close

Newsroom

MGI LT Accountant & Asociados of MGI Latin America publishes Spanish language Doing Business in the Dominican Republic Guide for MGI Worldwide global accounting network members

21st August 2019

MGI World Domincan Republic monument with MGI LT Accountant & Asociados Asesores y Auditores logo overlaid

MGI Latin America member firm MGI LT Accountant & Asociados Asesores y Auditores, located in the Dominican Republic, authors a new Spanish language Guide to Doing Business in the Dominican Republic, providing an overview of the legal and business environment to fellow members who are interested in investing in this Caribbean region.

Geography

The Dominican Republic is located in the central area of the Greater Antilles archipelago of the Caribbean region, occupying the eastern two-thirds of Hispaniola island. Its capital and the most populous city is Santo Domingo. It is bordered to the north by the Atlantic Ocean, to the east by the Mona Passage, which separates it from Puerto Rico, to the south by the Caribbean Sea and to the west by Haiti, which is the other country located in Hispaniola. It has an area of 48 730 km2 and its current population is estimated at about 10.7 million inhabitants.

Starting a business in the Dominican Republic

Depending on the type of company, the business structure, and economic activity, there are a few questions that should be taken into account:

  • Type of business investment
  • If the business involves bringing money, machinery, technology, personnel, etc. from abroad
  • Investing in which economic sectors
  • The geographical location (there are specific free zones)
  • Grants or incentives offered to foreign investors
  • If the business is an internal activity or an import/export business
  • Temporary or permanent business
  • If the business requires local partners
  • Type of company, whether it will be a branch or a subsidiary of the foreign company
  • Requirements for company registration and formation

Click HERE to view the full Doing Business in the Dominican Republic Guide in Spanish

About MGI LT Accountant & Asociados Asesores y Auditores

MGI LT Accountant & Asociados Asesores y Auditores is an accounting and financial consulting firm providing professional support to their clients at every level. From initial planning to identifying and controlling risks, and optimizing investments, MGI LT Accountant & Asociados Asesores y Auditores aim to assure their clients' continued success in future years.

For further information visit the firm’s online profile page or their firm website.

MGI Latin America is part of MGI Worldwide, a top 20 ranked global accounting network with some 5,200 independent auditors, accountants and tax experts in over 260 locations around the world.

Read more on Doing Business Guides and Latin America

MGI World Mine slag heap at sunset with text

Do you have clients with business interests in Africa? MGI Strong Nkv, of Democratic Republic of Congo, produces a detailed NEW Doing Business Guide

14th April 2021

The Democratic Republic of Congo (DRC) is a land of multiple potentials and investment...

MGI World Map of south america in coloured dots with blue text

MGI Worldwide CPAAI firms continue to consolidate the MGI Latin America brand across the region and strengthen relationships in their latest round of sub-region meetings

23rd March 2021

February marked the start of MGI Latin America’s meeting season as firms across the region came...

MGI World Group picture of Chambonett employees with text under

Confident it will help improve and grow the firm, Panama-based CPA / Tax Chambonett y Asociados, become next LATAM firm to join MGI Worldwide from CPAAI.

11th March 2021

Activity in the Latin America region is gathering pace, with more firms beginning the transition...