Dominica

Paying Taxes in

Dominica

Listed below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as measures of administrative burden in paying taxes.

The information appearing on this page was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 183 economies. The most recent round of data collection for the project was completed in December 2010.

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To see indicator data for all economies, see the Paying Taxes page. To see how economies rank, see the Rankings page.

Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% profit) Notes on TTR
Corporate income tax 5 15 30.0% taxable profits 25.9
Social security contributions 12 48 7.0% gross salaries 7.9
Property transfer tax (stamp duty) 1 2.5% property value 1.5
Municipal tax 2 1.3% property value 1.2
fuel tax 1 included in the fuel price 0.5
Business license 1 fixed fee 0.3
vehicle license 1 fixed fee 0.1
Tax on check transactions 1 per check 0
Stamp duty on contracts 1 varies type of contract small amount
VAT 12 57 15.0% value added not included
Totals: 37 120 37.5
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