Dominica Bank Account

The Commonwealth of Dominica (pronounced Domen ee ka) is one of the best tax havens for safe offshore accounts, offshore company incorporation, secure offshore banking, private bank accounts and asset protection in total secrecy. Dominica also has some of the newest offshore legislation in the world and is technologically more advanced than many other jurisdictions.

To give you total privacy and protection, offshore bank accounts should be opened in the name of an offshore company (an International Business Company or IBC). Nobody can find out who owns the IBC so you remain anonymous.

The advantages of incorporating in the Commonwealth of Dominica are:

Exemption from all local taxes, duties and other similar charges.
No exchange controls on the movement of funds by IBCs.
No requirement to file accounting information with any authority.
Share registers are only available for inspection by registered shareholders.
There is no capital gains tax.
Sole directors and shareholders are allowed. The sole director may also be the sole shareholder. Directors may be persons or another company.
There is no statutory requirement to hold an Annual General Meeting.
Asset security is maintained as provisions restrict seizure, expropriation or confiscation by foreign authorities.
Dominica is an English speaking independent sovereign jurisdiction and will not be affected by the impending OECD or any EU/UK legislation.

Open a Dominica bank account