The Commonwealth of Dominica passed the offshore legislation for International Business Companies (Offshore Companies formation) in 1996 with zero taxation on capital gain among other tax exempt conditions. This act enhances the country reputation as a prime tax haven jurisdiction. Since then Dominica has grown to be a very competitive offshore jurisdiction with the introduction of several other Dominica offshore products.
Dominica is one of the safest and best tax havens available right now as Dominica offshore businesses are exempt from all taxation and foreign exchange control, have the privacy and confidentiality which prevents the offshore business from coming under scrutiny. And these conditions are legislatively supported in a country that is politically and economically stable. The Dominica offshore services offered are reliable and there are several highly skilled agents ready to help you set up a Dominica registered international business corporation (IBC), private offshore banking accounts and other offshore vehicles which provide asset protection. All these services are offered with total discretion.
There are many advantages to setting up an offshore business or doing business with an offshore company in Dominica. Dominica offshore companies unlike offshore companies set up in other jurisdictions are guaranteed their first 20 years of operations will be tax free- no local taxes and duties will be charged against any capital generated. The processing fees and annual renewal fees are the only fees paid to government.
The owner of a Dominica offshore company is guaranteed privacy and anonymity in tax haven Dominica. The names of the owners of the Dominica company are not kept at the registrar’s office and this information cannot be given out at any time. This information is kept only by the agent conducting the registration and failure to comply with confidentiality clause will result in a stiff penalty plus jail time. Information can only be disclosed by a Court Order of the court if the Company engages in proven illegal activities.
Tax Haven Dominica offers no capital gains tax applied to offshore companies in Dominica making it easy for investors to reap maximum benefits on all forms of income. The laws of the Dominica provide that international business can operate an onshore bank account in Dominica. The offshore legislation act is very flexible and does not obligate business owners to keep accounting information with any authority.
Offshore service providers in Dominica offer the registration of international business companies. Because of the advancement in technology there is no reason for a potential investor to travel to Dominica. Transactions can be done by making use of modern technologies such as courier services, the telephone and email and internet. Setting up an international business corporation in Dominica is hassle free and provided that the potential owner submits the right documents it could take as little as one day to set up! The registration of companies is done in Roseau the capital of the country. Dominica should be used as a tax haven for anyone who is considering tax haven options.
Offshore service providers such as CCP Inc. and many other registered agents provide excellent offshore services to clients around the world at extremely competitive prices. The company offers some of the best prices for the registration and formation of International Business Companies in Dominica.
CCP Inc, also provides services such as the Dominica Economic Citizenship Programme. This program enables a foreigner to get Dominica citizenship for a non-refundable contribution to the Government of Dominica which will be used for funding of infrastructural development in Dominica. A citizen of Dominica can travel freely to many countries in the world; including most Commonwealth of Nation countries and can live or set-up a business in any OECS or CARICOM countries without restrictions.
The staff at CCP Inc. is very professional and reliable. Tax Haven, Dominica is a Caribbean tax haven offering potential and existing investors high quality services in addition to confidentiality, anonymity and flexibility.