| Dominica Corporate Banking (non-MLAT) General: We are able to assist clients with the opening of an offshore bank account with our preferred partner in the Caribbean Island of Dominica, at one of the largest private banks in the country.
Currently there is no active MLAT, Mutual Legal Assistance Treaty between Dominica and the US or EU. MLAT's are used by the US and EU to seize bank accounts in almost every jurisdiction in the world including Panama that has a MLAT treaty.
The bank accounts combine several advantages. The most important one is privacy and possible reduction of taxes depending on your countries laws. You can increase your level of privacy and asset protection by simply registering a Belize IBC and obtaining an International bank account and direct your funds offshore. The offshore bank account also provides the highest level of banking secrecy. There is no check on your credit history. Offshore banks offer the highest level of privacy protection and are tax free. What is needed to open an offshore bank account? Opening an offshore bank account is a little more complicated than opening a traditional bank account, although it is not much different than opening a business accounts at a US Bank. Offshore Privacy Ltd has a relationship with major offshore banks and will assist you every step of the way. - Certified copy of the Certificate of Incorporation and Articles of Assocation with letter of good standing if you provide your own corporation
- Certified copy of your passport
- Original Utility Bill
- Bank or professional reference for the applicant
- Completed banking applications and forms which we provide
How much do you need to deposit to open a Dominica account? The minimum balance is $ 5000 USD. How do I deposit funds? It is very simple to deposit funds in an offshore corporate account. You can simple write a check to your new IBC business name, wire funds or if traveling deposit cash subject to the laws of the country you in bank in. Note: Funds are sent directly to the bank and our firm will never know your personal banking information. All secret pins and passwords are mailed directly to your home or office. How do I withdraw money - What about Internet banking? All of our offshore banks offer full Internet banking with the ability to send and receive wires over the Internet, bill paying and a host of offshore credit, debit and ATM cards to access your funds anywhere in the world. Today is is as easy to access your offshore funds as it is your onshore funds. Price: $ 399 plus $ 90 courier Fees: Offshore banks may have slightly higher fees than traditional banks depending on the amount you have on deposit however there are no income taxes, capital gains taxes, estate taxes or taxes on interest earned. Most offshore banks will waive annual fees for certain deposit levels. Dominica Personal or Corporate Bank Account only - $ 399
 Belize IBC & Dominica Corporate Account - € 899 plus courier plus € 50
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