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100% Tax-Free Offshore Corporations in Dominica
| 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. 2010 |
| 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.
Advantages of Company Formation in Dominica:
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One of the lowest annual fees;
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no requirement to disclose the beneficial owners of an IBC to the registry;
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directors may be elected at the first company board meeting;
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minimum share capital just US$ 100;
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no limitation on the amount of the share capital;
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registration and annual fees do not depend on the nominated share capital of the company;
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share capital can be formed in any recognizable currency;
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bearer shares are allowed;
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only one director and shareholder is required;
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corporate body can be director or shareholder of the company;
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one person can be a director and a shareholder of the company;
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there is no requirement for a secretary to the company;
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there is no requirement for an annual audit;
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no need to file accounts with the Registrar;
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confidentiality is guaranteed by law;
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register of directors' names are not filed with the Registrar;
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an IBC may own or manage a vessel registered in Dominica;
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Name and Incorporation Documents can be in any language, but an English translation is required;
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One doesn't have to come to Dominica to register a company;
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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 offshore company.
Check our Fees & Packages Check or GO to Incorporate Now!
IBC Formation in Dominica - Online Application Form
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All inclusive -