Registering a Foreign Branch in the Dominican Republic: Requirements, Sequence and Common Delays For a foreign company, the choice between opening a subsidiary and registering a branch in the Dominican Republic is often decided by one fact: a branch is the same legal person as its parent. That brings simplicity, one balance sheet, one board, […]
Hiring in the Dominican Republic? The Employee List Every Employer Must File by January 15 A foreign-owned company that hires its first Dominican employee acquires, within fifteen days, its first labor-compliance deadline. Dominican regulation requires every employer to file with the Ministry of Labor a certified list of personnel, and to refresh it every year […]
Doing Business in the Dominican Republic: The Legal Framework Behind the Caribbean’s Leading Investment Destination The Dominican Republic did not become the Caribbean’s leading destination for foreign investment, free zones and tourism by geography alone. Behind the numbers sits a legal framework built, over three decades, around a simple proposition: foreign and local capital play […]
The EIRL: How Solo Entrepreneurs Get Limited Liability in the Dominican Republic Plenty of small businesses in the Dominican Republic still operate in their owner’s personal name, which means one lawsuit or one bad contract can reach the owner’s house, car and savings. Dominican corporate law offers a purpose-built shield for the solo entrepreneur: the […]
Dominican Company Incorporation main steps are the following: Search before the Dominican Trademark Office, draft and file the request of registration to obtain a company trade name. Draft by-laws, minutes of the incorporation meeting and related incorporation documents. These may be drafted as private documents or as a notary public act for signing by the […]
Trade Name Registration in Dominican Republic: One-Day Approval and One Common Misunderstanding For years, the slowest step in forming a Dominican company was often the first one: getting a name approved. Executive Decree 260-18 changed that arithmetic, cutting the review and approval of trade name applications to a single working day. The decree amended articles […]
Employment in Dominican Republic is regulated by the provisions of Law 16-92 of May 29th of 1992, which approves the DR Labor Code, to establish the rights and obligations of employers and workers and promote the means to reconcile their interests. Among the topics covered in the labor code are minimum wages, maximum hours of […]
On January 3th of 2017, The Judicial Branch Council (CPJ acronym in Spanish) of the Dominican Republic issued an Act which establishes the halls for the liquidation and restructuring courts for companies and individuals traders. The First Hall of the Civil and Commercial Chamber of First Instances of the National District and second Hall of […]
Dominican Branch may be registered by foreign companies interested in doing business in the Dominican Republic (DR). Under Dominican law, a registered foreign company branch office can enter into contracts and execute and settle transactions in its own name, and can sue and be sued at its place of business. In order to successfully complete […]
Dominican company corporate maintenance services to meet legal requirements is essential for every registered company in Dominican Republic. Companies must file for their business register within the following month after their incorporation, and the same should be renewed every two years. On the other hand, changes of domicile or other which may give rise to […]
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