Registering an Incorporation
How to Incorporate Your Business in the Commonwealth of Dominica
When setting up a business in Dominica, you must decide on the type of business entity you want to set up. If you have decided that you want to create a non-profit, a limited liability company, corporation, or a partnership, then you will have to register that business.
- A business name is a name used for a business which-
- in the case of an individual or partnership, is different from the name(s) of the proprietor(s), and
- in the case of a company, is different from the company’s corporate name.
All business names must be registered. It is an offence to operate a business under a business name which has not been registered.
The law regarding business names is set out in the Registration of Business Names Act [Chap. 78:46] and the Business Names Rules, 2011.
- A sample of the incorporation form must be collected from the Companies and Intellectual Property Office, edited and printed on deed paper.
- Statutory declaration must be prepared by an Attorney.
- A registration fee of EC$750 (US$277.00) must be paid at the Companies and Intellectual Property Office. A postage stamp of EC$5.00 (US$2.00) must be submitted with the completed form to be placed on the statutory declaration.
- The name of the company must contain the words Limited, Corporation or incorporated or the abbreviated version.
- Please note that all business names should be first checked with the Companies clerk to ensure availability
- Company’s return should be file on or before the 2nd day of April each year.
- Also, in order to keep the business name on the register, an annual fee based on the stated share capital must be paid.
- A sample of the incorporation form must be collected from the Companies and Intellectual Property Office, edited and printed on deed paper.
- Statutory declaration must be signed before a Commissioner for Oaths in the Companies and Intellectual Property Office. Picture identification must be presented before signing.
- A registration fee of EC$90 (US$34.00) must be paid at the Companies and Intellectual Property Office. Each person signing as a proprietor of the business name must also present a postage stamp of EC$10.00 (US$4.00).
- The name of the business must not imply that is a company as registration can be denied due to the name being misleading. The business name cannot include the words Limited, Corporation, Incorporation or the abbreviations of these words.
- Please note that all business names should be first checked with the Companies clerk to ensure availability
- Also, in order to keep the business name on the register, an annual fee of EC$50.00 (US$19.00) must be paid. The business must file annual returns on or before the 2nd day of April each year. The fee for filing annual returns is EC$10.00 (US$4.00)
- Registration $70.00
- Statement $20.00
- Annual fee $50.00
- Filing of an annual return $10.00
Also, in order to keep the business name on the register, an annual fee of EC$50.00 (US$19.00) must be paid. The business must file annual returns on or before the 2nd day of April each year. The fee for filing annual returns is EC$10.00 (US$4.00).
For further information visit website: www.cipo.gov.dm
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