Countries › Dominican Republic › Guide › 4. Entities and setup › Annual compliance for a Dominican company: meeting and report in 120 days, IR-2, asset tax, monthly DGII filings and registry renewal every two years

Annual compliance for a Dominican company: meeting and report in 120 days, IR-2, asset tax, monthly DGII filings and registry renewal every two years

Last verified: 2026-10-30 · Status: Changing

Each year the managers prepare accounts and a management report, partners approve them within 120 days of year end, and the IR-2 and asset tax are due in the same period. Monthly filings cover ITBIS, withholding and purchase and sale data. Registry renewal comes every two years. Late payment now costs 3% a month, and small and micro companies get new advance payment rules from 2027.

USD figures use the Banco Central de la República Dominicana spot reference selling rate of RD$60.9007 per US dollar for 29 October 2026, rounded to the cent.

Key facts

Annual meeting deadline	120 days after year endLey 479-08 art. 110 and art. 190, as of 2026-10-30 · in force
Registry renewal cycle	2 yearsLey 3-02 art. 12, as of 2026-10-30 · in force
IR-2 filing deadline	120 days after year endDGII guide, December 2025, as of 2026-10-30 · in force
Asset tax	1 %Código Tributario art. 404, as of 2026-10-30 · in force
Monthly late payment surcharge	3 %Ley 30-26 art. 7 (art. 252), as of 2026-10-30 · in force
Record retention	10 yearsLey 479-08 art. 32, as of 2026-10-30 · in force
Rate used for USD conversions	60.9007 DOP per USDBanco Central spot reference selling rate, 29 October 2026, as of 2026-10-29 · in force

The rule

1. Managers or directors approve the financial statements and prepare an annual management report at year end, with at least ten listed items including related party transactions, risk factors and legal proceedings (art. 39). They are available to partners at least 15 days before the meeting (art. 40).Ley 479-08, General de las Sociedades Comerciales y Empresas Individuales de Responsabilidad Limitada, as amended by Ley 31-11, art. 39 and art. 40, 2011-02-08 official text · verified 2026-10-30

2. A company must audit its statements if it uses credit from financial institutions, issues obligations of any type, or has annual gross income above 100 public sector minimum salaries (art. 33).Ley 479-08, General de las Sociedades Comerciales y Empresas Individuales de Responsabilidad Limitada, as amended by Ley 31-11, art. 33, 2011-02-08 official text · verified 2026-10-30

3. In the S.A. the president or chief executive and the chief financial officer, and in other companies the manager, give a sworn statement of responsibility on the statements, report and internal control, disclosing significant control weaknesses and any fraud (art. 43).Ley 479-08, General de las Sociedades Comerciales y Empresas Individuales de Responsabilidad Limitada, as amended by Ley 31-11, art. 43, 2011-02-08 official text · verified 2026-10-30

4. S.R.L. and S.A. hold the annual meeting within 120 days of year end (art. 110 and art. 190). Records and support are kept for ten years, digitally if valid (art. 32). Companies with partners' certificates keep a register of holders and all keep minutes of meetings (art. 34). Changes of administrators must be filed within 30 days (art. 30). Dividends come from accumulated profit after accounts are approved, and advances need two prior years of profit (art. 44).Ley 479-08, General de las Sociedades Comerciales y Empresas Individuales de Responsabilidad Limitada, as amended by Ley 31-11, art. 30, art. 32, art. 34, art. 44, art. 110 and art. 190, 2011-02-08 official text · verified 2026-10-30

5. Renewal is due every two years from the first registration (art. 12). Minutes of extraordinary meetings changing bylaws or dissolving the company are registered within a month. Registered annual meetings must cover the comisario's report, elections, profit or loss, its use and a statement that taxes are paid (art. 13). A business suspending activity without a meeting notifies the chamber in writing (art. 13).
Cost to do it: Santo Domingo renewal: RD$1,700 (about US$27.91) for capital to RD$100,000; RD$9,500 (about US$155.99) for RD$1,000,001 to RD$5,000,000; RD$15,000 (about US$246.30) for RD$5,000,001 to RD$50,000,000.Ley 3-02 sobre Registro Mercantil, art. 12 and art. 13, 2002-01-18 official text · verified 2026-10-30

6. Legal persons must file form IR-2 and pay within 120 days of year end, the same for the Asset Tax return; IT-1 (ITBIS) is due by the 20th, IR-3 and IR-17 by the 10th, formats 606, 607 and 608 by the 15th of each month even with no activity. Format 607 is not needed for electronic invoice issuers. The DGII guide states it has no legal force and points to its calendar.DGII, compliance guide for new taxpayers (December 2025), Sections 5 to 7, 2025-12-01 official text · verified 2026-10-30

7. Fiscal years end on 31 December, or if chosen on 31 March, 30 June or 30 September; changing needs authorization requested at least a month before the close (art. 300).Código Tributario, Ley 11-92, art. 300, 1992-05-16 official text · verified 2026-10-30

8. A yearly 1% tax applies to the balance sheet assets of legal persons, including real estate, after depreciation, amortization and bad debt reserves, excluding shares in other companies, rural land, farm real estate and tax advances (art. 401 to art. 404). It is settled in the income tax return. Income tax is a credit against it, and any excess is paid in two equal instalments, the second six months after the first (art. 405 and art. 407).
Example: Taxable assets of RD$100,000,000 give RD$1,000,000 of asset tax; if income tax is RD$600,000, the difference of RD$400,000 is paid in two instalments of RD$200,000. / About US$16,420.17 of asset tax and about US$6,568.07 payable.Ley 557-05, adding Title V of the Código Tributario, art. 19 (art. 401 to art. 407), 2005-12-13 official text · verified 2026-10-30

9. Agricultural sector companies are added to the asset tax exemptions.Ley 30-26, adding paragraph IV to art. 406 of the Código Tributario, art. 32, 2026-06-18 official text · verified 2026-10-30 · changed: Ley 30-26 of 18 June 2026 added the exemption for agricultural companies.

10. Late payment carries a surcharge of 3% per month or part of a month on the unpaid tax, capped at 100% of the tax owed. DGII lists this rate from 1 July 2026.Ley 30-26, restating art. 252 of the Código Tributario, art. 7, 2026-06-18 official text · verified 2026-10-30 · changed: Ley 30-26 replaced the former surcharge of 10% for the first month and 4% for later months, as the DGII guide of December 2025 still shows, with a flat 3%. The compensatory interest rate is to be reviewed from January 2027.

11. Medium and large entities pay advances monthly: one twelfth of last year's tax, or 1.5% of last year's gross income if the effective rate is 1.5% or lower. Small companies pay 100% of last year's tax in the sixth (50%), ninth (30%) and twelfth (20%) months. Micro companies are exempt. DGII lists fiscal year 2027 as the start.Ley 30-26, restating art. 314 of the Código Tributario, art. 23, 2026-06-18 official text · verified 2026-10-30 · changed: New rules for small and micro companies from fiscal year 2027.

When	What	Where	Basis
10th of each month	IR-3, IR-17	DGII	DGII guide
15th of each month	Formats 606, 607, 608	DGII	DGII guide
20th of each month	IT-1 (ITBIS)	DGII	DGII guide
By 15 March	IR-13	DGII	DGII guide
About 30 April	IR-2, asset tax, beneficial owner annexes	DGII	120 days after close
About 30 April	Annual meeting (S.R.L., S.A.)	Company	Ley 479-08 art. 110, art. 190
Within 1 month of an extraordinary meeting	Register the minutes	Chamber	Ley 3-02 art. 13
Within 30 days	Register manager or director changes	Chamber	Ley 479-08 art. 30
Every 2 years from registration	Renew the Registro Mercantil	Chamber	Ley 3-02 art. 12

Calendar for a company with a 31 December year end. Check the DGII calendar for dates that fall on holidays.

Worked example

An S.R.L. with capital of RD$500,000, assets of RD$20,000,000 and taxable income of RD$1,000,000 pays RD$270,000 of income tax at 27%, about US$4,433.45. Its asset tax is RD$200,000, which the income tax fully credits, so nothing extra is due. It renews its registry every two years for RD$3,300 (about US$54.19).

Step by step

Close the books and prepare the statements.
Have the auditor or comisario report if required.
Circulate the report 15 days before the meeting.
File the IR-2 and pay by day 120.
Hold the meeting, set aside the 5% reserve and register the minutes.
Diary the renewal date from the first registration.

Common traps

Formats 606, 607 and 608 are due even if there is no activity.
The 2025 DGII guide still shows old surcharges; use the 3% rate from Ley 30-26.
The 100 public sector salaries audit test is not quoted in pesos in the law, so check the current figure with your auditor.
Dividends rely on audited statements when art. 33 applies (art. 44).

Sources

← Beneficial ownership in the Dominican Republic: the 20% test, Annex D at the RNC, IR-2 annexes and the end of bearer sharesTransformation, mergers and spin offs of Dominican companies: keeping the legal person, creditor rights and the Registro Mercantil →

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