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Dominica as an off-shore Tax Haven
General Information about off-shore tax haven Dominica.
The off-shore tax haven Dominica is located in the Eastern part of the Caribbean Sea between two French islands – Martinique and Guadeloupe. Do not mistake it with the Dominican Republic. The population is 74,000. The official language is English.
The economy of off-shore tax haven Dominica is predominantly agricultural with a developing tourist industry.
Independence from the UK was gained in 1978. A Westminster style parliamentary democracy was adopted with parliamentary elections every 5 years.
The Commonwealth of Dominica is a member of the British Commonwealth with a President as Head of State, but executive power lies with the Prime Minister and his Cabinet of Ministers.
Off-shore tax haven Dominica has excellent communications provided by Cable and Wireless. Major carriers like British Airways, Virgin Atlantic, and Air France provide air services from Europe to Dominica through Barbados and the neighbouring islands.
The government of Dominica understands the importance of the off-shore tax haven sector. All necessary legislation has been adapted to encourage offshore investors. Overall, by choosing Dominica as your off-shore tax shelter, you choose stability for your investment, tax-free income and profits, and no exchange controls for the offshore IBC.
What makes Dominica an ideal off-shore Tax Haven?
- In this off-shore tax haven your IBC will be tax exempt for 20 years beginning from the day of incorporation
- Fast incorporation service in this particular off-shore tax haven (within one working day)
- No annual returns to file
- No annual audit
- The information on beneficial owners is kept in the Registered Agent Office and is not open to the general public
- Low annual maintenance fees in Dominica off-shore tax haven
- Wide choice of names is still available in this off-shore tax haven
- Bearer shares are available
- Nominee services are available and provided by our company
- Minimum of only one Director and Shareholder is required
- Corporate directors are permitted in Dominica off-shore tax haven
Restriction on Names and activities for an IBC incorporated in off-shore tax haven Dominica:
Names must end with one of the following words or abbreviations; Limited, Sociedad Anonima, Societe Anonyme, Corporation, Incorporated, PTY Ltd., GmbH, LLC, PLC, etc. All other abbreviations indicating limited liability are permitted.
The following words cannot be used: Assurance, Bank, Building Society, Chamber of Commerce, Chartered, Co-operative, Imperial, Insurance, Municipal, Royal, National and Dominica. In addition, names must not suggest a connection with any branch of the Government, a political party, a university or professional association.
Other Information:
An offshore IBC must maintain a registered office in off-shore tax haven Dominica and must appoint a registered agent, who is a resident of Dominica. All these services are provided by Offshore Tax Havens - Offshore Tax Shelters - Offshore Taxes Ltd.
A copy of the corporate documents such as the Certificate of Incorporation and The Memorandum & Articles of Association must also be kept at the registered office in the off-shore tax haven Dominica.
Note. Although off-shore incorporation in off-shore tax haven Dominica will be finished in one working day from the receipt of the application form and appropriate fee, please allow for an additional 2 to 5 working days for the delivery of the documents depending upon your location.
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