OID Limited is a licensed offshore services provider in the Commonwealth of Dominica.
We offer International Business Companies (IBC) incorporation and maintenance, nominee director/shareholder services and opportunity to open multi-currency accounts in Dominican offshore private Bank.
An offshore company provides benefits that deliver financial advantages to the owner and shareholders, depending on the location, the following benefits such as:
- No VAT
- No capital gain tax
- No income tax
or similar taxes for a period of twenty years.
Requirements of an IBC in Dominica
- One director and one shareholder are required to incorporate a company
- Company staff is not required by law
- Company Secretary is not required by law
- Director and shareholder can be the same person.
- Natural person or a corporate entity can be director and shareholder
- Director and shareholder may be of any nationality and residents of any country
- Bearer shares are allowed
- Non par value shares are allowed
- No limitation to the value of Share Capital
- Incorporation and annual fees do not depend upon the value of the Share Capital
- Annual fees are due to be paid at the date of registering of the company, if the company was incorporated on January 1st, 2009, you have to pay the annual fees next year on January 1st, 2010
- Share Capital can be invested in any official currency
- For a minimum of 20 years clients benefit of the tax free exemption guaranteed by the State
- Annual meetings of shareholders can take place in any country in the world. There is no need to meet personally, you can do this by using modern sources of communications after just issuing the letter of meeting
- There is no requirement to come to Dominica to incorporate your company or to conduct the company's activities
- Registrar of the High Court apostils the documents
- Dominica has a closed registry of the directors and shareholders of the company
- Dual taxation treaties with other countries are not signed, therefore no information exchange with other countries' tax authorities will take place
- There is no requirement to file annual returns and prepare financial statements
- Various choices of names for new companies are still available
- Common ending for the company, indicating limited liability and used and recognized internationally such as: Ltd., Limited, Inc., Incorporated, Corp., Corporation, N.V., GmbH, S.A., PLC, LLC, LC, TOO, OAO, etc. are all available.
An Offshore Company registered in Dominica shall not:
- Conduct business with Dominican residents
- Own an interest in real property in Dominica
- Carry on banking, trust, insurance and re-insurance business except if the appropriate license was granted

