Please visit the export.gov page on the Dominican Republic for an overview of economic conditions and opportunities in the region.
If you are considering doing business in the Dominican Republic, here are some steps you may wish to consider as you get started:
1. Visit the Dominican Republic’s export.gov page to get an overview of economic conditions and opportunities. Access the U.S. Commercial Service Market Research Library containing more than 100,000 industry and country-specific market reports, authored by our specialists working in overseas posts.
2. Contact Information and Links for Assistance:
This section provides information for current and potential investors in the Dominican Republic.
1. Potential investors: Getting Started.
If you are considering investment in the Dominican Republic, here are some steps you may wish to consider as you get started:
2. Current Investors: Staying Connected
If you are a current U.S. investor in the Dominican Republic, the U.S. Embassy wants to stay in touch. Here are a few steps you can take to keep the channels of communication open:
3. Working in the Dominican Republic
In this section you will find information on business visas, travel advisories, and anti-corruption tools.
For information on obtaining a visa to visit the Dominican Republic, visit the website of the Dominican Embassy in the United States.
Make sure to check the current State Department travel advisory for the Dominican Republic
The Foreign Corrupt Practices Act (FCPA) is an important anti-corruption tool designed to discourage corrupt business practices in favor of free and fair markets. The FCPA prohibits promising, offering, giving or authorizing giving anything of value to a foreign government official where the purpose is to obtain or retain business. These prohibitions apply to U.S. persons, both individuals and companies, and companies that are listed on U.S. exchanges. The statute also requires companies publicly traded in the U.S. to keep accurate books and records and implement appropriate internal controls.
More information on the FCPA can be found here: http://www.justice.gov/criminal/fraud/fcpa/
A party to a transaction seeking to know whether a proposed course of conduct would violate the FCPA can take advantage of the opinion procedure established by the statue. Within 30 days of receiving a description of a proposed course of conduct in writing, the Attorney General will provide the party with a written opinion on whether the proposed conduct would violate the FCPA. Not only do opinions provide the requesting party with a rebuttable presumption that the conduct does not violate the FCPA, but DOJ publishes past opinions which can provide guidance for other companies facing similar situations.
More information on the DOJ opinion procedure can be found here: https://www.justice.gov/criminal-fraud/fcpa-opinions