Protect your assets - own a Dominican Company

Like any other strategy to protect your assets and gain tax advantages, the main goal of asset protection is
the separation of personal property from the benefical owner. As your assets are not in your name, they cannot
be taken away from you if a lawsuit arises or if someone wishes to attach your property for some reason.
In essence you do not own the property, a completely separate entity does.  Dominican civil law often provides for
a stronger legal backing when it comes to certain types of possible assaults on your assets.  Investors faced with
a Divorce action, or other types of civil suits, will certainly find better protection under the Dominican Civil Law
Court system. But this is not the only real benefit of a Dominican Company.
Owning your Dominican Republic Vacation property, real estate or investments via an incorporated company
also provides huge tax advantages. Title transfer tax can be reduced using certain strategies with a
Dominican  Company as the owner of your property.  In addition, when it come time to sell your property,
a savings on capital gains is also possible.   

The company formation procedure in Dominican Republic takes appox. 8 weeks. The company will be
incorporated using your desired name. We ensure that the procedure is as simple for our clients as possible.
We will administer the preparation and filing of all registration forms on your behalf. The whole incorporation
process can be arranged from your desk. Upon receipt of the filing confirmation from the authorities, we will
email you with the registration details. We will then forward the premium binder containing all the official
certificates and documentation. Companies incorporated in Dominican Republic are empowered to conduct all
types of business and may have clients, contractors, suppliers and employees from any country.
Dominican corporations are subject to the following taxes:
The income tax rate for Dominican corporations is a flat 25% on net income. Interest on debt is tax deductible.
Tax on Assets. Corporations must pay an annual 1% tax on their assets. This tax functions as a kind of minimum
tax  since amounts paid are deducted from the amount due for corporate income tax.

                                           
                              
Tel.Sekretariat: 1 809 571 4156
Copyright© 2004-2017 Lic.Brigitte Stuckmann & Asocs. All rights reserved.
Lic. Brigitte Stuckmann
Deutschsprachige dominikanische Anwaltskanzlei
Attorney at law and interpreter for English, Spanish and German.
Master's degree and studies in civil procedure law (PUCMM)
Master's degree and studies in real estate law (UAPA)
Lic. Brigitte Stuckmann is member of the Dominican Bar Association
Lic. B. Stuckmann
Company formation Dominican Republic
Preparation of memorandum  
Preparation of registration forms  
Payment of filing fees  
Share certificates  
Minutes of board meetings
Employment agreement
Employee invention agreement   
Limited power of attorney
Register of directors
Company formation fees:US1300
Name check
Preparation of articles
Filing with the register of companies
Certificate of incorporation
Premium binder with all certificades
Lawyer resolution to appoint an accountant
Employee nondisclosure agreement
Sales contract
Register of shareholders