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Start a tourism business to invest in the Dominican Republic — a boutique hotel, a tour business, or dive shop may qualify — and, under Law 158-01, you’ll receive tax breaks for the next 10 years on income taxes, VAT, real estate transfers, property tax, import duties, and more.
With its central location in the Americas, a fast-developing infrastructure, and a generous package of tax incentives, the Dominican Republic is one of the best places in the Caribbean region to do business.
And, if you have a business to transplant or are looking to set up your own business in a tax-friendly, benefit-laden location, you owe it to yourself to investigate the opportunities here — especially if your work falls under any of the following categories: telecommunications, infrastructure, renewable energy, agribusiness, call centers, software development, manufacturing, or tourism.
Above all, you don’t have to be in big business to take advantage of the Dominican Republic’s tax incentives.
The government is committed to tourism growth. It recognizes the potential in its coastlines, its jungles, and its historic capital city. Its big agenda is “sustainable tourism,” and it’s rolling out the red carpet to those willing to help boost its tourism efforts and accommodate visitors in town.
