name check
preparation of memorandum  
preparation of articles  
preparation of registration forms  
filing with the registrar of
companies  
payment of filing fees  
certificate of incorporation  
share certificates  
premium binder with all
certificates  
minutes of board meetings   
lawyer resolution to appoint an
accountant   
employment agreement
employee nondisclosure agreement   
employee invention agreement   
unlimited power of attorney   
limited power of attorney
sales contracts
register of directors
register of shareholders
This website is designed for general information only. The information presented should not be construed to be formal legal advice
nor the formation of a lawyer/client relationship. You should not act upon this information without seeking professional counsel.
Copyright © 2004-2015 Lic.Brigitte Stuckmann & Asocs. All rights reserved.

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             Protect your assets - own a Dominican Company

Like any other strategy to protect your assets and gain tax advantages, the main goal of asset
protection is the separation of personal property from the benefical owner. As your assets
are not in your name, they cannot be taken away from you if a lawsuit arises or if someone
wishes to attach your property for some reason.  In essence you do not own the property, a
completely separate entity does.  Dominican civil law often provides for a stronger legal
backing when it comes to certain types of possible assaults on your assets.  Investors faced
with a Divorce action, or other types of civil suits, will certainly find better protection under
the Dominican Civil Law Court system. But this is not the only real benefit of a Dominican
Company.  Owning your Dominican Republic Vacation property, real estate or investments
via an incorporated company also provides huge tax advantages. Title transfer tax can be
reduced using certain strategies with a Dominican Company as the owner of your property.  
In addition, when it come time to sell your property, a savings on capital gains is also
possible.   

The company formation procedure in Dominican Republic takes 3-6 weeks. The company
will be incorporated using your desired name. We ensure that the procedure is as simple for
our clients as possible. We will administer the preparation and filing of all registration forms
on your behalf. The whole incorporation process can be arranged from your desk. Upon
receipt of the filing confirmation from the authorities, we will email you with the registration
details. We will then forward the premium binder containing all the official certificates and
documentation. Companies incorporated in Dominican Republic are empowered to conduct
all types of business and may have clients, contractors, suppliers and employees from any
country.
Dominican corporations are subject to the following taxes:
The income tax rate for Dominican corporations is a flat 25% on net income. Interest on
debt is tax deductible. Company formation fees: US$1300
Tax on Assets. Corporations must pay an annual 1% tax on their assets. This tax functions as
a kind of minimum tax since amounts paid are deducted from the amount due for corporate
income tax.