Economic Overview & Business Opportunities
Dominica is becoming the leading offshore jurisdiction in the Caribbean, thanks to the progressive and business oriented legislation.
IBC REGISTRY: Some of the conveniences that Dominica offers for IBC are: 20 year of full tax exemption of an IBC, absence of exchange control, no financial reporting requirements, flexible company structure-one director/shareholder, high confidentiality.
Dominica’s advantage is being a sovereign country that still offers and protects desirable privacy and anonymity for the international clients. Coupling this with a realistic pricing structure it is clear why Dominica is proving very competitive as an offshore destination.
OFFSHORE BANKING: Dominica is also a reputable and well respected jurisdiction in the world of offshore banking, having its legislation in place form the 1996. Dominica’s stable economy with well-established international banking legislation ensures that investments are well protected. The Dominican Government believes that the good reputation of the bank is as important as the privacy of the clients.
ECONOMIC CITIZENSHIP: The Dominica Citizenship by Investment program was enacted by law in 1993, and has established itself as a reliable option in the global community. Obtaining Dominica citizenship can be a first step towards improving quality of travel and living, wealth management and tax planning.