DM · N 15°18′ · W 61°23′

Dominica

Dominica stopped registering IBCs in 2022, so foreign investors should use a private limited company under the Companies Act. It suits genuine local operations, staffing, or project investment and is managed under the ordinary corporate tax and annual filing regime.

DM

The local operating choice after IBC closure.

Private limited liability company (Private Ltd.)

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01Key facts · 关键信息

Key points on one page.

Tax
Corporate income tax 25%; approved fiscal incentives may provide relief, but are not automatic.
Shareholders and directors
Min. 1 shareholder and 1 individual director; no director-residency rule identified.
Share capital
No statutory minimum found; share capital and paid-in arrangements should be confirmed against the articles and CIPO requirements.
Local requirements
A Dominica registered office is required; local operations need tax registration and, where applicable, VAT and permits.
Annual maintenance
Company annual return due by 2 April; calendar-year income-tax return and tax balance due by 31 March.
Incorporation timeline
Approx. 2–4 weeks, subject to document preparation, name approval, and CIPO processing.
Public disclosure
Member and director registers must be maintained; public availability of beneficial-owner data should be confirmed with CIPO.

Facts last checked · 2026-10-23

This page summarises publicly available regulations for general reference only and does not constitute legal or tax advice. Rules in each jurisdiction may change at any time; please confirm the latest position with an Offshore Isle advisor.

References (5)›
  1. 01Dominica Financial Services Unit — Notice of Closure of the IBC Sector
  2. 02Dominica Inland Revenue Division — Current Income Tax Rates
  3. 03Invest Dominica Authority — Starting a Business
  4. 04Companies Act, Act 21 of 1994
  5. 05Invest Dominica Authority — Frequently Asked Questions

02 · Advantages

Why Dominica

  • 01No foreign-ownership percentage restriction.
  • 02English is the official language for local contracts and compliance communication.
  • 03Priority-sector projects may apply for fiscal incentives, subject to approval.
Best forLocal trading and service operationsTourism and physical-project investmentLocal workforce deployment

03 · Requirements

Formation requirements

  • Name must include “Limited”, “Corporation”, or “Incorporated”, or an abbreviation.
  • File constitutional documents and an attorney's statutory declaration with CIPO, then complete tax registration.
  • Foreign staff, land acquisition, and regulated activities require the relevant work permit, land licence, or licence.

04 · Compliance

Annual compliance

  • File the company annual return and pay the share-capital-based annual fee by 2 April.
  • Calendar-year companies file income tax and settle the balance by 31 March, with instalments during the year.
  • Keep member, director, meeting, and financial records; confirm audit applicability for the company's circumstances.

After incorporation, Offshore Isle sets a compliance calendar. We remind you in advance of annual returns, renewals and filings, and handle them on your behalf.

Consult · 预约顾问

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Dominica company.

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