Dominica Republic is a major player in the Caribbean offshore centres. Dominica promotes itself as a leading offshore tax haven.
Incorporating an Offshore company in Dominica can take less than 48 hours. The Island offers a low cost of Incorporating an offshore company in Dominica.
Benefits of Setting up and Offshore Company in Dominica
Offshore companies formed in Dominica enjoy total exemption from local taxes including:
* income and capital gains taxes
* withholding taxes
* transfer taxes
* stamp duties
No minimum paid up share capital
Capital may be denominated in any currency
Shareholders/directors may be individuals or corporations
No annual general meeting of shareholders is required.
No annual returns must be filed or published.
Source Caribbean Offshore Services
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