Dmitri Mihhailov
General Partner
Leads Prifinance's corporate practice and oversees client engagements, with senior expertise in international company structuring and bank-account setup.
Register a company in Dominica, quiet Caribbean value.
Set up a Dominica IBC without leaving your desk: a common-law island company with territorial taxation, where income earned outside Dominica is not taxed. One owner is enough, there is no minimum capital and no public register of shareholders, and the all-in cost sits at the budget end of the offshore shortlist. Filed by a licensed registered agent in days.A Dominica IBC set up remotely in 1-3 days: territorial taxation, no public owners register, budget pricing, with the Caribbean's cheapest citizenship programme next door.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served
Updated
Dominica · at a glance
Legal formIBC · International Business Company
Time to set up1-3 business days
Tax on foreign income0%
Capital gains / dividendsNot taxed
Min. share capitalNo minimum
Remote setupYes - via registered agent
4.7
★★★★★
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Dominica in brief
The Nature Island's practical side.
The Commonwealth of Dominica - not to be confused with the Dominican Republic - is an English-speaking Eastern-Caribbean nation with common-law courts, membership of the OECS and CARICOM, and a currency pegged to the US dollar since 1976. Its International Business Companies Act has run since 1996: an IBC owned by non-residents is formed through a licensed registered agent and managed entirely from abroad.
After the island aligned its regime with EU and OECD expectations, taxation became territorial in effect: income earned outside Dominica stays outside its tax net, while local business pays the standard rate. Companies keep registers and accounting records privately with their agent, file no accounts publicly, and pay a flat annual fee. Dominica is also home to the Caribbean's most affordable citizenship-by-investment programme - a track many company owners explore in parallel, and one we support end to end.
The Commonwealth of Dominica - not the Dominican Republic - is an English-speaking OECS nation under common law with a dollar-pegged currency. An IBC is formed through a licensed agent and run from anywhere.
Taxation is territorial in effect: foreign income stays untaxed and unfiled; local business pays 25%. Records stay private with the agent; the state cost is a flat annual fee.
Packages & pricing
Dominica company registration - cost & packages.
01 - IBC · INTERNATIONAL BUSINESS COMPANY
Company
from$1,800USD · all-in
Remote incorporation of a Dominica IBC - name reservation, registry filing, government fees and the first year of the registered agent and office included.
✓Company name check & reservation✓IBC registration & all government fees✓Memorandum & articles of association✓Registered agent & office - first year✓Corporate documents with apostille✓Free pre-incorporation consultation
Optional add-ons: nominee services - on request · certified document sets - from $150 · annual renewal - from $1,000/year.Add-ons: nominee services on request · certified copies from $150 · renewal from $1,000/year.
Start with Company →02 - IBC · INTERNATIONAL BUSINESS COMPANY
Most popularCompany + Bank Account
from$3,400USD · all-in
A working Dominica IBC with a fintech or bank account - multi-currency IBAN, cards and online banking, arranged fully remotely.
✓Everything in Company✓Account with an EU/Caribbean EMI or bank - multi-currency, SWIFT/SEPA✓Account application & KYC file preparation✓Introduction to 2-3 suitable institutions✓Compliance onboarding support✓Dedicated account manager
Start with Banking →Entry prices, fixed in your quote before we file. No paid-in capital requirement; the flat government fee and agent charges are itemised.Entry prices, fixed before filing. Flat government fee and agent charges itemised.
What you can do
Popular uses for a Dominica company.
Dominican law does not restrict founders by citizenship or residence, and an IBC may pursue almost any lawful business outside the island. One company can combine several of the uses below; only regulated activities such as banking or insurance need a licence.An IBC may pursue almost any lawful business outside the island. One company can combine several uses.
International trading
Import-export, brokerage and cross-border invoicing with suppliers and customers worldwide.
Consulting & services
Management, IT, marketing and advisory services billed to clients around the globe.
Holding & investment
Holding shares, real estate and portfolios; collecting dividends and gains free of local tax.
E-commerce
Online stores, digital products and subscription services settled in USD or EC dollars.
IP & royalties
Owning trademarks, software and content, and licensing them to operating companies.
Asset protection
Ring-fencing family or business assets under a common-law structure with strong privacy.
Trading
Import-export and cross-border invoicing.
Consulting
Services billed to clients worldwide.
Holding & investment
Shares and portfolios held tax-free.
E-commerce
Online sales settled in USD.
IP & royalties
Trademarks and software licensed out.
Asset protection
Common-law privacy for family assets.
Why Dominica
Key advantages of the jurisdiction.
✓
Territorial taxation
Income earned outside Dominica is not taxed there. No corporate tax, capital gains tax or withholding on foreign earnings.0% on income earned outside Dominica.
✓
Budget all-in cost
From $1,800 to incorporate and from $1,000 a year to maintain. Offshore economics without padding.From $1,800; renewals from $1,000.
✓
Registered in days
The registry approves clean filings within one to three business days through the licensed agent.Clean filings approved in 1-3 days.
✓
Privacy by default
No public register of shareholders or beneficial owners; records stay with the licensed agent.No public register of owners.
✓
CBI on the doorstep
The Caribbean's most affordable citizenship-by-investment programme runs alongside. Many owners pursue both.Cheapest Caribbean passport programme.
✓
English common law
An OECS member with familiar corporate mechanics and a dollar-pegged currency.OECS member, USD-pegged currency.
How it compares
Dominica next to the usual shortlist.
Belize matches the price with a faster registry; Nevis leads on asset protection; Anguilla runs the boutique e-registry. Dominica's edge is cost plus the citizenship route none of them offer as cheaply. Figures current as of 2026.Belize is the budget twin with a faster registry; Nevis guards assets. Dominica adds the citizenship route. Figures as of 2026.
| Country | Tax on foreign income | Annual government fee | Fully remote incorporation |
|---|---|---|---|
| Dominica | 0% - territorial | From ~$300 | Yes - via registered agent, 1-3 days |
| Belize | 0% - territorial | From $350 | Yes - fastest budget option |
| Nevis | 0% | From ~$270 | Yes - asset-protection focus |
| Anguilla | 0% | From ~$250 | Yes - boutique e-registry |
| Seychelles | 0% territorial | From $150 | Yes - Indian-Ocean alternative |
DominicaRemote ✓
Foreign income0% - territorial
Annual feefrom ~$300
BelizeBudget twin
Foreign income0% - territorial
Annual feefrom $350
NevisAsset protection
Foreign income0%
Annual feefrom ~$270
AnguillaBoutique
Foreign income0%
Annual feefrom ~$250
SeychellesAlternative
Foreign income0% territorial
Annual feefrom $150
Requirements
What Dominican law actually demands.
01
Shareholders - One or more shareholders, individuals or companies of any nationality; no residence conditions and no public disclosure.
02
Director - A minimum of one director, who can live anywhere and may be the sole shareholder; corporate directors are permitted.
03
Share capital - No minimum and no paid-in requirement; capital can be denominated in any currency.
04
Registered agent & office - A licensed registered agent and a registered office in Dominica are mandatory. We provide both as part of the package.
05
Name - A distinguishable name ending in Ltd, Corp, Inc or an equivalent suffix; sensitive words such as bank or insurance need a licence.
06
Records - Internal registers of directors, shareholders and beneficial owners plus basic accounting records, kept with the agent - not published.
How it works
From application to a live company in days.
Our lawyers and the licensed agent file at the registry; you sign remotely, and most clean files are approved within three business days.Filed through the licensed agent; most clean files are approved within three business days.
01Same day
Free consultation
We confirm that Dominica fits your case, agree the structure and fix the full cost.
021 day
KYC & documents
Passports, proof of address and a short description of the business; we prepare the incorporation pack.
03Hours
Name reservation
We check and reserve the company name with the registry.
041-3 days
Registry filing
The registered agent files the incorporation and pays the government fee.
053-5 days
Documents & apostille
You receive the certificate, articles and registers, apostilled for use abroad.
061-3 weeks
Banking
We introduce the company to suitable EMIs or banks and support the account opening.
Quick facts
Legal formIBC
Min. share capitalNo minimum
Government feeFrom ~$300/year
Standard processing1-3 business days
Public registersNone
Annual accountsNot filed
Financial yearFree choice
A clean file clears the registry in a day or two - assembling it properly is the real work.
On the ground
On the ground in Dominica.
Prifinance - Dominica
Roseau
Roseau, Commonwealth of Dominica
01
Offshore incorporation specialists
Your setup is run by a team that files Caribbean structures through licensed agents every week.
02
Registered agent & office
A licensed agent and registered office in Roseau are included, keeping the company in good standing while you operate remotely.
03
Banking & CBI support
EMI-first account routes, KYC preparation. And citizenship-by-investment guidance when you want the passport track too.
04
Also in Tallinn, London, Dubai & more
A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.
We also have offices in
Tallinn
Estonia
Roseni 13
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
Vilnius
Lithuania
Gedimino pr. 2
London
United Kingdom
7 Bell Yard
Prague
Czech Republic
Vlkova 532/8, Žižkov
Berlin
Germany
Rankestraße 26
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
Dubai
UAE
33 Level, Al Saqr Business Tower
Toronto
Canada
1110 Finch Avenue West, suite 406
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Almaty
Kazakhstan
Republic Square 13
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation 2026
Territorial, with nothing to file offshore.
Dominica taxes income earned on the island; profits earned abroad by a non-resident-owned IBC sit outside the net. No corporate tax, capital-gains tax or withholding touches foreign earnings, no accounts are filed publicly, and the recurring state cost is a flat annual fee.Foreign income 0% and unfiled; local business 25%; flat annual fee keeps the company in good standing.
Foreign income - 0%
Profits earned outside Dominica are outside the scope of local taxation, with no tax filings on them.Profits earned outside Dominica are outside local taxation.
Local income - 25%
The standard corporate rate applies only to Dominica-source business. Most IBCs never touch it.Standard rate only for island-source business.
No hidden add-ons
No capital gains tax, no withholding on dividends or interest to non-residents, no exchange controls offshore.No capital gains or withholding tax offshore.
Substance & reporting
Records and registers stay with the licensed agent; economic-substance rules touch only finance-type activities.Records stay with the agent; substance rules touch finance activities only.
Levies in 2026
Tax on foreign-source income0%
CIT on Dominica-source income25%
Capital gains taxNone
Withholding (non-residents)None on foreign income
Annual government feeFrom ~$300
Exchange controlsNone offshore
A flat-fee renewal each year keeps the company alive; skipping it in a quiet year is the classic mistake.
Your team
The specialists who'll handle your case.
Eugeniu Bevziuc
Corporate services advisor
Advises clients on company formation, VAT and ongoing compliance, coordinating each step of the setup across the EU.
Alex Danila
Company formation specialist
Your day-to-day contact - coordinates incorporation, documents and the bank introduction, from the first call through to launch.
Follow Prifinance
Active across our channels.
Watch: opening a company in Dominica with Prifinance
Budget offshore done properly - full support for your Dominica IBC, start to finish.
Talk to a specialist →FAQ
Dominica essentials.
Dominica or the Dominican Republic - is this the same country?+
No - the Commonwealth of Dominica is a small English-speaking island between Guadeloupe and Martinique, a different state from the Spanish-speaking Dominican Republic. This page is about Dominica, the classic IBC jurisdiction.
Can I open a company without visiting Dominica?+
Yes. From KYC to the registry filing the process is remote, through our lawyers and the licensed agent, with originals couriered afterwards.
How much does it cost to set up a Dominica company?+
Turnkey incorporation starts from $1,800 including government fees and the first year of the registered agent and office. With an account arranged, packages start from $3,400.
How long does incorporation take?+
Clean applications are approved within one to three business days; apostilled corporate documents typically follow within a week.
Will the company pay tax in Dominica?+
Not on foreign income - the regime is territorial in effect, so profits earned outside the island stay outside its tax net; only Dominica-source business pays the standard 25%. Home-country tax stays your own question, and we walk through it together in the consultation.
Are the owners visible in a public register?+
No. Dominica keeps no public register of shareholders or beneficial owners; records are maintained by the licensed agent and disclosed only under lawful request.
Does the company file accounts or returns?+
No accounts or tax returns are filed on foreign earnings. The company keeps internal accounting records and registers with its agent and pays the flat annual fee.
What about banking for a Dominica company?+
Cautious is the polite word for how traditional banks treat Dominica, so the working route is EU and UK licensed EMIs (multi-currency IBANs, cards, SWIFT/SEPA), with a classic bank added where the profile supports it.
Can I get Dominica citizenship through the company?+
Not through the company itself - but Dominica runs the Caribbean's most affordable citizenship-by-investment programme, from a US$100,000 contribution, with visa-free travel to 140+ destinations. Many founders run the company and CBI tracks in parallel; we support both.
Dominica or Belize - which one?+
Nearly twins on price and territorial taxation. Belize has the faster electronic registry and the famous LLC; Dominica counters with the cheapest citizenship route in the region. If a second passport is anywhere on your roadmap, Dominica usually wins.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“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…”
Google
“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”
Google
“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.”
Google
“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…”
Google
“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…”
Google
“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!”
Google
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Tell us where the business runs, and a specialist replies within one business day with a recommended structure, a timeline and a fixed quote.A Dominica specialist replies within one business day with a recommended structure, a timeline and a fixed quote.
✓No obligation; the first consultation is free✓A clear recommendation, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU speaking team