An offshore in the Dominican Republic is required to:
- Get a legal address within the country. It is necessary for keeping company documents.
- Register a shareholder and a director. It can be the same person. The number of directors will have to be specified in the company's charter.
- Come up with a company name and register it in the registrar.
After opening a firm you will be able to work without paying taxes and submitting financial reports. You will not need a secretary. All meetings can be held outside the country. The only restriction for you will be the impossibility to conclude transactions with residents of the state, to profit from local real estate and accept bank deposits.
For more information on offshores in the Dominican Republic, please contact our consultant by phone. He will tell you how to start a business in this country or buy a ready-made offshore company.