Dominica

TYPES OF COMPANY:

  • International Business Companies (IBCs),
  • Limited Liability Companies (LLC).
  • External Companies
  • Shareless or “non-profit company
#Title
Capital requirements: No minimum; No maximum
Annual fees: $650
Rate of Taxation: Not for IBCs or shareless companies. LLCs pay 30% corporate tax on net profits
How long to incorporate: one business day
No. of Directors needed: Minimum of one. May be foreign or local.
Disclosure required: Yes. For members of LLCs and beneficial owners of external companies.
Must check regulations for IBCs. Information may be shared with jurisdictions with
which there are mutual agreements.
Annual meetings: Annual Directors/Shareholders meetings required
Annual returns: Required with information on directors and members. Financial statements required with
information on directors or members. Must check regulations for IBCs.
Exchange controls: None

ADDITIONAL SERVICES

BANK ACCOUNT OPENING

NamePrice
Caribbean $500
Europe $800
Hong Kong $1,000