How To Register A Business In Dominican Republic

Fees and timelines in 2022

Fees

Incorporation costs in Twelvemonth 1 amount to The states$9,950 and annual company costs in Year two and thereafter corporeality to U.s.a.$2,800. The average total fee per Dominican Republic engagement amounts to The states$17,300, which includes company incorporation and opening a local corporate depository financial institution account and all regime fees. Refer to draft invoice embedded here.

Different Dominican Republic entity types	Cost	Draft invoice
SRL	Us$17,300	View invoice PDF
SAS	US$16,500	View invoice PDF
SA	United states$eighteen,000	View invoice PDF
Branch of a foreign company	United states$15,950	View invoice PDF
Representative office	US$16,250	View invoice PDF
Tax exempt LLC	US$17,300	View invoice PDF
Fast solution	US$31,115	View invoice PDF
Free zone LLC	US$31,115	View invoice PDF

Timelines

The average Dominican Commonwealth company registration flow is 12 weeks as outlined beneath:

Service	LLC	SLC	PLC	Branch	Rep office
Engagement planning	one week	2 weeks	2 weeks	two weeks	2 weeks
Company incorporation period	4 weeks	8 weeks	9 weeks	7 weeks	half dozen weeks
Bank account approval	3 weeks	four weeks	4 weeks	4 weeks	4 weeks
Internet banking approval	3 weeks	2 weeks	2 weeks	2 weeks	2 weeks
Incorporation completion	i week	1 week	1 week	1 calendar week	one week
Total appointment period	12 weeks	17 weeks	18 weeks	16 weeks	15 weeks

japan business registration engagement period timeline

Preparing a detailed project programme;
Our Client confirms the corporate construction;
Collecting due diligence from our Customer.

Our Customer signs the corporate bank account opening forms;
Healy Consultants prepares a business program;
Healy Consultants visits the bank for interview;
The Bank Legal and Compliance Department review and corroborate the banking application;
The Banking concern Front Office electronic mail corporate bank account numbers to our client.

The Bank Operations Department mails the internet username and passwords to our Customer;
Some of our Clients' request Healy Consultants to actuate the internet banking on their behalf.

Healy Consultants confirms all Client due diligence is received;
Healy Consultants couriers to our Client the complete original visitor and banking concern business relationship documents;
Our Customer completes our web folio feedback survey;

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