Tax Experts You Can Trust

Tax Experts You Can Trust

We provide expert tax accounting services to ensure compliance and
optimize financial strategies for businesses in the Dominican Republic.

We provide expert tax accounting services to ensure compliance and optimize financial strategies for businesses in the Dominican Republic.

Tax Accounting Experts

Looking for Reliable Tax Compliance and Financial Management in the Dominican Republic?

Looking for Reliable Tax Compliance and Financial Management in the Dominican Republic?

Understanding the tax implications and effectively navigating tax matters in the Dominican Republic provide a significant advantage when purchasing property or operating a business. Every real estate transaction involves specific tax obligations, whether you are buying as an individual or in the name of a company, and managing these efficiently can help investors optimize their financial strategies.

By carefully planning and utilizing the best tax opportunities available, businesses and property buyers can maximize their investments while ensuring full compliance with local regulations.

WHY YOU NEED A OCC LAWAYERS FOR
TAX ACCOUNTING IN THE DOMINICAN REPUBLIC

At OCC Lawyers, we offer specialized tax advisory services led by expert CPA tax advisors with in-depth knowledge of Dominican tax laws. Our team provides comprehensive guidance, ensuring that all tax obligations are properly assessed and managed throughout the transaction process. Whether you are acquiring property or expanding your business operations, we oversee every aspect of taxation from start to finish, helping you make informed financial decisions while securing the best tax advantages available.

With our expertise, you can confidently invest and operate in the Dominican Republic, knowing that your tax matters are in capable hands.

Client Testimonials

Don’t just take our word for it—read what our clients
have to say about their experience with our services.

Don’t just take our word for it—read what our clients have to say about their experience with our services.

Protect Your Business and Ensure Tax Compliance

Protect Your Business and Ensure Tax Compliance

Avoid costly penalties and financial setbacks with expert tax accounting services tailored to your business needs.

As a trusted local firm, we work closely with businesses of all sizes to ensure compliance with Dominican tax regulations, accurate financial reporting, and strategic tax planning. Our in-depth knowledge of the Dominican tax system allows us to help you maximize benefits while minimizing risks, keeping your business financially secure and fully compliant.

Passionate – Dedicated – Professional

Why Choose Us?
What We Bring to the Table

Why Choose Us?
What We Bring to the Table

Expert tax accounting services designed to ensure compliance, optimize financial strategies, and protect your business in the Dominican Republic.

Caring & Personalized Service

We prioritize your rights and peace of mind, guiding you through every step of your transaction.

Proven Expertise

With extensive experience in tax accounting, we help businesses navigate Dominican tax regulations with confidence.

Multilingual Support

Fluent in Spanish, English, and French, we eliminate language barriers for seamless communication.

One-Stop Shop

Beyond tax accounting, we offer corporate, real estate, immigration, and financial services for all your business needs.

Frequently Asked Questions

Frequently Asked Questions

Itbis (By Its Acronym In Spanish)
This tax applies to all commercial transactions conducted by companies and individuals engaged in any business activity in the Dominican Republic, except where there is a tax exemption for a specific activity or product. The ITBIS is levied at a rate of 18% on transfers and imports of industrial goods, as well as on services. Failure to comply with the deadlines established for this obligation under Articles 338 et seq. of the Tax Code can result in penalties of up to 11.73% on the unpaid amount.

Although it only comes into play once a year, this should be the focus of all tax policies of companies and individuals engaged in business activities, as it is the only tax levied on income earned during a fiscal year. Corporate income tax is currently set at 27%, and individual income tax is assessed on a sliding scale based on income. Since it is an annual tax, it is important to continually monitor companies’ financial projections in order to take advantage of the tax benefits offered by the Dominican tax system.

The fiscal year-end closing is a procedure established to account for profits and losses over a 12-month period and can vary according to the date set for each company. At the time of incorporation, companies can select from the following dates for their fiscal year-end: a) March 31; b) June 30; c) September 30; or d) December 31. Companies have 120 days after the respective deadline to file their IR-2 returns and make the corresponding payment.

This tax return presents different withholdings made to physical and legal persons, as established in the set of rules that establish the rates according to the service, concept and remuneration paid. Having knowledge of the correct filing and submission of withholdings as applicable, it directly impacts the fiscal strategy and avoids future challenges of expenses by the tax administration.

This taxi s comprised by the withholdings made in regards to the income tax that the companies must withhold to their employees, for the companies this payment does not generate any disbursement of funds, however it is the company’s responsibility in its condition as withholding agent to comply with the formalities of submission and payment of the aforementioned tax.

Salaries paid to employees generate the obligation to submit payrolls monthly to the Social Security Treasury. For employers, this tax represents 16.29% of the contributable salary, intended to cover medical insurance, pension fund, occupational risk and Infotep*, plus 5.91% that employees must contribute. The payment of these taxes is of the utmost importance, since it validates both the payroll and the taxes covered by the company as a deductible expense.

*Explanatory Note: INFOTEP stands for National Institute of Technical Vocational Training.

Consult With The Experts

Consult With The Experts

Schedule a consultation today and let our expert legal team ensure a secure and seamless real estate transaction in the Dominican Republic.