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Dominica Company Formation. Dominica IBC.

KGN Services specializes in Dominica Company Formation and opening bank accounts.

Dominica Company – Overview

Principal Corporate Legislation

The International Business Companies Act, 1996 (“the Act”) as amended.

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Type of Entity for International Trade, Investment & Tax Planning

Dominica IBC (International Business Company).

Share Capital

Standard authorised share capital is US$50,000. Minimum paid up share capital is US$1.

Classes of Share Available

Registered shares, shares of no par value, bearer shares, preference shares, redeemable shares and shares with or without voting rights.

Bearer Shares

Permitted

Restrictions on Trading

Cannot trade within Dominica. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required

Yes, must be maintained in Dominica.

Directors

A Dominica IBC requires a minimum of one director. Director can be of any nationality and need not be resident in Dominica. Corporate directors are permitted.

Shareholders

A Dominica IBC requires a minimum of one shareholder.

Publicly Accessible Records

No.

Nominee Shareholders and Nominee Directors

Allowed.

Location of Meetings of Directors and Shareholders

Anywhere.

Personal Presence Required

No.

Taxation

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Language of Name

English.

Restricted Words

Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.

Name of a Company

The words “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every company.

Time to Incorporate

Two days.

Advantages of Dominica Company Formation

Dominica Company Formation Prices

Dominica Company Formation Package Includes:

Starting at: $1990

Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating your business is our focus

We make a complex process fast and easy

We work closely with Companies Registries to guarantee our service

Fastest offshore companies & accounts – Most competitive pricing worldwide

Services related Dominica Company Formation

KGN Services provides the following services in Dominica:

Dominica – General Information

Location: Caribbean, island between the Caribbean Sea and the North Atlantic Ocean, about halfway between Puerto Rico and Trinidad and Tobago.

Area: total: 751 sq km, land: 751 sq km, water: 0 sq km. … 

Natural resources: Timber, hydropower, arable land.
Population: 73,897 (July 2017 est.).

Capital: Roseau.

Time Zone:UTC−4.

Languages: English (official), French patois.

Government type: Parliamentary republic.

Legal system: Common law based on the English model.
Economy: Most of Curacao’s GDP results from services. Tourism, petroleum refining and bunkering, offshore finance, and transportation and communications are the mainstays of this small island economy, which is closely tied to the outside world. Curacao has limited natural resources, poor soil, and inadequate water supplies, and budgetary problems complicate reform of the health and education systems. Although GDP grew only slightly during the past decade, Curacao enjoys a high per capita income and a well-developed infrastructure compared to other countries in the region.

Currency: Netherlands Antillean guilder (ANG).

KGN Services | Curacao Company

Tags: Curacao companies

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Requirement to File Annual Return

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