Dominican Republic- Business News and Updates


Legal updates and changes, regulatory updates, industry reviews, legal advice, accounting advice, Q&A with experts, and more.

How to Liquidate a Company in the Dominican Republic?

How to Liquidate a Company in the Dominican Republic?

Foreign executives often choose the Dominican Republic as a gateway into the Caribbean, as the country has a steady, growing, and reliable economy. The Dominican Republic offers multiple benefits that ease corporate taxes and facilitate immigration processes for foreign companies and investors. Likewise, local authorities allow the internalization of capital as a way to attract foreign investment. Nevertheless, as commercial projects may not turn out as expected or more promising...

What are Companies’ Accounting and Tax Requirements in the Dominican Republic?

What are Companies’ Accounting and Tax Requirements in the Dominican Republic?

When it comes to setting up a business in the Dominican Republic, you must consider all local regulations, including accounting and tax requirements. In this way, you will ensure a smooth market entry and avoid compliance issues. To support your company incorporation and ongoing operations in the Dominican Republic, be aware of and comply with the following accounting and tax requirements. Accounting and tax requirements Executives doing business in the Dominican Republic must be aware of...

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

Perceptions of Doing Business in Latin America: Cautious Optimism For Future Growth and Opportunities

In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. In June 2020, the Biz Latin Hub team launched a survey asking for information about individuals’ perceptions about doing business in Latin America. We received a range of responses from 75 business owners, executives, government officials and other specialists operating in over 40 countries worldwide. 57.3% of respondents are considering expanding...

Overview of Import and Export Regulations in the Dominican Republic

Overview of Import and Export Regulations in the Dominican Republic

Read more about the import and export regulations in the Dominican Republic as the export process in the Dominican Republic is regulated by laws, decrees, and regulations. This conforms to the different government institutions and agencies that participate in it. Besides, private companies that contractually with the government manage parts of the process particularly in management from ports and airports. Documentation required for exporting to the Dominican Republic Name registration in...

CEO Luis Santiago Discusses DigiHealth, Entrepreneurship in Chile and the Dominican Republic

CEO Luis Santiago Discusses DigiHealth, Entrepreneurship in Chile and the Dominican Republic

Tune in to our latest interview with industry expert Luis Santiago, who discusses digital health and entrepreneurship in Chile and the Dominican Republic. Biz Latin Hub’s Maja Gaukstern had the great pleasure of connecting with Luis Santiago, CEO of PEGASI, a company specialized in digital health and the smart management of healthcare information. With a solid base in Venezuela, PEGASI is currently expanding into Chile and the Dominican Republic. “Leading a start-up is based on technical...

Survey: Help Us Understand Current Attitudes on Doing Business in Latin America

Survey: Help Us Understand Current Attitudes on Doing Business in Latin America

Take our short survey and share your perceptions about the current and future outlook for doing business in Latin America: Perceptions of doing business in Latin America | Hacer negocios en América Latina We are seeking to understand general attitudes about working or doing business in Latin America, and understand what individuals and companies may be planning for the future. We are seeking to understand general attitudes about working or doing business in Latin America, and understand what...

Benefits of Doing Business in the Dominican Republic

Benefits of Doing Business in the Dominican Republic

The benefits of doing business in the Dominican Republic attract prospective businesses from all over the world. The country is located in the heart of the Caribbean, in the Hispaniola island, where Eastern and Western values meet. It creates an ideal climate for business development.  As a country with a unique culture, history, and business climate, the Dominican Republic has a lot to offer. As part of the Caribbean Community (CARICOM), the Central American Free Trade Agreement (CAFTA),...

Overview of the Dominican Republic’s Free Trade Agreements

Overview of the Dominican Republic’s Free Trade Agreements

The Dominican Republic is member of numerous free trade agreements. In addition, the country has established more than 50 free trade zones, the “Zonas Francas”. More than 500 companies are still operating actively in these zones, taking advantage of various tax exemption for 15 years. As the country's economy mainly depends on exports, the country primarily designated these zones for export production. Approximately half of the companies engage in textile and clothing production for the US...

What are the Legal Entities in the Dominican Republic?

What are the Legal Entities in the Dominican Republic?

Executives should be aware of the different legal entities in the Dominican Republic in order to choose the right one for their company incorporation. Market observers have recognized the Dominican Republic worldwide as one of the best and top travel destinations for tourists in the Caribbean. However, this island has so much to offer as well for business owners looking to enter the Caribbean region. According to the World Bank, the Dominican Republic has the second-highest GDP figures in the...

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