Taxation

Tax information for individuals, Companies and organisations

  1. 1
    Capital Gains Tax
    There is no capital gains tax in Dominica
  2. 2
    Retirees
    Persons who retire in Dominica are exempt from taxes on income earned from a source outside Dominica, providing that such persons were not resident in Dominica prior to retirement.
  3. 3
    Export Allowance
    Dominica provides companies with a further tax concession effective at the end of the tax holiday period. In effect, it is a rebate of a portion of the income tax paid based on export profits as a percentage of total profits.
  • Companies and individuals residing in Dominica are subject to taxes on their income.
  • Persons who retire in Dominica are exempted from taxes on income earned from a source outside of Dominica. However, the person should not have been resident in Dominica prior to the retirement.
  • Dominica has a tax treaty with Great Britain, the United States, and CARICOM countries to prevent double taxation of income earned in Dominica.
Tax Rates: Percentages
Corporate Tax 25%
Value Added Tax 15% on all goods & services
Value Added Tax 10% on Hotel Accommodation
Environmental Levy 1% or 1.5% (based on items)
Alien Land Holding Licence Fee 10% of the value of property
Customs Service Charge 4%
Excise Tax: Motor Vehicles 28%
Personal Income Tax: Percentages
From $0 to %25,000 0%
From $25,001 to $45,000 15%
From $45,001 to $75,000 25%
From $75,001 and above 35%
Land Transfer Tax: Percentages
Assurance Fund Fee 1% of value
Judicial Fee 2.5% of value
Stamp Duty (buyer) 4% of value
Stamp Duty (vendor) 2.5% of value
Solicitor’s Fee 3% of value on which a 15% VAT is payable