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Dominica is a reputable Caribbean offshore jurisdiction governed by the International Business Companies Act, offering a highly attractive combination of tax exemption, strong confidentiality protections, and a flexible corporate framework for international business activities. A Dominica IBC is granted a statutory tax exemption for a period of 20 years from the date of incorporation, covering all income, dividends, capital gains, and interest derived from sources outside the Commonwealth of Dominica.
The jurisdiction offers bearer shares and no-par-value shares, strong privacy protections with no public register of directors or shareholders, and a low minimum share capital of USD 100. Neptune Fiduciaries helps clients form their Dominica IBC within one to two business days, managing all required documentation and ensuring ongoing compliance support.
| Key Component | Description |
|---|---|
| Directors | Minimum of one director required No local director required Corporate directors permitted Director can also be the shareholder |
| Shareholders | Minimum of one shareholder required No local requirement Corporate shareholders allowed Shareholder can also be the director |
| Public Accessible Records | No public register of directors or shareholders |
| Registered Office in Dominica | Yes, required |
| Physical Presence | No requirement |
| Taxation | Tax exempt for 20 years from date of incorporation No corporate tax on income earned outside Dominica |
| Share Capital | Minimum paid-up capital of USD 100 Bearer shares and no-par-value shares permitted Any currency accepted |
| Duration for Incorporation | 1 to 2 Business Days |
| Accounts and Returns | Accounts must be prepared but not filed publicly No audit requirement No annual return filing required |
| Migration of Domicile | Permitted |
| Nominee Services | Available |
| Banking | Yes, can secure international banking |
| Meetings | Can be conducted anywhere in the world |
| Requirements for Incorporation | Proof of Address Passport Copy (Certified as True Copy of the Original) |
For further details, please contact Neptune Fiduciaries via email info@neptunecorporate.com or sales@neptunecorporate.com or visit our contact page.
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