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 What are some simple tips to consider when starting a small business?
Solution You should get professional help to start this business if you want to open a store, and not just operate out of your home.

Because of new DGII (Tax Department) requirements, matters are much more complex today, and beyond your own capacity. Likewise, there are many labor complexities that you need to become aware of when dealing with personnel. There are innumerable files that have to be sent to the government. It is not something one can learn and do by oneself overnight.

Note, the complexities are the same for foreigners and Dominicans alike.

There are no restrictions for clients trying to take money out of the country, with the exception of those in place for money laundering.

There is a new resource for creating a company. The Crea Tu Empresa facility proposes to create a company in 78 hours. See Cuenta de Usuario

Article Details
Article ID: 623
Created On: 29 Apr 2008 01:13 PM

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