This Is How You Can Launch a Business in Dominica Right Away
Do you have what it takes to be your own boss? If yes, why delay starting your own business? When you plan to start your own business, Dominica is the place to choose. It’s a hotbed of opportunities for budding entrepreneurs, due to its friendly government fiscal policies and affordable business setup.
If you need help in registering a company in Dominica, we are here to help. We provide a range of services including corporate business services, Medical School License in Dominica and many others.
It might surprise you when you find how easy it is to start a business in Dominica. So continue reading if you’re ready to accomplish your ambitions of being an entrepreneur!
Determine Business Structure
When starting a business in Dominica, you have different options for its structure. Before you register company in Dominica, pick the structure that suits your company’s size, type of business, and ownership style best.
The main business structures in Dominica include:
• Sole Proprietorship, Partnership
• Limited Liability Company (LLC)
• Corporation
Get your Business Officially Recognized by the Government
- Register online with the Companies Registry. Just hop onto the Companies Registry website and fill out a simple online form or register through a firm of lawyer like ww.cclawpractitioners.co.uk
- You can also register through WhinChester Corporate PowerHouse
- If selling goods/services, register for VAT by applying to the Inland Revenue Division.
- Set up a business bank account at any commercial bank in Dominica.
Starting a Business in Dominica is Easy
Once done, it’s Congratulations! You're officially in business in Dominica
Get your Employer Identification Number (EIN)
An Employer Identification Number (EIN) is required for tax purposes when starting a business in Dominica. Using the IRS website, applying for one is simple.
Starting a business abroad can be confusing. Reach out to WhinChester for expert guidance in getting started. Contact us now to learn how we can assist you in starting a Caribbean business.
It’s free and takes just a few minutes to apply. Once you have your EIN, make sure to include it in all your business paperwork and filings.
This facilitates hassle-free travel and enhances business prospects globally. Additionally, Dominica’s favorable tax policies, including no wealth, no inheritance, no capital gain taxes, no worldwide income tax, no exchange control, no restriction on repatriation of money creates an attractive environment for entrepreneurs and investors.
For more information consult WhinChester at:
- + [971] 52 208 9024
- +1 [767] 440 8800
- +1 [767] 275 8800
- +[971] 58 645 3924
- services@whinchesterpowerhouse.co.uk
- dominicaoffices@whinchesterpowerhouse.co.uk
- dubaioffices@whinchesterpowerhouse.co.uk
- 1/Flr British American Commercial Bldg. Office - Unit 1003B No. 4 Cross Lane, Roseau Commonwealth of Dominica