¿What are the requirements and procedures for exporting? Which are the necessary documents to be able to export?
The requirements and necessary documents for exporting will depend on the characteristics and nature of the product, as well as the destination market. However, the following are the basic export documents: Commercial invoice, Declaration of the sole export certificate, Certificate of origin, Shipping manifest or Airway bill, Certificate of pesticide use.
¿What are the requirements for a company to register as an exporter?
A company does not have to be registered in order to export; it will be eligible if it complies with the general export documents. In the end, the company will receive a “statistics record” after having finalized their first export.
¿How and where to obtain an export license?
The export license was nullified by decree no 377-92, for this reason, persons or companies with intent to export do not require a license to that end. However, to be clear, there is an export permit or license for exporting scrap metals, as established by law No. 110-13.
¿How to register my company as a scrap metal exporter?
The export of scrap metals is regulated by Law No. 110-13, whose article 7 establishes the general requirements that every company interested in registering as a scrap metal exporter must adhere to. These are:
- a) Copies of company incorporation documents, in which a copy of the National Contributor Registration number is included (RNC), and a copy of the Cedula (national ID card), passport, or Residency card of the members of the Administration Council, when pertaining to company.
- b) Copy of the Cedula (national ID card), when pertaining to an individual.
- c) Certification from the DGII (Internal Revenue Office) related to the fiscal standing of the interested company or individual, when pertaining to a person.
- d) Copy of mercantile Registration, when pertaining to a company.
- e) Copy of forms describing type of activity which you are pursuing, be it collecting, stockpiling, recasting, processing of any kind and of exporting related to metal waste, scrap metal, and other waste from copper, aluminum and its alloys.
- f) Environmental license, issued by the ministry of the Environment and Natural resources or a certificate of no objection, when the kind of activity demands it and the institution deems it necessary.
- g) Reliable documentation related to the controls that must be in place in order to guarantee the source of the material being sold or exported, which includes the supplier’s information or the storage and stockpiling centers.
- h) Having a minimum surface area of 1,000mts² of land, to establish yourself as a scrap metal exporting company or individual.
- i) Third party civil liability insurance whose expiration or renewal shall be overseen by the corresponding authorities.
- j) Any other document that the competent authority deems necessary for registration purposes.
¿What is the procedure for exporting perishable goods to Canada, The United States, the Caribbean Islands, and Europe?
The requirements for exporting perishable goods are the same general export procedures: Commercial invoice, Declaration of the sole export certificate, Certificate of origin, Shipping manifest or Airway bill, Certificate of pesticide use; with the difference, that to export to the United States, the company or person must register with the F.D.A.
¿What are the export procedures for food products and textiles, including organic products?
The export requirements for food products may vary depending on the type of product (processed foods or agricultural products). However, compliance with the general demands and procedures of is mandatory: Commercial invoice, Declaration of the sole export certificate, Certificate of origin, Shipping manifest or Airway bill, Certificate of pesticide use;
They are the same general export requirements. In addition to this, the company or person interested in exporting has to comply with packaging and labeling norms of the export destination country.
In addition to the general requirements: (Commercial invoice, Declaration of the sole export certificate, Certificate of origin, Shipping manifest or Airway bill, Certificate of pesticide use), companies interested in exporting must comply with the safety certifications issued by a competent institution, that may be national or international.
¿What are the principal measures and prohibitions for the export of Amber and Larimar?
Decree # 3-02 prohibits the export of unprocessed or semi processed Amber and Larimar.
¿Can you provide information on investment possibilities in the Dominican Republic?
The Dominican Republic is the country with the best projection in social, economic, and political, stability in all the Caribbean region and Latin America. Its strategic geographic location, its low cost of living, and low labor costs, coupled with excellent foreign investment and residency incentive laws, make this a very attractive country for those seeking quality of life, security, and high return to their investments and with attractive investment incentives among the various productive sectors such as:
- Infrastructure: ports, water, electricity
- Renewable Energy
- Movie industry
- Advanced technology, technological Services, Information, and Communication Services (TIC) and Software Development
Thanks to socio-economic stability, a solid legal framework and other attractive programs with sector incentives, that we offer, the Dominican Republic is considered the top Investment Destination for the Caribbean region, being one of the few countries that have preferential treatment to the markets of the United States and the European Union through various trade agreements:
- Free Trade Agreement between the Dominican Republic, the United States and Central America (DR-CAFTA).
- Economic Partnership Agreement between the European Union and the CARIFORUM countries (EPA).
Our agency offers free service to all investors interested in exploring our country for investing, which is why we are inviting you to contact us through our web mail or by calling: 809-530-5505, and with pleasure one of our executives will give you any necessary technical assistance in the sector of your interest.
¿What prerequisites must I meet in order to invest in the country? Or which are the requirements and procedures to be able to invest in the Dominican Republic?
By virtue of the national treatment for foreigners established by Law 16-95 so that foreigners and nationals have the same rights and obligations in investment matters, it is not necessary to fulfill any special requirement in order to invest in the Dominican Republic; Limiting restrictions solely to those activities related to toxic or radioactive waste which are not generated in the country, that affect public health, or that are related to the production of materials or equipment linked directly to national defense and safety.
The previous information, notwithstanding, any formality that may be required of your investment depending on the sector in question, including the selected corporate structure, as well as any license, registration or applicable permit to any person who carries out commercial activities.
¿Can you tell me about the immigration and investment laws in your country?
Depending on the kind of activity or motive for trip, foreigners may opt for one of the following visa types: tourism, business, residency, student, Diplomatic and Official.
A foreigner can receive permanent resident status in the Dominican Republic, according to the established conditions and requirements by the current norms. Foreigners can reside in the country by acquiring a Temporary Residency Permit and later a definitive Residency Permit, issued by the (DGM) General Immigration Office.
In respect to investment laws, we have a general framework established by Law 16-95, as well as special laws, depending on your investment sector, for example Law 158-01 and its modifications, on fomenting Tourism development, and Law 8-90 on Free Zones Regimes.
¿How can I learn about the benefits of the foreign investment law in the Dominican Republic?
The Dominican State recognizes the importance of foreign investment in the country’s economic and social growth, as a job and currency generator. Foreign investment is regulated by the dispositions set forth by Law 16-95 on foreign investment which takes into account:
- National Treatment for foreign Investors.
- Free access to international currency, through local bonds, and the Dominican Republic Central Bank.
- Allows for 100% benefit repatriation.
- Technology transfer is considered an investment.
- Free exchange of funds.
- Quick and simple, registration procedure.
- Residency through investment ,Click here
¿What are the requirements to register as a foreign investor?
As previously mentioned, among the practical advantages granted by Law 16-95 is the opening up to foreign investment all sectors of the economy, giving national treatment to foreign investors, and establishing a quick and simple registration process.
In order to receive the foreign investment registration certificate given by the CEI-RD, the applicant should present the required documents from the following link: Click
¿How does one obtain residency through investment?
Immigration rights in the Dominican Republic are regulated by Immigration Law No. 285-04 which establishes that all foreigners should enter the country after presenting their home country passport, be it with a visa, provisional or definite residency, with the exception of those countries which by mutual agreement are exempt from presenting one of the previous documents.
The beneficiaries of Residency through investment will be: (i) Any direct investor who settles in the country, making a minimum investment from overseas of US$200,000, or its equivalent in Dominican Pesos, and registers his investment with our agency; (ii) Companies operating under the Free Zones regime, whose required investment amount may differ; (iii) Foreign companies under contract or sub-contract from the Executive Branch; (iv) Companies linked to special incentive regimes, like those who benefit from the Tourism Development Law 158-01 and its modifications; (v) Pensioned or retired rentiers from government, official organization, or company in their country of origin, who are interested in residing and investing in the country; and, (vi) Designated investment projects, that are considered a priority by the Executive Branch, due to its social impact.
For the purpose of obtaining Residency through investment, the beneficiary shall process his application through the General Immigration Office (DGM) by depositing the documents required by that institution, which are detailed in their web page under the following link: Click
- a) Properly completed, application form;
- b) Letter from company authorized to be part of the residency through investment program, petitioning the Immigration Department to include foreign technical personnel to the program.
- c) Original copy of work contract, duly registered before the Ministry of Labor;
- d) Certified proof of investment, depending on the investment regime to which it belongs. (For example: CEI-RD investment certificate, proof of investment certificates issued by bank or financial entity, and of the investment registration under the Free Zone regime, etc.);
- e) Full copy of passport, with minimum (1) year validity;
- f) If you are an employee, you must deposit a copy of the valid residency visa, corresponding to the temporary work Residency;
- g) Original payment receipt from medical tests services performed at DGM authorized institutions.
- h) Original copy of birth certificate, duly legalized and translated into Spanish if in another language;
- i) Certificate of non criminal history, emitted by the competent authority of country where you have resided in the last (5) years, duly legalized and translated into Spanish, if in another language;
- j) Nine (9) 2×2 photos for those over 16 years old, six (6) frontal, three(3) right profile. Those under 16 should present five(5) 2×2 photos ,three (3) frontal and two (2) right profile;
- k) Letter of guarantee legalized by company, in which they assume responsibility for the employee or the investor.
¿How can I register my company in the Dominican Republic in order to start a new business? Can we form a company on line?
For the purpose of doing business in the Dominican Republic, you can choose to do it through a new Dominican Company or with an existing foreign company.
Our legislation recognizes several kinds of societies, but the most used are the Limited Responsibility Society (SRL), Individual Limited Responsibility Society (EIRL), the Anonymous Society (SA) and the Simplified Anonymous Society (SAS). In addition, if you wish to learn about other kinds of commercial societies and their characteristics, please follow this link:
To form a company in our country, first you have to register the commercial name at the National Office of Industrial Property (ONAPI), pay all fees, and comply with all the requirements of the institution for more information please visit: www.onapi.gov.do.
In addition, the interested party must pay the company formation tax to the Internal Revenue Office (DGII) in the Commercial Societies Unit. For additional information visit:www.dgii.gov.do
Following this, the incorporation documents must be deposited before the Santo Domingo Chamber of Commerce and Production and the payable amount will depend on the society’s authorized capital. For further information, please visit: www.ccpsd.org.do. For this, you must deposit the legal documents in original and one copy; complete the Mercantile Registration form, copy of the registration of Commercial Name granted by ONAPI and copy of identity documents of the partners.
Lastly, the National Contributors Registration (RNC) must be obtained at the DGII, which is equal to a tax ID number.
¿What are the steps needed to form a company or to begin operations in the Dominican Republic?
Four (4) General actions are required for company formation.
1º-Application and commercial name registration before the National Office of Industrial Property, (ONAPI), (www.onapi.gov.do).
2º-Payment of company formation tax at the Internal Revenue Office (DGII) in the Commercial Societies unit (www.dgii.gov.do).
3º-Deposit of legal company formation, at the Santo Domingo Chamber of Production and Commerce (www.ccpsd.org.do).
4º-Application for the National Contributors Registration (RNC) or tax ID before the DGII (www.dgii.gov.do).
For more information regarding rates and requirements, please visit the corresponding pages or contact us at our webmail or at 809-530-5505.
¿How can I present an investment project in the areas of real estate, renewable energy, and sustainable development?
Our agency is pleased to receive your investment projects, and give you free personalized assistance and technical accompaniment services during your complete process, while showing you the investment opportunities in each sector.
In addition, we can coordinate visits to project related, places of interest, and offering assistance in identifying real estate that adapts to your needs.
Finally, we should point out, that the CEI-RD has at your disposal the One Stop shop, a tool created to help investors with the paperwork involved in high impact projects such as the procurement of any permits, licenses, and certifications, required to materialize their investment. All of this from a single point, thus saving time and transit costs, as well as creating transparency and agility during the process.
Contact us; we will help you during all your business process in the country, and discover why, we are the main investment destination of the region.
¿Can you help us to establish commercial relations with companies interested in investing?
Of course we can. As part of our services, we try to consult in order to identify groups of interest for establishing strategic and/or commercial alliances.