In the process of creating a logistics and transportation company in the Dominican Republic, one must consider the recommended legal form, the requirements for creating a transportation company, and the steps to follow.
It is essential to comply with relevant laws and insurance requirements and obtain the commercial license to operate legally in the country as a transportation company.
Steps to Create a Logistics and Transportation Company:
Step 1: Registration with the Chamber of Commerce and Production
The company must be legally registered with the Chamber of Commerce and Production, including the drafting of social statutes and other constitutive documents. This step is fundamental to establish a solid legal foundation and formalize business operations.
Step 2: Obtain the National Taxpayer Registry (RNC)
It is necessary to obtain the National Taxpayer Registry (RNC) from the General Directorate of Internal Taxes (DGII) to fulfill tax obligations and comply with the tax authorities of the country. This ensures transparency and legality of the company.
Step 3: Register the Commercial Name of the Company
The first step to creating a transportation company is to register the commercial name with the National Office of Industrial Property (ONAPI) and comply with the corresponding tax payment.
Step 4: Obtain a Commercial License to Operate
To operate legally in the logistics and transportation sector, obtain the necessary commercial license authorizing your activities in the country. Fulfill the procedures and requirements established by the competent authorities.
Step 5: Compliance with Requirements for Providing Transportation Services
Finally, ensure compliance with all necessary requirements for providing transportation services, including industrial, health, and environmental registrations, to ensure the operability and legality of your transportation company in the Dominican Republic.
Recommended Legal Form for a Logistics and Transportation Company in the Dominican Republic
When understanding the process of creating a transportation company in the Dominican Republic, it is crucial to select the most suitable legal form that ensures proper operation and asset protection. In this regard, the most recommended options are:
Limited Liability Company (SRL):
The Limited Liability Company (SRL) is a flexible business structure with simple constitution that offers shareholders limited liability protection in case of company debts or obligations. This legal form is ideal for medium-scale ventures and allows for efficient company management.
Simplified Anonymous Company (SAS):
The Simplified Anonymous Company (SAS) is another option to consider, especially for projects with growth and expansion prospects. This legal structure provides greater transparency in company management and facilitates investor recruitment. It also offers flexibility in decision-making and equitable distribution of responsibilities among shareholders.
Laws and Insurance in the Logistics and Transportation Sector in the Dominican Republic
Compliance with Legal Regulations:
To operate in the logistics and transportation sector in the Dominican Republic, it is essential to comply with the legal regulations established by the competent authorities. Laws related to the transportation of goods and passengers, as well as regulations on road safety and emissions control, must be respected.
Regulations on Transportation of Goods and Passengers:
- Compliance with vehicle weight and dimension requirements.
- Compliance with speed limits and safe driving rules.
Road Safety and Emission Control Regulations:
- Vehicles must undergo periodic technical inspections to ensure proper operation.
- Compliance with emissions standards to protect the environment.
Necessary Insurance Coverage:
In addition to complying with laws, it is essential to contract the necessary insurance to protect the logistics and transportation company in case of eventualities. The most relevant insurances to consider are:
Civil Liability:
This insurance covers material and personal damages caused to third parties in case of traffic accidents.
Workplace Accidents:
It is important to protect company employees against possible injuries or illnesses resulting from their work.
Third-Party Damages:
This insurance covers possible damages to transported goods or third parties during the provision of logistics and transportation services.
Commercial License Required to Operate a Logistics and Transportation Company in the Dominican Republic
To operate a logistics and transportation company in the Dominican Republic, it is essential to obtain a commercial license authorizing cargo and passenger transportation activities. This license is processed through the National Institute of Transit and Land Transport (INTRANT).
Obtaining the commercial license is a fundamental step in the process of creating a logistics and transportation company, as without this document, it is not possible to operate legally in the sector.
At CONTADORES DOMINICANOS, you will find professionals who can guide you in choosing the best business structure, the steps to follow for registration with the corresponding entities, and the creation of a logistics and transportation company.
