Company Registration in the Dominican Republic
Why Register a Business in the Dominican Republic?
Registering a company in the Dominican Republic offers business owners low corporate taxes, 100% foreign ownership, and a growing market with many investment opportunities.
Main Types of Companies
• SRL (LLC Equivalent) – Suitable for small and medium businesses.
• SA (Corporation Equivalent) – Ideal for larger businesses.
• EIRL – A sole proprietorship with limited liability.
Requirements for Registration
• Company name registration (ONAPI approval).
• Company bylaws (legal business purpose and structure).
• Tax Identification Number (RNC).
• Registration in the Mercantile Registry.
• Minimum of 2 shareholders for SRL and SA.
• Corporate bank account setup.
Time & Cost
• Processing time: 3 to 6 weeks.
• Cost: $1,500 – $3,000 including legal services.
Post-Registration Steps
• Open a corporate bank account.
• Obtain licenses (if required).
• Register employees in the social security system.
• Tax reporting and accounting (DGII compliance).
Benefits of Registering a Business in the Dominican Republic
✔ 100% foreign ownership allowed – no local partner required.
✔ Low corporate tax (27%) with available incentives.
✔ Minimal bureaucracy and fast processing.
📩 Contact us today to start your business in the Dominican Republic!