Company registration in Dominica

Name of service Bronze Silver Gold Platinum
Check and reserve of the company name Obtaining approval from the registrar for the company name
Company registration, including state fees Preparation of a full package of documents, depending on the chosen form of ownership, cooperation with the relevant authorities prior to obtaining information on company registration
Set of constituent documents Preparation of a complete package of constituent documents of a company of any form of ownership
Legal address for 1 year Provision of legal address for your company in a given jurisdiction, eliminating the need to purchase or rent real estate
1 year nominee director services Necessary to keep incognito the real owner of the company. He has limited powers and acts according to the decisions of the actual owner
Nominee shareholder services for 1 year If there is no possibility or necessity to involve real shareholders, we will provide a nominee shareholder service for registration and operation of the relevant company
Support in opening an account Collection, preparation and submission of the necessary documents for opening a corporate account
Support in opening a personal account Collecting, preparing and submitting the necessary documents for opening a personal account
Total cost
950 USD 1350 USD 1350 USD On request
Annual renewal (paid from the second year)
950 USD 1100 USD 1100 USD 1100 USD

Deal of the month

If you will register a company until June 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

Dominica is a jurisdiction that offers favourable conditions for opening offshore companies, banks, and providing financial services. Businessmen who are going to operate worldwide may find an option of establishing a company in Dominica especially suitable.

Major Forms of Legal and Business Presence in Dominica

If you assess an opportunity of becoming present in Dominica, you may actually arrange your business activities in one of the next forms:

  • International Business Company (Offshore) - a vehicle that can be established even by one person (natural or legal) of any nationality to operate through Dominica. The authorized share capital in the amount of USD100 is required in this case without any obligations of its repayment at the moment of incorporation.
  • Private Limited Company - an entity that can be incorporated even by one person (natural or legal) of any nationality. The liability, in this case, is limited to the amount of the contribution made. Any requirements for the statutory capital formation are absent. Still, for certain types of regulated activities, like banking, the exact amount of the share capital may be required.
  • Public Limited Company - a vehicle designed mostly for involving extra financing that can be incorporated by a person of any nationality (natural or legal) whose liability is limited to the amount of the contribution made. There are no general requirements for the share capital in this case too. Still, there are more complicated demands for the company’s management and reporting.
  • Branch - an option that enables foreign companies to establish their presence in Dominica and conduct there the same types of activities as abroad.

Registration Requirements and Steps

Opening a company in Dominica may require passing these preliminary registration steps:

  1. Clarifying your business objectives.
  2. Choosing and verifying a business name for a future entity.
  3. Collecting the data about founders, beneficial owners, and the management of a future entity.
  4. Drafting and formalizing statutory documents.
  5. Actually providing the registration of a new company.
  6. Registration for tax and social security purposes.
  7. Obtaining additional licenses and permits (required for certain types of activities, like banking, financial services).

The actual registration process may vary depending on the exact conditions of running a business.

Legal and Regulatory Framework

The local legal framework is generally favourable for international business. The legislation of Dominica is based on British common law. The major legal acts regulating the process of establishing and running a business are the Companies Act and the International Business Companies Act. The major regulatory bodies are the Companies and Intellectual Property Office, the Ministry of Finance and Investment.

Advantages of the Jurisdiction

If you intend to create a company in Dominica, you may potentially enjoy these benefits the jurisdiction offers:

  • Moderate costs for the company incorporation and maintenance
  • Political and economic stability
  • Confidentiality of corporate details
  • Ensuring the safety of holding assets
  • No requirements for compulsory audit
  • Advantageous tax system.

Tax System of Dominica

If you evaluate an option of establishing a company in Dominica, you may need to be aware of the next tax highlights:

  • Corporate income tax rate - 25%
  • Personal income tax rate - 15-35% (depending on the income)
  • VAT rate - 15%
  • Withholding tax rate (dividends/interest/royalties) - 15%
  • Capital gains tax rate - not applicable

Offshore vehicles are tax exempted in Dominica for twenty years.

How Prifinance Specialists May Help You

If you want to incorporate a company in Dominica, Prifinance specialists may consult you on whether this can be potentially profitable in your concrete case and offer you alternative suggestions. Reach us shortly for more precise discussions on the matter.

Cooperation

Our clients

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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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