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Dominica
Physical Facts |
|
| Population: | 72,514 (July 2008 est.) |
| Location: | Caribbean, island between the Caribbean Sea and the North Atlantic Ocean, about half way between Puerto Rico and Trinidad and Tobago |
| Area: | 754 sq km |
| Climate: | Tropical; moderated by northeast trade winds; heavy rainfall. Average temperatures range from 26oC in January to 32oC in June. |
| Transport | Air, Road, Sea |
| International Direct Dialling prefix: | 1-767 |
| Internet Country Code | .dm |
| Time difference on GMT: | - 4 |
Administrative Facts: |
|
| Status: | An English speaking former British Colony, now a Constitutional Independent Democracy (1978),. Member of the Commonwealth Group of Countries |
| Government: | Unicameral House of Assembly with 30 members, of which 21 are elected representatives, and 9 appointed senators (5 by ruling party) to serve five-year terms |
| Legal System: | Based on English common law |
| International Court Jurisdiction: | Accepts ICJ jurisdiction |
| Language: | English (official), French patois |
| Education system: | Compulsory free education between the ages of 5 and 15. 8 Private primary schools. 1 private secondary school. Higher educational facilities include a teacher training institute, a technical college, a nursing school, and a local centre maintained by the University of the West Indies |
| UK Embassy: | 1 Collingham Gardens, South Kensington, London SW5 0HW Tel: 020 7370 5194/5 Fax: 020 7373 8743 |
Fiscal Facts |
|
| Legal tender & currency: | Eastern Caribbean Dollar which is fixed to the United States Dollar at the rate of US$1.00 to EC$2.70 (official fixed rate) US$ is also legal tender locally. |
| VAT: | 15% (10% on hotel accommodation) |
| Sales Tax: | |
| Import duty: | 0 – 20% depending |
| Export duty: | |
| Banking: | Local and International Banks |
| Annual Government Revenue: | $73.9 million |
| Annual Government Expenditure: | Expenditures: $84.4 million (2001) |
| GDP: | US$ 172.14 million. (invest Dominica 2007) |
| Minimum wage: | Averaging 3-6 US$ depending on industry sector |
| Financial Services Regulation: | No regulatory body but regulation exists under various regulations such as the Offshore Banking Act No. 8 of 1996 |
| Financial Services Regulation Contact Details: | Financial services unit Tel: 767 448 2401 Email: fsu@cwdom.dm |
Tax Facts |
|
| General: | Double taxation treaties with Great Britain, the United States, and CARICOM. |
| Corporate Tax: | 30% |
| Individual – resident: | Sliding scale ranging from 0% - 38% |
| Individual – non-resident: | Witholding tax may apply (15%) |
Featured Provider Title of Dominica
Featured Provider Content of Jurisdiction 20
Featured Provider Content of Jurisdiction 20
Featured Provider Content of Jurisdiction 20
Featured Provider Content of Jurisdiction 20

