What is the Process of Liquidating a Company?
To liquidate a company or corporation in the Dominican Republic, institutions such as the Chamber of Commerce and the General Directorate of Internal Taxes (DGII) are responsible for dissolving and liquidating companies. What is the liquidation of a company? It is important to understand the liquidation or dissolution process if it has been determined that […]
What Are the Benefits of Commercial Companies?
Do you know what a Commercial Company is and what the benefits of this type of company are for entrepreneurs in the Dominican Republic? A Commercial Company, also known as a Mercantile Company, is an association of one or more people aimed at carrying out one or more commercial acts. In this article, we outline […]
How to Establish a Branch of a Foreign Company in the Dominican Republic
If you’re wondering how to establish a branch or subsidiary of a foreign company in the Dominican Republic, this article will guide you through the requirements for opening a branch and the steps to follow for companies or entities based abroad to set up in the country. Dominican laws outline the requirements for opening a […]
How to Dissolve and Liquidate Commercial Companies in the Dominican Republic?
Companies that decide to cease operations in the Dominican Republic must do so before the General Directorate of Internal Taxes (DGII) and the Chamber of Commerce. A Commercial Company, also known as a Mercantile Company, is an association of one or more persons with the purpose of conducting one or more commercial activities. In this […]
Causes for Dissolution of a Commercial Company
In the Dominican Republic, to legally dissolve and liquidate a commercial company, a process must be carried out to formally close the company. This process must be conducted before all the governmental institutions where the company is registered, primarily the General Directorate of Internal Taxes (DGII) and the Chamber of Commerce to which it belongs. […]
Merger of Commercial Companies in the Dominican Republic
The merger and demerger of Commercial Companies are processes regulated by Law No. 479-08 on Commercial Companies in the Dominican Republic. Commercial companies can transfer their assets to other existing companies through a merger or demerger. In this article, we will tell you about the types of commercial mergers that exist and how you should […]
Business Outlook in the Dominican Republic
n recent years, the Dominican Republic has become one of the best destinations for doing business in Central America and the Caribbean. Besides the natural attributes of the island, the country has solid legal frameworks that support the start of new businesses. What business is profitable in the Dominican Republic? With a stable economy and […]
What are the existing trade agreements and free trade agreements with other countries?
The Dominican Republic is an attractive destination for foreign entrepreneurs looking to invest and start new businesses in this country. The climate, stable economy, and tax incentives offered by the Dominican government to foreign investment are the main attractions of this Central American country. This article lists the trade treaties and international agreements of the […]
What are the regulations, requirements, and processes for registering or establishing a company in the Dominican Republic from abroad?
When forming a company, it is important to know the necessary requirements for its creation. In a previous article, we discussed the creation of companies in the Dominican Republic. In this article, we will tell you about the requirements and processes for obtaining permits and authorizations to operate in the Dominican Republic. We will also […]
What is a Labor Audit?
In the Dominican Republic, companies are subject to a series of labor laws and regulations aimed at protecting workers’ rights. A labor audit is a process that allows companies to verify if they comply with current labor legislation. At Contadores Dominicanos, through our legal team, the labor audit service is aligned with the business and […]
