Incorporation of Dominican Company
Incorporation of Dominican Company
For the incorporation of a Dominican company eLexPersona.com will carry out all required steps to complete the formation process, from the drafting of the incorporation documents to the obtainment of legal and tax permits required to operate in the Dominican Republic.

By choosing to incorporate a new company you will have the opportunity to select its name, authorized capital, administration and social purpose; a company entirely tailored to your needs.

In order to incorporate a limited liability company or corporation in the Dominican Republic, the following requirements must be taken into account:

Legal Fee:
Calculate
 
Continue
REQUIRED DOCUMENTS:

1. Copy of Cédula (Dominican ID card) or complete passport copies (if foreigner) of the 7 shareholders.

Frequently Asked Questions


1. How long does it take to incorporate a Dominican company?
The duration of the process is of approximately 4 to 5 weeks.

2. What is the process of incorporating a Dominican company?
  • Company name registration
  • Drafting of incorporation documents
  • File and register incorporation documents in the Chamber of Commerce and Production of Santo Domingo
  • File incorporation documents in the Dominican tax authority (DGII) in order to obtain the national tax ID card (RNC)
  • Issue share certificates
3. Can a local company have foreign shareholders?
In principle, there are no restrictions regarding the nationality of the shareholders. However, foreign shareholders must be registered in the company’s national tax ID card (RNC).

4. Can a shareholder make non- cash contributions?
The company’s capital may be composed by cash investments in addition to contributions in kind.

5. Can Dominican companies have “Bearer” shares?
The Dominican Commerce Code permits bearer shares, however, all information related to the company and its shareholders must be registered at the Chamber of Commerce. The confidentiality of these types of shares is altered.

Continue