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offshore solutions since 1988

 

COMMONWEALTH  OF  DOMINICA
 

 

Dominica has a reputation of a young but respectable offshore center.

Geographically located in the center of the chain of small Caribbean islands, it confidently marches in the direction to gain the same position in the offshore industry.

 

Government of Dominica clearly understands that security and privacy are the rights of the individual and that this position is a key factor to success and prosperity of Dominica as an offshore center for reliable investors and businessmen.

 

Dominica aims to offer a wide range of well administered and regulated offshore services which will make the jurisdiction a truly one stop shop for international investors. 

The most attractive offshore product that Dominica offers to the international market is its IBC (International Business Company) – offshore company. Dominica’s offshore industry is only 5 years old but more than 8,000 offshore companies have been registered and each year this number grows.

Based on the newly adopted legislation, while using modern sources of communication Offshore Company – IBC in Dominica can be registered within one working day, but not longer than 24 hours. 

 Advantages

  • Only one director required;

  • Corporate body can be Director and Shareholder of the Company;

  • One person or corporate body can be both, director and shareholder;

  • There is no requirement of the secretary of the company;

  • Barer Shares available;

  • No limitation of the amount of share capital of the company;

  • Registration and annual fees do not depend on the amount of the share capital;

  • Annual Government fee for the tax exemption is due to be paid at the date
    of incorporation of the company;

  • Share capital can be formed and registered in any recognizable currency;

  • There is no requirement of the annual audit of the company;

  • Name and Incorporation Documents can be in any language, but English
    translation required;

  • Tax exemption for 20 years;

  • Annual meetings of shareholders and directors of the company (if more than one)  
    could be held any where in the world. There is no requirement of personal meetings,
    you can do it with the electronic sources of communication;

Fee Schedule

 IBC

 Incorporation    (including Gov. Fees)

  US$ 475.00

 Registered Agent and Office

  US$ 290.00

 Certificate of Good Standing 

  US$ 150.00

 Bearer Shares

  US$ 300.00

 Apostille

  US$   50.00

 Notarized copy of the documents 

  US$   75.00

Second Year

 Governmental fees

  US$ 300.00

 Registered Agent and Office

  US$ 190.00

 Certificate of Good Standing  

  US$ 100.00

General

  • 290 sq. mi. (753 sq. km.)

  • Population: 85,000

  • Capital: Roseau, population: 21,000

  • Language: English + French patois (Creole)

  • Money: EC$ 2,7 = US$ 1 (approx.)

  • Member of the United Nations

  • Member of the British Commonwealth and CARICOM

  • Member of the OECS (Organization of Eastern Caribbean States)

  • Independent: 21 years (former British colony)

  • Head of the State: President

  • Head of the Government: Prime Minister

Terms

All required documents of the company could be mailed to you next working day after the provision of all necessary information and receiving of the correspondent amount of money.

  fax: +1 917 4648381, +44 870 1387648, +385 51 214355

email: info@offshoregate.com