Type of Business Entity |
International Business Company (IBC) |
---|---|
Governed by |
International Business Companies Act of 1996 Companies Act 1994 Offshore Banking Act of 1996 |
Presence of Registered Office |
Yes |
Availability of Shelf Company |
Yes |
Access to Double Taxation Treaties |
No |
Allowance of Publicly Accessible Records |
No |
Allowance of Corporate Directorship |
Yes |
Mandatory of holding a Company Secretary |
No |
Mandatory preparation of business accounts |
Yes |
Mandatory of Audit Requirements |
No |
Permission of Migration of Domicile |
Yes |
Offshore savings and investments
Manufacturing
Transportation
E-Commerce
Professional Service Company
Trade and Distribution
Forex and Stock Trading
The minimum requirement of the shareholder for Dominica offshore company incorporation is one.
The minimum paid-up share capital required to form a Dominica Offshore company is US$ 100.
No, the offshore business entity in Dominica can’t hold any property in the region.
According to Section 112 of the IBC Act, revealing the offshore company information in Dominica would fetch-in a penalty of US$ 25,000.00.
Yes, the shareholder can be the director of the offshore business entity in Dominica.
Yes, bearer shares are allowed for the offshore business entities set up in Dominica.
*Duration is subject to the constraints of the due diligence procedure.
**The required documents must be provided for every individual related to the company.
Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.