Buying property through incorporation of an SRL

dioscuro

New member
Jun 18, 2024
1
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1
Santo Domingo
Hey all I just discovered this community. As a new expat in DR, this is a blessing.

Because of tax advantages (in case I want to move back to Europe), I'm contemplating incorporating an SLR to purchase a property in DR that I'm buying and have a couple of questions:

1. Is it legal to reside privately in a property owned by an SRL that you own 100%?
2. What annual filings do you have to make as an SRL? I suppose annual reports are required?
3. What items can I deduct pre-corporation tax? HOA fees, electricity, water?

Thanks in advance for any answers!!
 

AlterEgo

Administrator
Staff member
Jan 9, 2009
23,403
6,690
113
South Coast
Welcome to DR1.

We own a home in our names, so I can’t answer your questions, but I’m sure someone here can guide you.

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