The Dominican Republic is one of the strongest economies in Latin America and Caribbean, hosting corporations from all over the world thanks its social and educational policies and political and economic stability. The country’s advantageous location situates it in the center of the Caribbean, and at the crossroads between North, Central, and South American markets. This joined to a highly developed free trade zone system, efficient shipping networks, and the strongest telecommunications sector in Latin America, makes it easy to do business with all continents.
However, entering a market presents significant challenges and risks. TMF Group has the local experience and knowledge to help you with this process. TMF Group has a solid core of local experts in Dominican Republic assisting local and international clients, providing financial, legal, HR and payroll services across the country. We can get you set up, provide a single point of contact and take care of those non-core elements that keep your business moving, allowing you to focus on what you do best: selling your products and services.
TMF Group helps companies looking to expand their operations in Dominican Republic with:
- International incorporation and structuring: We manage the legal set-up and structuring of new or existing operations.
- International entity management: We help you stay compliant, manage your risk and stay on the right side of regulators and filing requirements.
- HR and payroll: We help you to hire the right people, apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.
- Accounting and tax: We take care of local statutory bookkeeping, full consolidated accounts and reporting and management reporting to relevant local and international standards.
When entering a new market, companies must ensure a complete understanding of local laws and regulations - otherwise they could face risks to their reputation, fiscal penalties, loss of business opportunities and legal action. TMF Group helps companies keep compliant with local regulations and filings and set up in Dominican Republic with speed, safety and efficiency.
Understanding the complexities of local laws, regulations, processes and requirements is at the heart of what we do. From whatever country you are in, our wholly-owned and independent offices across the globe can help launch your entry into the Dominican market, ensuring you reduce risk and simplify operations.
Get in touch with our team to discuss how to grow your business in Dominican Republic.