Dominica 

Geographically, Dominica is distinctive in many ways. The country has one of the most rugged landscapes in the Caribbean, covered by a largely unexploited, multi-layered rain forest. It is also among the earth's most rain-drenched lands, and the water runoff forms cascading rivers and natural pools. The island is home to rare species of wildlife and is considered by many as a beautiful, unspoiled tropical preserve. According to a popular West Indian belief, Dominica is the only New World territory that Columbus would still recognize.


Key Corporate Features

General

Type of entity: IBC
Type of law: Common
Shelf Companies Available: Yes
Time to establish a new company: 3 days
Minimum government fees (excluding taxation): US$150
Corporate taxation: Nil (Exempt for 20 Years)
Double taxation treaty access: No

Share capital or equivalent

Standard currency: US$
Permitted currencies: Any
Minimum paid up: US$1
Usually authorized capital: US$100,000

Directors

Minimum number: One
Local required: No
Publicly accessible records: No
Location of meetings: Anywhere

Shareholders

Minimum number: One
Publicly accessible records: No
Location of meetings: Anywhere

Company Secretary

Required: Optional

Accounts

Requirement to prepare: Yes
Audit requirements: No
Requirement to file accounts: No
Publicly accessible accounts: No

Other

Requirement to file annual return: No
Change in domicile permitted: Yes

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