Dominica PLC
Key Features Dominica PLC
Dominica PLC |
Corporate Details |
General |
|
Type of Entity |
PLC |
Registered Office in Dominica |
Yes |
Shelf company availability |
Yes |
Our time to establish a new company |
4 weeks |
Taxation on Profits |
No |
Access to Double Taxation Treaties |
No |
Share capital or equivalent |
|
Standard currency |
US Dollar is commonly used |
Permitted currencies |
Any |
Minimum paid up |
US$1 |
Usual authorized |
None |
Bearer shares allowed |
No |
No par value shares allowed |
Yes |
Directors |
|
Minimum number |
Three |
Local required |
No |
Publicly accessible records |
Yes |
Location of meetings |
Anywhere |
Corporate directorship allowed |
Yes |
Shareholders |
|
Minimum number |
One |
Publicly accessible records |
Yes |
Corporate shareholder allowed |
Yes |
Location of meetings |
Anywhere |
Company Secretary |
|
Required |
Yes |
Local or qualified |
No |
Accounts |
|
Requirements to prepare |
Yes |
Audit requirements |
Yes |
Requirements to file accounts |
Yes |
Publicly accessible accounts |
Yes |
Other |
|
Requirement to file annual return |
No |
Migration of domicile permitted |
Yes |
- Limited Liability: Shareholders are not personally liable for the obligations of the company as their assets are considered separate from that of the PLC.
- Privacy: The names of a PLC’s shareholders are not included in the public records.
- One Shareholder: A minimum of one shareholder residing in any country is required to form a PLC.
- No Minimum Authorized Capital: There is no minimum authorized share capital for a PLC.
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers