minimum number	1
Corporate Directors permitted	Yes
Local resident required	No
Records publicly available	No
Location of Meetings	Anywhere
Shareholders / Members
Minimum number	1
Records publicly available	No
Location of Meetings	Anywhere
Bearer shares permitted	Yes-must be kept in Dominica
Disclosure of Beneficial ownership	No
Company Secretary
Required	No
Registered Agent
Required	Yes
Accounts
Required	Yes
Audit required	No
Filing required	No
Publicly available	No
Other
Annual return required	No
Change of domicile permitted	Yes

Why not talk to us about forming an offshore company in Dominica? Call +353 1 431 9663 or Click Here to contact us.

Offshore Company Formation Dominica

Share Capital

Directors

Shareholders / Members

Company Secretary

Registered Agent

Accounts

Other