Dominica IBC Company

About that Country :

The Commonwealth of Dominica, is an island country located in the Caribbean Sea. The Dominica has a wide range of offshore services and with the passing of The International Business Companies (IBC) Act in 1996 it has become an attractive location for offshore company formations.
With swift incorporation procedures and low formation fees, the Dominica IBC offers great flexibility, from choices of business structure, fully exempt tax status and low annual licensing fees.

Why form an IBC in Dominica ?

No currency or capital controls

Minimum Disclosure

English Common Law System

Limited Personal Liability

Modern company laws and procedures

Zero Tax

Corporate Directors Permitted

Migration of domicile permitted

Corporate directors and shareholders are permitted

Asset Protection

No requirements for Annual General Meetings

Dominica IBC Company Registration Requirements :

The Commonwealth of Dominica offers a very simple and fast incorporation. A few of the requirements are the Name of the company to be incorporated, a physical address, certified copies of valid passports or national ID cards, such as those issued in the European Union. These need to be certified by either a Notary Public, Bank or by the issuing country’s Embassy. A Police Clearance Certificate is also be required.

Government Fees and Taxation :
Government Fees :
Minimum Government Formation Charge
$405 USD
Recurring Minimum Annual Company License Fee
$405 USD
Annual Return Filing Fee
Not Applicable
Corporate Tax :
Corporation Tax
20 Year Exemption
Access to Double Taxation Treaties
No

All Dominica International Business Companies are exempt from taxes for a minimum period of 20 years.

Company Accounts and Filing :
Company Accounts :
Requirements To Prepare
Yes
Audit Required
No
Keep Financial Records
No
Requirement To File Accounts
No
Requirement to File Annual Return
No
Accounts Publicly Accessible
No

Company Formation : Starts $1500