APGI Dominica Offshore Company

Dominica Company Incorporation

From US$1195.00

The Commonwealth of Dominica

Dominica (pronounced Domen ee ka) is one of the top offshore tax havens for incorporation as well as privacy and secrecy. Legislation alloes the Dominica IBC to undertake a variety of business activities and a Dominica company can even be used for online gaming without the need for a gaming license. One of the drawbacks of the Dominica Company is that even though bearer shares are permitted, they must be kept at the registered office of the company. Since there is no public registry, registered shares can be used and privacy can be maintained.

Dominica also has some of the most innovative offshore legislation in the industry and is technologically more advanced than many other tax haven jurisdictions.

In order to provide the end user with total privacy and protection, offshore bank accounts should be opened in the name of the offshore company (an International Business Company or IBC) and they should never be established in the same jurisdiction as the incorporation. Since the IBC boasts an extremely high level of privacy, there is no legal way for others to ascertain the ownership or beneficial ownership of the company.

Some Advantages of the Dominica Company are:

• Exemption from all local taxes, stamp duties and other similar fees.
• No exchange controls on the movement of funds by IBCs.
• No requirements to file annual accounts.
• Share registers are only available for inspection by the registered shareholders.
• There are no capital gains taxes.
• Sole directors and shareholders are allowed.
• The sole director may also be the sole shareholder.
• Directors may be persons or another company.
• There are no statutory requirements to hold an annual meeting.
• Asset security and protection is maintained via provisions which the restrict seizure, expropriation or confiscation of assets by foreign authorities or creditors.
• Any internationally recognized ending for the company indicating limited liability is permitted. Some example are as follows: Inc., Incorporated, Ltd., Limited, Corp., Corporation, S.A., PLC, GmbH, N.V., LLC, LC, TOO, OAO, TBB, etc.

For further information concerning Dominica and incorporation in the jurisdiction please feel free to contact APGI. Note that the jurisdiction can be used for online gaming and gambling without the need for any special license or permit. Many people choose to use the jurisdiction as a starting point for incorporating an offshore gaming company.