Establishing a call center in the Dominican Republic requires choosing the appropriate legal entity. The most common options include Limited Liability Company (SRL), Simplified Stock Corporation (SAS), and Corporation (SA).
Recommended Legal Forms for Creating a Call Center in the Dominican Republic
When setting up a call center in the Dominican Republic, it is crucial to select the most suitable legal form. The recommended options are as follows:
Limited Liability Company (SRL):
- A popular choice for small businesses.
- Requires a reasonable and low share capital.
- Needs at least 2 shareholders and 1 director.
Simplified Stock Corporation (SAS):
- Suitable for raising capital easily.
- Requires at least 2 shareholders and 1 director.
- The initial capital is higher than an SRL.
Corporation (SA):
- Indicated for larger companies.
- Ideal for offering shares on the stock market.
- Requires at least 2 shareholders and 3 directors.
Aspects to Consider When Selecting the Appropriate Legal Form
Size of the Company and Specific Needs:
When deciding on the legal form for call centers, it is essential to consider the size and specific needs of the company. A Limited Liability Company (SRL) can be ideal for smaller companies seeking flexibility in their corporate structure and lower initial capital.
Legal Advice and Understanding of Tax Regulations:
Having specialized legal advice and understanding tax regulations is crucial when establishing a call center.
With the help of experts, the legal and tax implications of each legal form can be properly evaluated, ensuring compliance with the current regulations in the Dominican Republic.
Legal and Fiscal Considerations for Establishing a Call Center in the Country
When establishing a call center in the Dominican Republic, it is essential to consider various legal and fiscal aspects that can impact the operation and success of the business.
The most relevant aspects to consider are detailed below:
Law No. 8-90 on the Promotion of Free Zones:
Law No. 8-90 on the Promotion of Free Zones provides a favorable legal framework for the operation of call center companies in free zones in the Dominican Republic.
This legislative piece offers significant tax incentives for companies that decide to establish in these areas, which can result in additional tax and operational benefits for the business.
At CONTADORES DOMINICANOS, we can offer you the necessary advice to establish a call center company in the Dominican Republic.
