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Frequently Asked Questions about Dominica

The following are some of the most frequently asked questions about Dominica Company Formation:

Is it easy to open a corporate bank account in Dominica?

Am I required to visit Dominica to incorporate a company there?

What is the minimum number of directors required for a Dominican company?

Is a resident director required?

What is the minimum number of shareholders required for a Dominican company?

Are shareholder/director details available for public viewing?

What are the minimum capital requirements for a Dominican company?

What is the problem of setting up a Dominican company?

Is a Dominica company required to submit an annual return and/or financial statements?

How much tax does a Dominica company pay?

Is it easy to open a corporate bank account in Dominica?
Healy Consultants can open a corporate bank account with internationally recognized banks to support Dominican company formation.

Am I required to visit Dominica to incorporate a company there?
No. Healy Consultants can legally incorporate your Dominican company without you needing to travel.

What is the minimum number of directors required for a Dominican company?
A Dominican company needs a minimum of one director.

Is a resident director required?
A director is not required to be a resident in Dominica.

What is the minimum number of shareholders required for a Dominican company?
A Dominican company requires a minimum of one shareholder.

Are shareholder/director details available for public viewing?
No, there is no public register.

What are the minimum capital requirements for a Dominican company?
A Dominica company requires no minimum capital.

What is the problem of setting up a Dominican company?
Setting up a company in Dominica may be perceived as a tax haven structure.

Is a Dominica company required to submit an annual return and/or financial statements?
A Dominica company does not have to submit annual tax returns or audited financial statements.

How much tax does a Dominica company pay?
A properly structured Dominican company is tax exempt from international profits.

Contact Us

For more information on any of our Dominica corporate services, please email email@healyconsultants.com or telephone us at (+65) 6735 0120.

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