We can assist with the incorporation of a Dominican Republic company. The most common company structure is the Sociedad de Responsabilidad Limitada S.R.L. (Limited Liability Company). This company type is similar to that of an Ltd in the UK and GmbH in German.
Company Structures Company Law (“Ley de Sociedades”) governs company formation in the Dominican Republic. The law imposes few capital requirements, but unlike some countries, Dominican companies are subjected to the same tax treatment regardless of structure.
Company Name
The company name must be unique and not deceptively similar to any other company registered in Dominican Republic. We are able to conduct a company name check to ensure your proposed company name will be approved by the Dominican Republic authorities.
Registered Office
Any company registered in the Dominican Republic must hold a registered office. This is where official company documents will be served and also where the company shareholders and directors must be kept. We can provide this service.
Directors
There is no requirement for a Dominican resident director, directors can be of any nationality. As a Director you will be required to provide your full name, nationality, occupation, marital status, address and a copy of your passport.
Shareholders
In order to incorporate a Dominican Republic SRL there is a minimum of two shareholders required. Shareholders can be of any nationality.
Share Capital
Minimum share capital investment of 100,000 Dominican pesos approx. US$2,700 is required to incorporate a SRL.
Dominican Republic Company Formation Fees
We offer an all inclusive Dominican Republic Company Incorporation Service
Dominican Republic – SRL / EIRL Company Incorporation
| £1660 | |
Additional Services | ||
---|---|---|
Notary Fee | £400 | |
Company Administration & Registered Office (required) | £600 | |
Annual Renewal Fees | ||
Corporate Administrative
| £600 | |
Director Register Maintenance | £175 |
The company will be incorporated using your chosen name and we ensure that the procedure is as simple for our clients as possible.
The whole incorporation process can be arranged online and we will administer the preparation and filing of all registration forms on your behalf.
Upon receipt of the filing confirmation from the Companies Registry, we will email you with the incorporation details and then forward the premium binder containing all the official certificates and documentation.
Timescale
Once we have received all the necessary information and documentation, including identification documents for the director and shareholders, the incorporation process will be completed in three to six weeks.
Due Diligence
As part of our due diligence, we require proof of identity in the form of a passport copy for all directors and shareholders of the company.
Travel
There is no requirement to visit the Dominican Republic to complete the incorporation.