Dominica: Interntional Business Companies (IBC'S)
Requirements & Advantages
The Commonwealth of Dominica, better known as Dominica (which
is different from the Dominica Republic) is an English speaking
former British Colony, now a Constitutional Independent Democracy
(1978), is located in the Eastern Caribbean. The Time Zone is +
1 hour EST and -4 hours GMT.
The International Business Companies Act was legislated on June
26 1996 (IBC Act). This Act offers progressive legislation with
flexible company structures and efficient incorporation procedures.
The privacy of shareholders is guaranteed under the Act at section
112. Overall, Dominica as an Offshore Business Center is among
the best in the world, with highly competitive costs and quick
incorporation.
The legal system, which is based on the British Common Law and
a constitution which enshrines human rights and freedom, ensures
the future political stability of the nation.
A company name must end with a word, phrase or abbreviation thereof
which indicates Limited Liability.
You must maintain a registered office in Dominica
and must appoint a Dominican resident as the registered agent.
You may find out more at....
Offshore Companies House (OCH Ltd.) |