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.

A Dominican company needs a minimum of one director.

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

A Dominican company requires a minimum of one shareholder.

No, there is no public register.

A Dominica company requires only US$1 minimum capital.

Setting up a company in Dominica may be perceived as a tax neutral structure.

A Dominica company has to submit annual tax returns.

A properly structured Dominican company is tax exempt from international profits.

doing business in Dominica

During a business meeting, maintaining eye contact is very important since it shows interest and respect to your Dominican business partners;
If invited to a Dominican’s home, it is recommendable to bring gifts like chocolates or pastries. The gifts should not be in black or purple since Dominicans consider them as mourning colors;
Dominicans are open and direct in communication. It is common to ask personal questions (e.g. regarding family or age) during a business meeting. However, talking about politics and religion should be avoided;
It is recommendable to have one side of your business card printed in Spanish. The business card should be presented with the Spanish side facing the recipient;
Dominicans prefer relationship building in business. Therefore, hard selling and pressure tactics will not work.

The Island of Dominica, shaped like a tobacco leaf, is located in eastern Caribbean;
Dominica belongs to a group of islands known as the Leeward Islands which are part of the Lesser Antilles island chain;
The Commonwealth of Dominica has an estimated total population of 72,660 people (as of July, 2009);
The Island has had more than 30 years of democratic governance, a great example in the Third World, where there are few democratic states;
Agriculture, with bananas as the principal crop, is still Dominica’s economic mainstay;
Boiling Lake, in the Morne Trois Pitons National Park, is one of the world’s largest thermal lakes;
Today, three thousand Carib Indians live in the tropical forest of Dominica;
The Sisserou Parrot (one of largest parrots on planet), Dominica’s national bird, is one of the several species of exotic birds that can be found in the tiny island of Dominica.