Doing business in the DR

Jacobb said:

If I do business with Dominican companies do I need to be registered in the DR in order to do business? How does this work? Will I need to setup a corporation there?

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It depends on how legitimate you want to be.

Many companies will require you to have an RNC number. Otherwise you'll be going around the tax system; that may or may not create problems for you.

The best route is legitimacy. Form a DR company and pay proper taxes.

USA Company

For a USA Incorporated company to conduct business in the DR, I see it is mandatory by law to have an RNC#, which is necessarry to open a bank account anyway.

Does this meet the minimum or necessary requirements? I would assume it is not completely necessary to also re incorporate in the DR?

Any accurate feedback on this would be greatly appreciated.

Do it legit!

Norteman,
Did you have a look here:
DR1 - Business

Not much specifics, but I do recall that for running a business the first stop would be a lawyer.

My gut feeling would be to have a legitimate business, even if you're incorporated in the US. There you're running limited responsibility.
I'm not familiar with the ins and outs of the tax system, but I can imagine that some companies might not want to do business with you, if you are still based in the US. Maybe tax-reasons, maybe the hassle if something goes wrong.

I'm working in the internet industry and while the majority are ok, choosing a webdeveloper/designer can be a hit and miss case. Resulting in legal actions afterwards.

If I was to choose a local developer, I would like to know where his business is based. In case something does go wrong.
Daniel

Doing Business in Dominican Republic 2010 Survey Results - Interesting data and rankings on a number of business topics
Doing Business in Dominican Republic - Doing Business - The World Bank Group