Como crear, constituir, formar una sociedad, compañía o empresa en República Dominicana - Características de la creación de una sociedad Dominicana - Requisitos - +34 865 61 76 64 - Zepol Alverres Management.
Dominican Republic

CREATE A COMPANY IN THE DOMINICAN REPUBLIC
IMPUESTO SOCIETY - 28% -

Incorporate, form or create a company in the Dominican Republic

Country characteristics:
Geographic location: Country of the Greater Antilles.
Political regime: Republic.
Population 10,766,998 inhabitants (2017).
Idiom: Spanish.
Currency: Dominican Peso (DOP).
Time zone: GMT-4.

PRESENTATION
The Dominican Republic is a country in the Antilles located in the eastern part of an island that it shares withHaiti. This democratic republic combines the republican model and the British system.
Although the island's economy is mainly concentrated on tourism and agriculture, there have beennumerous reforms in recent years with the aim of favoring and developing other sectors such asoffshore / international financial services to attract foreign investors and companies through
an attractive fiscal policy.

SOCIETY CREATION
The legislation of the Dominican Republic is based on the International Business Companies (IBC), foundedin a limited liability company filed as follows: Ltd (Limited), SA (Société Anonyme) andSARL (Société Anonyme à Responsabilité Limitée).
The incorporation of a company in the Dominican Republic is especially interesting for Call Centers, forthe availability of qualified and multilingual workforce (French, Spanish, English, Italian and Portuguese) and bythe existence of technical infrastructures with good benefits and at very attractive prices.
The most frequently used types of company are the SRL (Société à Responsabilité Limitée) and the SA(Société Anonyme).

SOCIEDAD SRL
• A minimum of two shareholders / partners required: There are no residency requirements ornationality. In the case of foreign shareholders, it is mandatory to have a legal representative on site.
• At least one administrator / manager (At least one with residence in the DR), which can also bepartner.
• The legal representative can be a natural or legal person.
• Ordinary General Assembly: It must be held annually.
• The minimum capital required is 100,000.00.- DOP. The fees that correspond to each partner are nottransferable to a third party without the prior consent of the 3⁄4 of the remaining partners.
• Registered and bearer shares.
• There is no obligation to appoint an auditor.
• Maintenance of accounting is not required.

SOCIEDAD SA
• A minimum of two shareholders / partners required: There are no residency requirements ornationality. In the case of foreign shareholders, it is mandatory to have a legal representative on site.
• Minimum 2 administrators / managers (at least one with residence in the DR), who can bealso partners.
• The legal representative can be a natural or legal person.
• Ordinary General Assembly: It must be held annually.
• The minimum capital required is DOP 30 million. The share capital is divided into shares freelytransferable and the nominal value of each share must not be less than 100.00.- DOP.
• Registered shares only.
• Obligation to appoint an account auditor.
• Obligation to maintain the accounting.

TAXATION
The Dominican Republic enjoys free trade agreements signed with numerous states. Theseagreements allow it to attract more and more foreign investors.
• CARIFORUM countries (LAC RD - CARICOM).
• Central America (LAC RD - Central America).
• Panama (AAP RD - Panama).
• United States (DR - CAFTA).
• Europe (EPA).

THE INDICATED TAXES ARE SUBJECT TO DEDUCTIONS THAT MAY REACH THETOTAL EXONERATION.
(Consult our accounting experts for personalized advice).

SOCIEDADES SARL Y SA
• Annual government fee: 150.00.- USD.
• Corporate tax: 29% (in 2013).
• Tax on dividends: 25%.
Exemption on income from abroad during the first 3 years for foreignersresidents of the Dominican Republic.
• VAT - ITBIS: 18% (in 2013 and 2014), then 16% (in 2015).
• There are no taxes on capital gains or rental income.
• Obligation to maintain and present accounts for SA only.

Characteristics of the creation of a Dominican society:
Kind of society: SRL and SA.
Capital needed:
- SRL: 100.000.00.- PDO.
- SA: 30,000,000.00.- PDO.

Links of interest:
Dominican Republic government website: http://www.gob.do/

Are you interested in our services? We are here to help you!

We want to know exactly what your needs are in order to offer you the best solution. Tell us what you need and we will do our best to help you.
Make an appointment
Share by: