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CONTADORES DOMINICANOS

License and Renewal of Importer of Petroleum Derivatives

The License and Renewal of Wholesale Distributor of Liquid Fuels refers to the authorization granted by the competent authorities of the Dominican Republic to companies or individuals to operate as wholesale distributors of liquid fuels, such as gasoline, diesel, fuel oil, avtur, and kerosene.

This license allows wholesale distributors to purchase bulk fuels directly from suppliers and then sell them to other businesses or retail service stations.

At Contadores Dominicanos, we guide you through the entire application and renewal process for this license.

Procedure to obtain a License for Importer of Petroleum Derivatives:

To obtain this license, interested companies or individuals must meet a series of requirements and undergo a technical and legal evaluation and verification process.

This includes demonstrating the financial and operational capacity to safely store and distribute fuels, complying with environmental and safety regulations, and ensuring an adequate and efficient supply of fuels.

The procedure to obtain the Wholesale Distributor License of Liquid Fuels in the Dominican Republic involves the following steps:

License Application:

  • Submit a formal application to the Ministry of Industry, Commerce, and MSMEs (MICM) of the Dominican Republic to obtain the Wholesale Distributor License of Liquid Fuels.
  • Provide the required documentation, which generally includes the applicant’s identification, company registration, bank references, business plan, among others.

Technical Evaluation:

  • The MICM will conduct a technical evaluation of the application and verify that the applicant meets all the legal and technical requirements to operate as a wholesale distributor of fuels.
  • The applicant’s financial and operational capacity will be assessed to ensure a safe and efficient supply of liquid fuels.

Inspection and Verification:

  • An inspection of the proposed fuel distribution facilities will be conducted to ensure compliance with the safety and environmental standards established by the authorities.

Approval and License:

  • Once all requirements are met and the application is approved, the MICM will issue the Wholesale Distributor License of Liquid Fuels to the applicant.

Procedure to obtain the Renewal of Importer of Petroleum Derivatives:

The annual renewal of this license is required to continue legally operating as a wholesale distributor of fuels.

During the renewal process, a new verification of compliance with requirements is conducted to ensure that the company continues to operate appropriately and complies with current regulations.

The procedure to obtain the Renewal of the Wholesale Distributor License of Liquid Fuels in the Dominican Republic involves the following steps:

Annual License Renewal:

  • For the annual renewal of the Wholesale Distributor License of Liquid Fuels, the applicant must submit a renewal application before the expiration date.
  • A similar document and technical verification process will be carried out as in the initial application process to ensure that the distributor continues to meet the legal and technical requirements.

It is important to note that the requirements and procedures may vary, and it is recommended to consult directly with the Ministry of Industry, Commerce, and MSMEs of the Dominican Republic for updated and detailed information on the process of obtaining and renewing the Wholesale Distributor License of Liquid Fuels.

Our services include:

  • Legal advice on gathering the necessary documents and requirements for the license application.
  • Preparation and drafting of the application for the petroleum derivatives importer license, ensuring that all legal requirements are met.
  • Submission of the required documents to the competent authorities.
  • Follow-up on the evaluation process and response.
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