Charitable Status
Pre-Requisites
- The organization must be registered in Dominica as a nonprofit organization.
- The organization must hold a valid nonprofit license.
- The organization must have no authorized share capital.
- The organization’s operations should have no pecuniary gain to its members.
- All profits or other accretions to the assets of the company are to be used in furthering its undertaking.
- The organization should have a Board of Directors with a minimum of three (3) Directors.
- The organization must maintain annual accounts.