A new company in Dominica is exempt from corporate taxation for 20 years, and can be used for investment activity, international trade and property holding purposes. Just one shareholder and one director are required for a company, which can be created in as little as two days. No public filing of directors and shareholders is required, and board meetings conducted remotely via Skype or other teleconferencing are permitted. Bearer Shares are allowed, making this a good value option for creating an offshore company.
