The growth of InAs Quantum Dots (QDs) on InP(100) via droplet epitaxy in a Metal Organic Vapour Phase Epitaxy (MOVPE) reactor is studied. Formation of Indium droplets is investigated with varying substrate temperature, and spontaneous formation of nanoholes is observed for the first time under MOVPE conditions. Indium droplets are crystallized into QDs under Arsenic flow at different temperatures. For temperatures greater than 500ºC, a local etching takes place in the QD vicinity, showing an unexpected morphology which is found to be strongly dependent on the Received: (( ))Revised: (( )) Published online: (( ))