Auxadi Dominican Republic
FDI in the Dominican Republic mainly goes to tourism (about 30%), telecommunications, real estate and mining sectors, and the country is actively looking to attract investment in more advanced manufacturing and services. The USA, Canada and Spain are the main investors, though China's and Mexico's percentages are increasing. Dominica's IT services industry, with full government support, aims to attract more high-tech foreign investment. Incentives for investors include political stability and prime access to the U.S. market, thanks to a Free Trade Agreement (CAFTA).
The Dominican Republic has adopted policies of greater openness to international trade and investment in the last decade, and now aims to double FDI inflows with a national competitiveness plan, focused on entrepreneurship and innovation. Recent amendments to the mining law should also attract investment. Another incentive is the Investor Visa Programme, where foreigners who invest at least USD 200,000 can gain permanent residency, and can become citizens after 18 months.
Ranked 115/190 for Ease of Doing Business, the Dominican Republic is looking promising, but local expert guidance is crucial. Among other issues, inadequate infrastructure and a lack of SOP for customs fees on imported goods can make business difficult for investors.
AUXADI can become your ideal investment partner in the Dominican Republic. We offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.
Dominican Republic
FDI in the Dominican Republic mainly goes to tourism (about 30%), telecommunications, real estate and mining sectors, and the country is actively looking to attract investment in more advanced manufacturing and services. The USA, Canada and Spain are the main investors, though China’s and Mexico’s percentages are increasing. Dominica’s IT services industry, with full government support, aims to attract more high-tech foreign investment. Incentives for investors include political stability and prime access to the U.S. market, thanks to a Free Trade Agreement (CAFTA).
The Dominican Republic has adopted policies of greater openness to international trade and investment in the last decade, and now aims to double FDI inflows with a national competitiveness plan, focused on entrepreneurship and innovation. Recent amendments to the mining law should also attract investment. Another incentive is the Investor Visa Programme, where foreigners who invest at least USD 200,000 can gain permanent residency, and can become citizens after 18 months.
Ranked 115/190 for Ease of Doing Business, the Dominican Republic is looking promising, but local expert guidance is crucial. Among other issues, inadequate infrastructure and a lack of SOP for customs fees on imported goods can make business difficult for investors.
AUXADI can become your ideal investment partner in the Dominican Republic. We offer a One Stop Shop value added Outsourcing services in the areas of Accounting and Reporting, Tax Compliance, Payroll Management and Representation services, among others.
International Accounting, Tax, Payroll, Transfer Pricing and Corporate Legal Services in 50 countries
Services
At Auxadi, we are proud to offer a comprehensive range of professional services, such as accounting, tax, payroll, transfer pricing and Corporate Legal Services to over 1,300 clients. In addition to these core services, we also provide a range of key services for multinationals and funds. Our MySPV platform and local experts enable us to provide comprehensive financial management services, acting as an extension of your finance department.
Our services
Accounting
We provide corporate accounting administration for global corporations and investments with our unique MultiCountry IT platform.
Tax
We can help sort your international taxes. Our expert tax teams know all the details and will ensure you remain tax compliant.
Payroll
Our international payroll services remove the complexity but keep the confidentiality, using our unique IT system.
Cash management
Cash management is essential for every business – but monitoring and managing your cash flows can be time-consuming. Auxadi can help.
Consolidation and reporting
Our unique MultiCountry IT platform gathers the data from all your international entities, making consolidation and reporting stress-free.
Transfer pricing
We’re on hand to help with your transfer pricing – rely on our local knowledge and expertise.
Monitor and manage your international subsidiaries with our MultiCountry online platform
Access our online platform that provides you with a global and harmonized view of the accounting of your international subsidiaries, with drill down functionality to check support documentation, such as: invoices, outstanding creditors, approve payment orders, manage the payroll processing cycle and so much more. Request a demo to see how our technology can help you.
Get access to Auxadi corporate materials and technical guides to know more about us. You can see all our materials here.
