Dominica Company

Dominica IBC


	All inclusive — Dominica IBC — Package #1 (without Nominee Director) — 1090 USD
	All inclusive — Dominica IBC — Package #2 (with Nominee Director) — 1390 USD

Dominica facts at a glance

Official Name	Commonwealth of Dominica
Capital	Roseau
Nationality	Dominican
Languages	English, French Creole is also spoken
Population	70,000
Ethnic Divisions	Primarily of African Descent, with a small number of Carib Indians and European descendants
Head of State	President, His Excellency Dr. Nicholas Liverpool.
Head of the Government	Prime Minister, Honorable Roosevelt Skerrit.
Ruling Party	Dominica Labour Party (DLP) in coalition with Dominica Freedom Party (DFP)
Next Election	by mid. 2014
Currency	Eastern Caribbean Dollar (EC$)
Exchange Rate	US$ 1.00 = EC$ 2.70
Time Zone	winter EST or GMT — 4, summer EST +1 or GMT — 5
Phone Code	Area code — 1, country code — 767, plus seven digit local number
Location	Eastern Caribbean, the most northerly and largest of Windward Islands, Atlantic Ocean; situated between Guadeloupe to the North, and Martinique to the South

In the offshore world Dominica provides the fastest Offshore Companies Registration. Offshore company formations in one of the best tax havens will only take you a couple of hours. Efficient systems and highly motivated individuals provide same day companies registration services to facilitate your swift engagement of this dynamic legal vehicle in your endeavor to achieve tax efficient business, offshore banking and investment operations.

The International Business Companies (IBC) Act, 1996, governs the operations of Dominica companies.

Dominica Company Formation Advantages :

One of the lowest annual fees;
No requirement to disclose the beneficial owners of a Dominica company to the registry;
Directors may be elected at the first company board meeting;
Dominica companies minimum share capital just US$ 100;
No limit on the amount of the share capital of Dominica company;
Registration and annual fees do not depend on the authorized share capital of the company;
Share capital can be formed in any recognizable currency;
Bearer shares are allowed;
Only one director and shareholder is required for Dominica company;
Corporate body can be director or shareholder of the company;
One person can be a director and a shareholder of the company;
There is no requirement for a secretary for the company;
There is no requirement for an annual audit;
No need to file accounts with the Registrar;
Confidentiality is guaranteed by law;
Register of directors' names is not filed with the Registrar;
An IBC may own or manage a vessel registered in Dominica;
Name and Incorporation Documents can be in any language, but an English translation is required;
One doesn't have to come to Dominica to register a company;
There are no international agreements on dual taxation.

Note: Law prohibits the usage of the words “Assurance”, “Bank”, “Building Society”, “Chamber of Commerce”, “Chartered”, “Cooperative”, “Imperial, Insurance”, “Trust”, “Municipal”, “Royal”, “National” or “Dominica”, or any word conveying a similar meaning in the name of your Dominica company.

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