Dominican Republic is a sovereign state in the Greater Antilles in the Caribbean. It is located on the Hispaniola island and shares it with Haiti to the West. This is the second-largest state in the Caribbean by population after Cuba. Head of state is the president. Local currency is the Dominican peso. Official language is Spanish.
For the last two decades the Dominican Republic has been one of the fastest-growing economies in the Americas. Its core sectors are services (about 70%), industry (about 20%) and agriculture (about 10%). Dominican Republic is not an offshore jurisdiction or a tax haven. Its legislation is corresponding with the requirements of the OECD and the EU. At the same time, economy has got major problems caused by corruption, energy shortage, child labour, and slavery.
Business activities in the Dominican Republic are regulated by the 2007 Civil Code and other relevant laws.
Main types of businesses in the Dominican Republic
Sociedad de Responsabilidad Limitada – limited liability company;
Sociedad Anonima – joint-stock company.
There are also “simplified” joint-stock companies, branches of foreign companies, and individual entrepreneurs.
What is a commercial register?
In our video we explain the definition and function of a commercial register and how you can verify the reliability and solvency of your foreign business partner.
Should you wish to check the sincerity of your foreign business partner’s request, Schmidt&Schmidt will gladly assist you.
We offer extracts from the commercial registers of more than 100 different registers in countries spread all around the globe. Additionally, we offer annual statements for a variety of companies. The original extract from any commercial register can be sent to you by mail or as a pdf-file via e-mail. Besides that, commercial register extracts can be authenticated with an apostille.
Several institutions in the Dominican Republic manage their own commercial registers. Name of the company is registered by the National Office of Industrial Property (Oficina Nacional de la Propiedad Industrial – ONAPI). Corporate documents are supervised by the Chambers of Commerce. Companies begin to pay taxes after being certified by the Directorate General of Internal Revenue (Dirección General de Impuestos Internos).
Main source of information about businesses registered in the Dominican Republic is the ONAPI register.
Contents of the register
Main extract available from the commercial register of the Dominican Republic is a company profile. It comes in Spanish and contains information about a company, relevant at the moment of the request.
- Full name
- Registration number and date
- Type of business
- Current status (active/inactive)
- Other available information
Other available documents
- Certificate of Good Standing – an official document that confirms a company’s solvency, reliability, and right to do business in the Dominican Republic. This certificate is only issued to companies that fully comply with the requirements in terms of taxation and financial reports submission.
- Certificate of Incorporation – confirms company’s registration in the Dominican Republic.
- Memorandum and Articles of Association
- Credit report
- List of shareholders
- Accounting statements
- Key management
NB: Information about some companies may be unavailable, or available for a fee.
Search in the register is not free of charge. Search results are sent to you within 3-5 days after request submission.
To get a required document, we will need the following information about a company:
- Full legal name
- Registration number
An extract from the business register of the Dominican Republic can be used in order to:
- Obtain detailed information about potential business partners
- Negotiate foreign trade agreements
- File legal claims
Dominican Republic acceded to the The Hague Convention Abolishing the Requirement of Legalisation for Foreign Public Documents on 30 September 2009.
Therefore, the documents issued in Dominican Republic are subject to a simplified apostilling procedure, thus the documents gain full legal value in Convention member states after notarised translation.
Apostilling usually takes about two weeks.
In addition, you can order notarised translation from Spanish.
We provide extracts from the register in strict compliance with the legislation of the Dominican Republic and the General Data Protection Regulation.
Inquiries are processed within one working day. Courier delivery of apostilled documents is paid separately by courier service tariffs.
Our services can be paid by bank transfer, PayPal or by credit card.
You can order free preliminary availability check of required information on our website.
|Service||Price incl. German VAT 19%||Price excl. VAT|
|Price for an Electronic Extract||from 119,00 €||from 100,00 €|
|Price for an Extract with Apostille without international shipping||from 595,00 €||from 500,00 €|