Company registration in Dominica

Name of service Bronze Silver Gold Platinum
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Set of constituent documents Preparation of a complete package of constituent documents of a company of any form of ownership
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
1 year nominee director services Necessary to keep incognito the real owner of the company. He has limited powers and acts according to the decisions of the actual owner
Nominee shareholder services for 1 year If there is no possibility or necessity to involve real shareholders, we will provide a nominee shareholder service for registration and operation of the relevant company
Support in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Support in opening a personal account Collecting, preparing and submitting the necessary documents for opening a personal account
Total cost
950 USD 1350 USD 1350 USD On request
Annual renewal (paid from the second year)
950 USD 1100 USD 1100 USD 1100 USD

Deal of the month

If you will register a company until 31 January,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Dominica is a jurisdiction that offers favourable conditions for opening offshore companies, banks, and providing financial services. Businessmen who are going to operate worldwide may find an option of establishing a company in Dominica especially suitable.

Major Forms of Legal and Business Presence in Dominica

If you assess an opportunity of becoming present in Dominica, you may actually arrange your business activities in one of the next forms:

  • International Business Company (Offshore) - a vehicle that can be established even by one person (natural or legal) of any nationality to operate through Dominica. The authorized share capital in the amount of USD100 is required in this case without any obligations of its repayment at the moment of incorporation.
  • Private Limited Company - an entity that can be incorporated even by one person (natural or legal) of any nationality. The liability, in this case, is limited to the amount of the contribution made. Any requirements for the statutory capital formation are absent. Still, for certain types of regulated activities, like banking, the exact amount of the share capital may be required.
  • Public Limited Company - a vehicle designed mostly for involving extra financing that can be incorporated by a person of any nationality (natural or legal) whose liability is limited to the amount of the contribution made. There are no general requirements for the share capital in this case too. Still, there are more complicated demands for the company’s management and reporting.
  • Branch - an option that enables foreign companies to establish their presence in Dominica and conduct there the same types of activities as abroad.

Registration Requirements and Steps

Opening a company in Dominica may require passing these preliminary registration steps:

  1. Clarifying your business objectives.
  2. Choosing and verifying a business name for a future entity.
  3. Collecting the data about founders, beneficial owners, and the management of a future entity.
  4. Drafting and formalizing statutory documents.
  5. Actually providing the registration of a new company.
  6. Registration for tax and social security purposes.
  7. Obtaining additional licenses and permits (required for certain types of activities, like banking, financial services).

The actual registration process may vary depending on the exact conditions of running a business.

Legal and Regulatory Framework

The local legal framework is generally favourable for international business. The legislation of Dominica is based on British common law. The major legal acts regulating the process of establishing and running a business are the Companies Act and the International Business Companies Act. The major regulatory bodies are the Companies and Intellectual Property Office, the Ministry of Finance and Investment.

Advantages of the Jurisdiction

If you intend to create a company in Dominica, you may potentially enjoy these benefits the jurisdiction offers:

  • Moderate costs for the company incorporation and maintenance
  • Political and economic stability
  • Confidentiality of corporate details
  • Ensuring the safety of holding assets
  • No requirements for compulsory audit
  • Advantageous tax system.

Tax System of Dominica

If you evaluate an option of establishing a company in Dominica, you may need to be aware of the next tax highlights:

  • Corporate income tax rate - 25%
  • Personal income tax rate - 15-35% (depending on the income)
  • VAT rate - 15%
  • Withholding tax rate (dividends/interest/royalties) - 15%
  • Capital gains tax rate - not applicable

Offshore vehicles are tax exempted in Dominica for twenty years.

How Aotopay Specialists May Help You

If you want to incorporate a company in Dominica, Aotopay specialists may consult you on whether this can be potentially profitable in your concrete case and offer you alternative suggestions. Reach us shortly for more precise discussions on the matter.

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