COMMONWEALTH OF DOMINICA INTERNET SPORTS BOOKS, “800” NUMBER AND CYBER-CASINO BUSINESS
All Internet gaming business in Dominica, operate under the terms of an agreement drawn up between the gaming company and the Government of Dominica. The gaming business is STRICTLY OFFSHORE and any agreement will be specifically strong on this issue. All gaming companies must register under the International Business Company Act of Dominica. The Financial Services Unit of the Ministry of Finance is the governmental administrative body responsible for the development and the overseeing of this sub-sector.
Any company licensed to operate on-line gaming business in Dominica automatically avails itself to many advantages. The telecommunications system here is one of the world's most advanced system; allowing for immediate and easy communication with the rest of the world.
Available in Dominica is a large, young and trainable work force. Where companies must import technical and managerial personnel, work permits for those persons will be available, through the normal procedure.
Offshore businesses domiciled in Dominica do enjoy generous fiscal incentives and certain tax exemptions. Custom duty concessions are given for imports needed to carry on Internet gaming. Immunity is granted to on-line gaming companies from income tax, with holding tax, sales tax and other taxes. Offshore companies, such as on-line gaming companies are not subject to foreign exchange control.
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