The Income Tax Return consists in completing a form, IR-2, for Dominican company annual tax declarations. This requirement is established by the Dominican tax authority (DGII) which requires all companies to file their taxes annually. eLexPersona.com offers this service for companies without operations with a maximum capital of RD$100,000 or US$3,000.
It is important to mention this service applies for companies that have not filed their taxes in the last 2 years; process which requires an additional payment. If you have not filed your company’s taxes for more than 2 years, you can contact us at 809.472.0700 and we will be glad to assist you throughout this process.
“This service is only available to those individuals who register under the name and identity of the person who will be requesting the document or legal service.”
Legal Fee: US$450
REQUIRED DOCUMENTS:
1. The information required for this service is included in the form to be completed when ordering the service.
Frequently Asked Questions
1. What is income tax?
It is an annual tax that applies to generated income, utilities and profits perceived by a company within a determined tax period. The service provided by eLexPersona.com applies for companies with no operations which therefore have not generated any of the before mentioned, but still must file for taxes as a requirement of the Dominican tax authority (DGII).
2. Are there any exceptions in filing an Income Tax Return?
Yes. The Income Tax Returns filed by eLexPersona.com are offered only to companies that have not operated reason why they are exempt from paying taxes.
3. When am I expected to file my tax return? Companies must file their Income Tax Return within 120 days from the closing date of the tax year. According to Dominican Law, there are 4 closing dates:
- December 31 (includes tax period from January 1 to December 31);
- March 31 (includes tax period from April 1 to March 31);
- June 30 (includes tax period from July 1 to June 30); and,
- September 30 (includes tax period from October 1 to September 30).
