- Thread starter aos
- Start date
Advice for new business moving to DR
you kidding?????
You might want to ask an actual question or questions before everyone else here jumps all over you....
The first thing you should do is read previous forums. You can use the search option or just scan for forums that might fit.
Then, and only then, actually ask a question or series of questions please.
You might want to ask an actual question or questions before everyone else here jumps all over you....
The first thing you should do is read previous forums. You can use the search option or just scan for forums that might fit.
Then, and only then, actually ask a question or series of questions please.
if your business will do no business in the DR, you can work under free zone legal frame and pay no taxes.
PM us for details
g_h_yon@hotmail.com
ONE Marketing Team
PM us for details
g_h_yon@hotmail.com
ONE Marketing Team
doing business in the DR
From what I have read the reliability of the power grid seems to be a major problem. Actually, what we are looking for is people (even college students) who can do work text manipulation on the computer. It basically comes down to the cost of labor since our clients are U.S. based. Think of it as outsourcing the cost of labor. As you know the cost of labor is considerably higher in the U.S. than in the Dominican Republic.
Our business a startup business. It is information based. It involves processing documents. All documents are in english but language is not much of a hinderance I believe. The client list -well just open any major U.S. magazine or newspaper !
I will be in Santo Domingo to look around and to visit a university or two to offer initial jobs. We will be seeking 4 reliable individuals who can work quickly on jobs that we outsource to them. If all goes well we would look to setup an office in the Dominican Republic and expand, servicing our clients from a zone which would afford a tax savings. Again, since we will not be involved in the local economy the horror stories that I have read concerning doing business in DR would not effect us. The major problem that I can foresee has to do with the lack of reliability electricity and that may be the deal breaker.
Any comments or suggestions ?
I will be visiting the DR to check out the possibility of doing business there. I do not speak spanish. Maybe you can offer me some advice. My business would not be involved in the Dominican economy. I just need to find a few people who can do some text manipulation on the computer.Cyber Park said:
From what I have read the reliability of the power grid seems to be a major problem. Actually, what we are looking for is people (even college students) who can do work text manipulation on the computer. It basically comes down to the cost of labor since our clients are U.S. based. Think of it as outsourcing the cost of labor. As you know the cost of labor is considerably higher in the U.S. than in the Dominican Republic.
Our business a startup business. It is information based. It involves processing documents. All documents are in english but language is not much of a hinderance I believe. The client list -well just open any major U.S. magazine or newspaper !
I will be in Santo Domingo to look around and to visit a university or two to offer initial jobs. We will be seeking 4 reliable individuals who can work quickly on jobs that we outsource to them. If all goes well we would look to setup an office in the Dominican Republic and expand, servicing our clients from a zone which would afford a tax savings. Again, since we will not be involved in the local economy the horror stories that I have read concerning doing business in DR would not effect us. The major problem that I can foresee has to do with the lack of reliability electricity and that may be the deal breaker.
Any comments or suggestions ?
aos said:
We have two offices - Home office where we work quite comfortably with up to 8 computers at a time, satellite internet connectivity, a generator and a big invertor with battery bank. If you want to oursource to individuals without giving them the infrastructure, you will have problems.
If you are a start-up and you are expecting the same level of productivity from people here than in the US, you're in for a surprise. With respect, your comment that since you won't be involved in the local economy, the horror stories would not affect you, shows that you have not yet done sufficient homework.
You will be involved in the local economy the minute you place an office here and the minute you employ people. So, let me ask some questions, have you been here? have you spoken to other people doing business here? Do you know for sure that university students accept part-time work the same way they do in the US? Do you understand that a bottle of Presidente is really more important here than doing the job that you've just outsourced? :knockedou What do you expect is the general level of computer skill? Will you find spanish speaking people that are confident enough on an english keyboard to manipulate text?.
What I would seriously suggest, is that you seek someone in the DR, who can do the outsourcing side for you, obviously at a cheaper rate than what you would pay in the US. That would be wise. Outsourcing to students as you describe, I don't know.... I would not do it...
OOOH YEAH! "Not in DR economy? NOT!
Look dude, pay attention to what Chris has just told you. Do not think of Santo Domingo-too many "inspectors: looking to see that everything is hunky dory...
Don't sweat the computer stuff, folks like Chris can take care of that. You will have the additional costs of fuel and a small diesel genset and its installation, but we can handle that. You got bigger things to worry about.
Think small town. La Vega, Moca, even Santiago.
There are tons of kids that can move text around a page.
BUT you will have to incorporate under Dominican laws, get a tax number, a Social Security case file and and Health and retirement representative.
Why you ask? Because any disgruntled employee can throw your a$$ in a heap of trouble if you don't....
Start thinking lawyers. You will need them to form the company.
Do you know the DR tax laws, the labor laws? Oh boy, do you have some homework to do...
Better get started before the sharks start biting.
HB
Look dude, pay attention to what Chris has just told you. Do not think of Santo Domingo-too many "inspectors: looking to see that everything is hunky dory...
Don't sweat the computer stuff, folks like Chris can take care of that. You will have the additional costs of fuel and a small diesel genset and its installation, but we can handle that. You got bigger things to worry about.
Think small town. La Vega, Moca, even Santiago.
There are tons of kids that can move text around a page.
BUT you will have to incorporate under Dominican laws, get a tax number, a Social Security case file and and Health and retirement representative.
Why you ask? Because any disgruntled employee can throw your a$$ in a heap of trouble if you don't....
Start thinking lawyers. You will need them to form the company.
Do you know the DR tax laws, the labor laws? Oh boy, do you have some homework to do...
Better get started before the sharks start biting.
HB
Hi Augusta,
Free Zones are more complex.
The FTA with the US permits the countries to lower custom costs when arriving to the US port. But you have to pay taxes on your revenues, when importing row materials, and a full list of rules, regulations & laws.
Free Zones are technically out of the Dominican Republic and therefore allow you (after approval) to cut the mentioned costs and grant you no taxes on any import to the free zone company, city tax, state & federal taxes, incorporation fees, IRS, and other Dominican duties.
You don't even have to report anything to the Dominican authorities, that why we say that it is the only known legal tax heaven.
I will be glad to escort you in the process.
Gabriel
ONE Marketing Team
g_h_yon@hotmail.com
Free Zones are more complex.
The FTA with the US permits the countries to lower custom costs when arriving to the US port. But you have to pay taxes on your revenues, when importing row materials, and a full list of rules, regulations & laws.
Free Zones are technically out of the Dominican Republic and therefore allow you (after approval) to cut the mentioned costs and grant you no taxes on any import to the free zone company, city tax, state & federal taxes, incorporation fees, IRS, and other Dominican duties.
You don't even have to report anything to the Dominican authorities, that why we say that it is the only known legal tax heaven.
I will be glad to escort you in the process.
Gabriel
ONE Marketing Team
g_h_yon@hotmail.com
Hi there:
I plan to move to the Dom. Rep. within a few months and am looking for work (preferably from home, using a laptop PC). Please let me know the skill level you are looking for, as well as how much (or little) you want to pay per document/project.
I do also have other talents/skills, which might be useful in your new venture, so please contact me.
(I will be happy to forward you my resume, if interested.)
stef :classic:
I plan to move to the Dom. Rep. within a few months and am looking for work (preferably from home, using a laptop PC). Please let me know the skill level you are looking for, as well as how much (or little) you want to pay per document/project.
I do also have other talents/skills, which might be useful in your new venture, so please contact me.
(I will be happy to forward you my resume, if interested.)
stef :classic:
Hello
I live in the DR. since 5 years. I do Internet based projects from here. Please PM me if you are hiring or if you need help
Michael
I live in the DR. since 5 years. I do Internet based projects from here. Please PM me if you are hiring or if you need help
Michael