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Promote:Dominica

Invest in Dominica

A short guide for companies expanding into Dominica: the economy at a glance, the rules and steps to set up, and who can help, each with its source.

1. Dominica at a glance

The currency is the Eastern Caribbean dollar, shared with seven other members of the Eastern Caribbean Currency Union.

Source: IMF, Dominica 2026 Article IV Consultation, Country Report 26/117⁠ (opens in a new tab) · as of October 30, 2026

2. Before you set up

The investment agency, any one-stop route, the sectors reserved for nationals and the zones, as the guide found them.

3. Steps to set up

The main steps, in order, each with the body responsible and its official page.

Setting up in Dominica

  1. Check the name, then incorporate the company or register the business name at the Companies and Intellectual Property Office.Companies and Intellectual Property OfficeCertificate of incorporation: EC$750 for an ordinary companyOfficial page⁠ (opens in a new tab)

    Source: Companies and Intellectual Property Office, company fees⁠ (opens in a new tab) · as of October 30, 2026

  2. Register with the Inland Revenue Division for a tax number, and apply for a VAT number if your activity is taxable.Inland Revenue DivisionOfficial page⁠ (opens in a new tab)

    Source: Invest Dominica Authority, Start a Business⁠ (opens in a new tab) · as of October 30, 2026

  3. Register the business and its staff with Dominica Social Security.Dominica Social SecurityOfficial page⁠ (opens in a new tab)

    Source: Invest Dominica Authority, Start a Business⁠ (opens in a new tab) · as of October 30, 2026

  4. Apply to the Invest Dominica Authority for incentives; it recommends to Cabinet, which decides the type and amount.Invest Dominica AuthorityOfficial page⁠ (opens in a new tab)

    Source: Invest Dominica Authority, Incentives⁠ (opens in a new tab) · as of October 30, 2026

Show 4 more set-up steps
  1. Get a fisheries license or building permission from the Fisheries Division or the Physical Planning Division, where they apply.Fisheries Division; Physical Planning DivisionOfficial page⁠ (opens in a new tab)

    Source: Invest Dominica Authority, Start a Business⁠ (opens in a new tab) · as of October 30, 2026

  2. Apply for work permits for non-national staff through the Labour Division’s eServices.Labour DivisionFee listed by the Invest Dominica Authority: EC$800 non-CARICOM, EC$250 CARICOMOfficial page⁠ (opens in a new tab)

    Source: Dominica Labour Ministry, home page⁠ (opens in a new tab) · as of October 30, 2026

  3. Check the alien land holding license rules before you buy land as a non-national.Invest Dominica AuthorityLicense fee: 10 percent of the land valueOfficial page⁠ (opens in a new tab)

    Source: Invest Dominica Authority, Purchase of Land⁠ (opens in a new tab) · as of October 30, 2026

  4. Apply to the Ministry of Finance for a foreign currency bank account if you earn foreign income.Ministry of Finance, Economic Development, Climate Resilience and Social SecurityOfficial page⁠ (opens in a new tab)

    Source: Invest Dominica Authority, Banking and Insurance⁠ (opens in a new tab) · as of October 30, 2026

4. Organizations that help investors

Start with IDA and Customs. Each card links to the organization’s own site.

Each card says what it can help with:Get adviceFind financeMeet requirementsResearch markets

Investment and business setup

Show 3 more organizations

Customs and tax

Show 1 more organization

Chambers and industry associations

Show 1 more organization

5. Worth knowing

Show 1 more

  • Land for non-nationals

    The Invest Dominica Authority says a non-national needs a license above one acre residential or three acres commercial, paying 10 percent of value.

    What to do: Confirm the current thresholds and fee with the Invest Dominica Authority before you sign a land contract.

    Source: Invest Dominica Authority, Purchase of Land⁠ (opens in a new tab) · as of October 30, 2026

6. How Promote:Global helps

  • Compare Dominica with other countriesSet Dominica beside other countries on investment momentum, fundamentals and trade access, before site, tax and legal work.
  • Find advisors and service firmsAsk an advisory firm a scoped, paid question, or browse firms that list their own services, from legal work to logistics.
  • Organize your next stepsKeep each product and market in a project, with a roadmap of steps you work through.

Turn this guide into your Dominica project.

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Promote:Dominica is an independent guide by Promote:Global, not an official government portal. The organizations named here are independent public and membership bodies, not Promote:Global partners, and every link goes to their own site.

Facts read from public sources, with an editorial cut-off of October 30, 2026. Nothing here is investment, legal, tax or sanctions advice. Check current status with the organization before you rely on it.