Dominica

The Commonwealth of Dominica used to be a British colony, but gained independence in 1978 and became an independent parliamentary republic. Population – 72 162.

The legal system of Dominica is based on the English Common Law.

International Business Company (IBC), incorporated under the International Business Companies Act 1996, is a company that can conduct business in any part of the world except for the Dominica.

Tax Rate
IBCs are exempt from all taxes
Income (Corporate) tax0 %
Paid dividends0 %
Interest paid0 %
Royalties paid0 %
A fixed government fee is payable annually instead of taxes

Advantages 

  • Tax exempt
  • High confidentiality – no public records
  • Not required to prepare and submit financial statements
  • An IBC can be used for international trade, asset protection, as a holding company or an investment company, etc.

Disadvantages

  • Tax heaven jurisdiction
Name Must end with the words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or abbreviations “Ltd”, “Corp”, “Inc”, “S.A.”
Registration of company names that include the words ''Bank'', ''Insurance'', ''Trust'', ''Assurance'', ''Imperial'' etc. requires a special licence
Share capital The standard authorized share capital is USD 5000, no minimum paid-up capital requirements
Shareholders A minimum of one Shareholder, corporate Shareholders are allowed
Director A minimum of one Director, corporate Directors are allowed, any nationality
Registered Address Required
Registration Agent Required

Company formation packages Request package prices ⇒

Timeframe

Incorporation of a new company along with the preparation of apostilled documents 17 business days
A ready-made company, preparation of the transfer documents 3 business days

Annual support (beginning with the second year) Request price ⇒

Annual financial statement – not required

Ready made companies Request price ⇒

Information that has to be provided by the customer

Incorporation process is possible as soon as the Due Diligence procedure is completed. Please fill in and send us the Order form; immediately afterwards, we are going to send you the information on the document required within the boundaries of the Due Diligence procedure.

1. Consult to determine the order. To choose a jurisdiction for a company we offer a consulting services:

  • via telephone +(371) 67280645
  • via e-mail: consult@bbp-net.com
  • via online question form found in the header Ask an expert
  • Navigation through our web site will help you to determine: benefits, prices and requirements in respective jurisdiction

2. Complete an application form. After you have made your decision, please complete one of the online application forms:

3. Issue of invoice and settlement of order. Within one business day of filling in the online application form, you will receive an invoice via e-mail. You can pay the invoice using money transfer to the BBP bank account provided in the invoice or via Internet, using PayPal. We suggest using PayPal only in case the amount is less than 200 EUR.

ATTENTION! The invoice number should be written in the details of payment!

A payment acknowledgement will be sent to you as soon as we will receive the payment.

4. After we receive the required Due Diligence documents from you, we shall commence the incorporation or the preparation of the documents required in order to carry out the acquirement of a ready-made company.

5. Document delivery to the client. Documents are sent via international courier mail.

6. Further supporting services. We guarantee to inform, assist and provide you with all the necessary services for further support of the company.

Get acquainted with jurisdiction legislation free of charge!

Select one* legislative act that you would like to receive free of charge:


* Required fields

*Please note that we shall only provide one document for free. If you would like to receive more information please contact us!