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.
Dominica is the largest and most northerly of the Windward Islands. The island faces the Atlantic Ocean to the east and the Caribbean Sea to the west.
Key Corporate Features
General |
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| 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 |
| Usual authorised: | US$100,000 |
Directors |
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| Minimum number: | One |
| Local required: | No |
| Publicly accessible records: | No |
| Location of meetings: | Anywhere |
Shareholders |
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| Minimum number: | One |
| Publicly accessible records: | No |
| Location of meetings: | Anywhere |
Company Secretary |
|
| Required: | No requirement |
| Local or qualified: | No |
Accounts |
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| Requirement to prepare: | Yes |
| Audit requirements: | No |
| Requirement to file accounts: | No |
| Publicly accessible accounts: | No |
Other |
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| Requirement to file annual return: | No |
| Change in domicile permitted: | Yes |
