Options for registering companies in Dominica
Dominica is an independent Eastern Caribbean state and a member of the Organisation of Eastern Caribbean States. Its legal framework supports domestic companies, international structures and foreign-owned business vehicles operating under separate legislation.
Corporate registrations are administered through the Companies and Intellectual Property Office (CIPO). The Companies Act, the International Business Companies Act and the International Exempt Trust Act provide the principal legal framework for the structures covered on this page.
The entity options differ across legal separation, taxation, capital requirements and control frameworks, affecting how foreign investors structure and operate their presence.
Dominica offers international investors the following legal structures for establishing a local presence:
Onshore company (Private Limited Liability Company)
A private limited liability company is a domestic corporate entity incorporated under the Companies Act with legal personality separate from its shareholders.
- A private limited liability company is a separate legal person under the Companies Act. Unlike an International Exempt Trust, liability is generally limited to shareholder participation in the company.
- This structure is commonly used for trading, service and operating activities conducted within Dominica. CIPO identifies it as a recognised company form under the Companies Act.
- The company operates through directors appointed under the Companies Act and its corporate documents.
- The company is subject to taxation and filing obligations administered by the Inland Revenue Division. Annual returns and corporate compliance obligations apply under the Companies Act.
- CIPO requires statutory company information to be maintained and filed with the Registrar. Annual returns and prescribed corporate disclosures form part of the compliance framework.
- In contrast to an International Business Company, this structure operates under the domestic Companies Act framework. Regulated financial activities require separate licensing from the relevant authority.
Trust (International Exempt Trust)
An International Exempt Trust is a trust structure established under dedicated trust legislation and administered separately from corporate companies.
- An International Exempt Trust is not a company and does not issue shares to shareholders. Unlike a private limited liability company, it is established through a trust relationship between parties.
- This structure is commonly used for holding and administration arrangements established under the International Exempt Trust Act. The framework is recognised within Dominica's financial services legislation.
- The trust must operate in accordance with the International Exempt Trust Act and related regulatory requirements.
- The applicable tax treatment is governed by the legislation regulating International Exempt Trusts.
- The Financial Services Unit regulates trust companies and international trusts within its supervisory remit. Record-keeping and compliance obligations apply under the applicable legal framework.
- Unlike a company, the trust structure does not operate through shareholders and directors. Activities requiring separate financial-services authorisation remain subject to regulatory approval.
International business company (IBC)
An International Business Company is a company incorporated under dedicated international business legislation for cross-border and international activities.
- An International Business Company has separate legal personality under its governing legislation. In contrast to a trust, it operates through a corporate structure with members and directors.
- This structure is commonly used for international business activities recognised under the International Business Companies Act. Registration and record administration are handled through CIPO.
- The company is managed according to its constitutional documents and applicable legislation.
- The applicable tax treatment is governed by the International Business Companies framework and tax legislation.
- International Business Companies fall within the regulatory framework referenced by the Financial Services Unit. Prescribed record-keeping and statutory compliance obligations remain applicable.
- Unlike a private limited liability company, an International Business Company is established under separate international business legislation. Regulated financial activities require additional authorisation where applicable.
Comparison of the common types of companies in Dominica
| Key information | Onshore company (Private Limited Liability Company) | Trust (International Exempt Trust) | International business company |
|---|---|---|---|
| Commonly used for | Onshore company | Asset protection | Trading with global customers |
| Minimum capitalisation | US$1 | US$1 | US$1 |
| Limited liability | Yes | No | Yes |
| Time to incorporate | 3 days | 10 days | 3 days |
| Tax rate (CIT) | 25% | N/A | 0% |
| Resident management | No | Yes (resident trustee) | No |
| Cost indication
Includes Hawksford’s Fee |
US$7,000 | US$8,000 | US$7,000 |
Any estimates published on Hawksford’s website set out indicative fees for entity formation, tax/VAT registration, a registered office address and estimated government filing fees. They do not include fees for additional services that may be required such as resident directors, licences for regulated activities, bank account setup, initial capital or other third-party charges. Actual setup costs can vary widely depending on the entity type, business activities, and structure. Terms and conditions apply. For a detailed, tailored quote, please contact us.
Updated on
Information verified against Companies and Intellectual Property Office (CIPO), Financial Services Unit (FSU), Invest Dominica Authority and the Ministry of Finance, Economic Development, Climate Resilience and Social Security.
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Useful links
Companies & Intellectual Property Office (CIPO)
Inland Revenue Division
Ministry of Finance, Economic Development, Climate Resilience and Social Security
Eastern Caribbean Central Bank (ECCB)
Financial Services Unit (FSU)
Invest Dominica Authority