The SRL (Sociedad de Responsabilidad Limitada) is the most common company type for small and medium businesses in the Dominican Republic. It is flexible, limits your liability, and is straightforward to run once set up.
Before you register
You start by reserving a company name and paying the incorporation tax. You decide on the partners, how the shares (cuotas) are split, and who will manage the company (the gerente).
An SRL can have between two and fifty partners, and the manager does not have to be a partner.
Registration steps
The company is registered with the Chamber of Commerce (Registro Mercantil) and then with the tax authority (DGII) to get its RNC, the tax ID it needs to invoice and operate.
Once the RNC is issued you can open a corporate bank account and start operating formally.
Staying compliant
After formation, an SRL files taxes, keeps its books, and renews its commercial registration on schedule. Missing these creates penalties that are cheaper to avoid than to fix.
We can set the company up and keep the ongoing filings on track so nothing lapses.
Have a question about your own situation? Clarissa can walk you through it directly, in Spanish, English, or French.
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