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Fees and timelines in 2023

Fees

payment by instalmentIncorporation costs in Year 1 amount to US$9,950 and annual company costs in Year 2 and thereafter amount to US$2,800. The average total fee per Dominican Republic engagement amounts to US$17,300, which includes company incorporation and opening a local corporate bank account and all government 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 US$18,000 View invoice PDF
Branch of a foreign company US$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

Other fee considerations

Timelines

The average Dominican Republic company registration period is 12 weeks as outlined below:

Service LLC SLC PLC Branch Rep office
Engagement planning 1 week 2 weeks 2 weeks 2 weeks 2 weeks
Company incorporation period 4 weeks 8 weeks 9 weeks 7 weeks 6 weeks
Bank account approval 3 weeks 4 weeks 4 weeks 4 weeks 4 weeks
Internet banking approval 3 weeks 2 weeks 2 weeks 2 weeks 2 weeks
Incorporation completion 1 week 1 week 1 week 1 week 1 week
Total engagement period 12 weeks 17 weeks 18 weeks 16 weeks 15 weeks


japan business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Dominican Republic, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi
dominican-tax domonivan-mof dominican-gov dominican-coc domincan-bank
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