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 inform you about the main cities and regions for establishing businesses in Dominican territory.
Requirements and Processes for Obtaining Permits and Authorizations to Operate in the Dominican Republic:
These vary depending on the type of activity or business you want to establish. Below are some of the licenses and permits required to open a business in the Dominican Republic:
Company Registration:
- Those interested in establishing a company in the Dominican Republic must register with the corresponding Chamber of Commerce and Production and obtain a Tax Identification Number (NIT) from the General Directorate of Internal Taxes (DGII).
- A company registration application must be submitted, providing information about the structure, objectives, activities, and other relevant details.
Construction Permits:
- Construction permits are granted by the Ministry of Public Works and Communications (MOPC) and local municipalities.
- An application must be submitted, including detailed plans and specifications of the construction, as well as information about the owner and the contractor.
- An inspection is carried out to verify that the construction complies with local norms and regulations.
Health and Safety Permits:
- Companies operating in the Dominican Republic must comply with health and safety requirements set by the competent authorities.
- Food and beverage establishments must obtain a sanitary permit from the Ministry of Public Health and Social Assistance (MSPAS) and comply with hygiene and food safety regulations.
- Companies that work with hazardous materials must obtain special permits from the Ministry of Environment and Natural Resources.
Licenses for Specific Activities:
- Some commercial activities require special licenses, such as the sale of pharmaceutical products, cargo transportation, and casino operations, among others.
- The requirements set by the corresponding authorities must be met, and a detailed application must be submitted, including information about the activity, the responsible parties, the location, and other relevant details.
It is important to note that licenses and permits for a company may change over time, and those interested in establishing a company or activity in the Dominican Republic should stay updated with the norms and regulations established by the competent authorities.
What are the main cities and regions to establish a business in the Dominican Republic?
The Dominican Republic has several cities and regions that are attractive for establishing a business, depending on the sector and specific needs of each company. Some of the main cities and regions to establish a business are:
Santo Domingo:
The capital of the Dominican Republic is the economic, political, and cultural center of the country and is also the largest and most populated city. Santo Domingo has a large number of companies and industries, including tourism, financial services, technology, and manufacturing.
Punta Cana:
This city is one of the main tourist destinations in the Dominican Republic, making it an attractive place to establish a business in the tourism sector. Punta Cana has a large number of hotels, resorts, and restaurants, as well as a well-developed tourism infrastructure.
Santo Domingo:
This city is the second economic center of the country, after Santo Domingo. Santiago de los Caballeros is known for its commercial activity and as an industrial city, especially in the manufacturing sector.
La Romana:
Located on the east coast of the country, La Romana is another important tourist city with a large number of hotels and resorts, as well as a sugar and rum production industry.
Free Zones:
The Dominican Republic has several free zones throughout the country, which are areas specifically designated for the production and export of goods. These zones offer tax incentives and other benefits for companies established there, making them very attractive for the manufacturing and export sector.
Now that you know the permits needed to create a company in the Dominican Republic, at Contadores Dominicanos we have professionals in legal support who are ready to help you throughout the process of creating your company or corporation.
