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 typesCostDraft invoice
SRLUS$17,300View invoice PDF
SASUS$16,500View invoice PDF
SAUS$18,000View invoice PDF
Branch of a foreign companyUS$15,950View invoice PDF
Representative officeUS$16,250View invoice PDF
Tax exempt LLCUS$17,300View invoice PDF
Fast solutionUS$31,115View invoice PDF
Free zone LLCUS$31,115View invoice PDF

Timelines

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

ServiceLLCSLCPLCBranchRep office
Engagement planning1 week2 weeks2 weeks2 weeks2 weeks
Company incorporation period4 weeks8 weeks9 weeks7 weeks6 weeks
Bank account approval3 weeks4 weeks4 weeks4 weeks4 weeks
Internet banking approval3 weeks2 weeks2 weeks2 weeks2 weeks
Incorporation completion1 week1 week1 week1 week1 week
Total engagement period12 weeks17 weeks18 weeks16 weeks15 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