IBC incorporation
Incorporation of a standard offshore company will cost US $ 960 and include the following:
- Government Registration fees for the first year
- Registered office services for the first year
- Registered agent's services for the first year
- Delivery of the documents by FedEx worldwide
- Corporate account opening in Dominican offshore private Bank
Account opening in Dominican offshore private Bank is free of change!
You will receive the following documents:
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Certificate of Incorporation
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Certificate of Good Standing
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Memorandum and Articles of Association
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Appointment of the First Director
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Minutes of the First Meeting
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Register of Directors
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Register of Shareholders
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Share Certificate
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1 set of copies of company corporate documents legalized by Apostille
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Bank introduction kit with login and password to Internet Banking
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Debit card (if requested).
Annual renewal fee US $ 500 is to be paid from the second year at the date of incorporation of the company and include the following:
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Government fee for the tax exemption
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Registered office fees
Commonwealth of Dominica has a closed Registry of directors and shareholders, but if you need more confidentiality we will provide you a nominee service for US $ 200 per year.
In addition to a standard set of incorporation documents you will receive the following:
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Power of Attorney with one year validity (if nominee director has been appointed)
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Declaration of Trust unlimited (if nominee shareholder has been apointed).
Nominee services are to be renewed annually on the date of incorporation of the company. Issue of an updated Power of Attorney (not notarized or Apostilled) is free of charge.
PLEASE NOTE THAT we do not provide a nominee account holding. Attorney in Fact, acting according to Power of Attorney issued by nominee director to the beneficial owner or his/her designate will be a signatory to the account.
Dominican offshore private Bank does not accept cash deposits and does not issue cash to their clients nor does the Bank open anonymous or coded accounts. Cash withdrawal is only available with the use of debit/credit cards.
OID Limited cannot guarantee that an account at Dominican offshore private Bank will be opened. We will do our best to introduce your company to the Bank, help you in collecting necessary documents and correctly filling in the application form. However the last decision is always by the Bank.
Dominican offshore private Bank will not open accounts for the following types of businesses:
- Businesses which should be licensed according to international standards, but are not, such as: Broker Dealers, Mutual and Hedge Funds, Trusts, Security Exchanges, Insurance companies and brokers, Banks;
- Businesses that offer alternative payment systems: e.g. Gold changers, e-cash etc.;
- Businesses which intend to raise funds or capital from the public, sell unregistered securities or MLM (Multi-Level-Marketing) Programs;
- Armament Manufacturers, dealers and their intermediaries;
- Companies whose business is : adult content websites, online casinos, selling fake certificates and diplomas, churches and charities.
