#

Ease of Doing Business in

Dominican Republic

Dominican Republic Download Profile (1773.7KB, pdf)
Region Latin America & Caribbean
Income Category Upper middle income
Population 10,528,391
GNI Per Capita (US$) 6,130
City covered Santo Domingo

190

1

DB 2017 Rank

1

100

DB 2017 DTF (% points)

  • local_library
  • group
Topics DB 2017 Rank DB 2016 Rank info_outline Change in Rank DB 2017 DTF (% points) info_outline DB 2016 DTF (% points) info_outline Change in DTF (% points) info_outline
Overall 103 103
0
59.35 59.08 down
0.27
Starting a Business 115 108 down
7
83.34 83.12 up
0.22
Dealing with Construction Permits 45 44 down
1
75.20 75.01 up
0.19
Getting Electricity 148 151 up
3
52.18 50.58 up
1.60
Registering Property 82 83 up
1
65.61 65.17 up
0.44
Getting Credit 101 97 down
4
45.00 45.00
-
Protecting Minority Investors 87 85 down
2
53.33 53.33
-
Paying Taxes 129 131 up
2
60.70 60.33 up
0.37
Trading across Borders 58 56 down
2
83.51 83.51
-
Enforcing Contracts 131 129 down
2
51.03 51.03
-
Resolving Insolvency 160 160
-
23.55 23.70 down
0.15

Positive= Doing Business reform making it easier to do business.Negative= Change making it more difficult to do business.

DB 2017 Rank:

129

DB 2016 Rank:

131

Change in Rank:

up2

DB 2017 DTF (% points):

60.70

DB 2016 DTF (% points):

60.33

Change in DTF (% points):

up0.37

Indicator Dominican Republic Latin America & Caribbean OECD high income
Payments (number per year) info_outline 7 28.9 10.9
Time (hours per year) info_outline 317 342.6 163.4
Total tax rate (% of profit) info_outline 42.4 46.3 40.9
Postfiling index (0-100) info_outline 14.1 44.0 85.1
Tax or mandatory contribution Payments (number) Notes on Payments Time (hours) Statutory tax rate Tax base Total tax rate (% of profit) Notes on TTR
Corporate income tax 1 online 74 27% taxable profit 22.63
Employer paid - Pension contributions 0 online and jointly 80 7.1% gross salaries 15.56
Employer paid - Labor risk insurance contributions 0 online and jointly 1.3% gross salaries 1.47
Employer paid - Training tax (INFOTEP) 1 online 1% gross salaries 1.13
Tax on electronic transfers 1 online 0.15% per cheque 1.10
Employer paid - Health insurance contributions 1 online 7.09% gross salaries 0.44
Vehicle tax 1 online RD$ 2,500 fixed fee 0.02
Fuel tax 1 RD$ 6.3 per gallon fuel consumption 0.00
Employee paid - Health insurance contributions 0 online and jointly 3.04% gross salaries 0.00 withheld
Employee paid - Pension contributions 0 online and jointly 2.87% gross salaries 0.00 withheld
Value added tax (VAT) 1 online 163 18% value added 0.00 not included
Totals: 7 317 42.4
  • Answer
    Profit tax (% of profit) 22.6
    Labor tax and contributions (% of profit) 18.6
    Other taxes (% of profit) 1.2
    Answer Score
    Postfiling index (0-100) 14.1
    VAT refunds 0.0
    Does VAT/GST exist? Yes
    Frequency of VAT/GST refund submission monthly
    Does a VAT/GST refund process exist per the case study? No
    Restrictions on VAT refund process Restricted to international traders
    Likelihood of VAT audit N/A
    Time to comply with VAT refund (hours) N/A 0.0
    Time to obtain a VAT refund (weeks) N/A 0.0
    Corporate income tax audits 0.0
    Does corporate income tax exist? Yes
    Likelihood of corporate income tax audit Likely
    Time to comply with a corporate income tax audit (hours) 61.5 0.0
    Time to complete a corporate income tax audit (weeks) 14.0 56.3
    Administrative appeal process
    First level administrative appeal authority Reconsideration Department within the General Directorate of Internal Revenue
    Is the appeal authority independent? Independent department within tax office
    Are appeal guidelines accessible to the public? Yes
    Source of appeal guidelines online/in printed publication/in person at tax office
    Is there a legal time limit for the appeal authority to issue a decision on the tax appeal? No
    Legal time limit

Notes:

Name of taxes have been standardized. For instance income tax, profit tax, tax on company's income are all named corporate income tax in this table.

The hours for VAT include all the VAT and sales taxes applicable.

The hours for Social Security include all the hours for labor taxes and mandatory contributions in general.

The postfiling index is the average of the scores on time to comply with VAT refund, time to obtain a VAT refund, time to comply with a corporate income tax audit and time to complete a corporate income tax audit.

N/A = Not applicable.