Dominican Republic
TKEG Expat ™ (Norway) Business Guide

Dominican Republic

Corporate Services in Dominican Republic

Strong Tourism Industry

The Dominican Republic is one of the most popular tourist destinations in the Caribbean, attracting millions of visitors annually. The country’s beautiful beaches, luxury resorts, and rich cultural heritage drive tourism, which is a major contributor to the economy, accounting for a significant portion of GDP and employment.

Diversified Economy

While tourism is a dominant sector, the Dominican Republic also has a diversified economy, with significant contributions from agriculture (particularly sugar, coffee, and tobacco), mining, and manufacturing. The country is the largest economy in the Caribbean and Central America, offering a wide range of investment opportunities across different industries.

Free Trade Agreements

The Dominican Republic is part of the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) with the United States, providing easy access to the U.S. market. It also benefits from trade agreements with the European Union and other nations, facilitating exports and boosting foreign direct investment.

Free Zones and Investment Incentives

The Dominican Republic has established several free trade zones, offering tax exemptions and benefits to attract foreign investment. These zones are particularly successful in sectors such as textiles, manufacturing, and technology, making the country a hub for export-oriented businesses.

Tax Info

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Administrative Regions

01 - Distrito Nacional
02 - Azua Province
03 - Baoruco Province
04 - Barahona Province
05 - Dajabón Province
06 - Duarte Province
08 - El Seibo Province
09 - Espaillat Province
10 - Independencia
11 - La Altagracia Province
12 - La Romana Province
13 - La Vega Province
14 - María Trinidad Sánchez Province
15 - Monte Cristi Province
16 - Pedernales Province
17 - Peravia Province
18 - Puerto Plata Province
19 - Hermanas Mirabal Province
20 - Samaná Province
21 - San Cristóbal Province
22 - San Juan Province
23 - San Pedro de Macorís
24 - Sánchez Ramírez Province
25 - Santiago Province
26 - Santiago Rodríguez Province
27 - Valverde Province
28 - Monseñor Nouel Province
29 - Monte Plata Province
30 - Hato Mayor Province
31 - San José de Ocoa Province
32 - Santo Domingo Province

Belonging Jurisdiction

Dominican Republic

DO - Dominican Republic

Dominican Republic
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