Registration of companies in Dominica
from 1575 c.u.
Commonwealth of Dominica, Dominica is a state on the island of the same name in the Caribbean. Dominica gained independence from Great Britain in 1978. The official document language is English.
Dominica is quite active internationally and is a member of various organizations: the UN, the Commonwealth of Nations and others.
In addition to the paradise climate and incredible landscapes, Dominica is distinguished by stable economic development, which is growing from year to year due to various government programs to stimulate the economy and various sectors of economic activity.
Thus, there is a simplified procedure for obtaining citizenship, which attracts foreign investors and entrepreneurs.
MAIN ADVANTAGES OF REGISTRATION OF AN OFFSHORE COMPANY
- the process is simplified as much as possible
- grace period for the company when it is exempt from taxes
- there are no reporting requirements
- confidentiality is ensured at the legislative level
- audit is optional
TYPES OF COMPANIES
The legislation of the jurisdiction offers a number of different forms of ownership, however, the most common is IBC (International Business Company).
PECULIARITIES OF AN OFFSHORE COMPANY IN DOMINICA
- Management is carried out by one person
- Shares can be issued
- Share capital can be declared in any currency
- Complete anonymity
- Company can have an office in Dominica
- Bank account may be opened in any country, including in the jurisdiction itself
- Lack of currency control
- Profits are not taxed
Today, registering a company in Dominica, just like buying an existing one, is easier than ever. Our experts will help you understand the intricacies of doing business in this jurisdiction. Call us and we will answer all your questions.
