Facts & Stats
- Capital city
Dominican peso (RD$, DOP)
- Population size
- Ease of doing business
- Cost of living index
- Payroll frequency
- VAT - standard rate
- GDP - real growth rate
Covered with palm-studded beaches, tropical rainforests, antique Spanish architecture, and plantations that produce half the bananas eaten across the world, the land of endless summer is more than just another vacation hotspot. The Dominican Republic has witnessed strides in economic growth that are unparalleled in the Americas, driven by gains in agriculture, mining, forestry, and a burgeoning tourism industry that hosts 6 million tourists annually.
Grow your team in Dominican Republic with Remote
Looking to employ workers in Dominican Republic? Companies hiring in Dominican Republic must either own a legal entity in the country or work with a global employment solutions provider, usually one that provides employer of record services.
Remote can employ your team in Dominican Republic on your behalf through our local legal entity in the country and handle payroll, benefits, taxes, and compliance for your Dominican Republic team. You can also pay contractors now in Dominican Republic with Remote in some currencies (talk to an expert now for full details).
Risks of misclassification
Dominican Republic, like many other countries, treats self-employed individuals or contractors and full-time employees differently. Misclassification of contractors in Dominican Republic may lead to fines and penalties for the offending company.
Employing in Dominican Republic
Provisions for employee protections and workers’ rights are spelled out in the Labor Code of 1992 that applies to the nation’s entire workforce of 4.8 million. Employees in the Dominican Republic enjoy protections against discrimination based on age, religion, gender expression, and race.
Common questions that could come up during the hiring process include the minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in the Dominican Republic.
We can help you get a new employee started in Dominican Republic fast. The minimum onboarding time we need is only 27 working days.
Our team ensures your employees are onboarded and paid as quickly as possible while keeping your business compliant with all local employment legislation. The minimum onboarding time begins after the employee submits all required information onto the Remote platform. The onboarding timeline is also dependent upon registration with local authorities.
For all non-nationals of the country of employment, the Right to Work assessment (if applicable) will add three extra days to the total time to onboard. There may be extra time required if we need to follow-up on the right to work assessment.
Please note, payroll cut-off dates can impact the actual first day of employment. Remote has a payroll cut-off date of the 10th of the month unless otherwise specified.
11 Public holidays
Competitive benefits package in Dominican Republic
At Remote, we’re obsessed with helping you craft the best possible employee experience for your team. We are leading the way in practicing “fair equity,” which means making sure employees everywhere have access to both the required and supplemental benefits they need to thrive (and that will allow you to attract the best local talent).
Our benefits packages in Dominican Republic are tailored to fulfill the local needs of your employees. Typically, our packages contain some or all of the following benefits:
Mental Health Support
Pension or 401(K)
Life and Disability Insurance
Taxes in Dominican Republic
Learn how employment taxes and statutory fees affect your payroll and your employees’ paychecks in Dominican Republic.
Health Insurance/Family Healthcare
Labor Risk Insurance
Types of Leave
Employees are entitled to 14 days off annually after completing a year of employment, with four additional days after the fifth year is completed.
Employee contracts can either be terminated for just cause or at the employer’s discretion.
Employees can only be terminated at an employer’s discretion with adequate notice given, ranging from just seven days to 28 days notice.
Employees who’re dismissed at an employer’s discretion are entitled to severance payment proportional to their tenure working with an employer. If just cause for termination is provided, an employee won’t be owed any compensation.
As per Dominican Republic law, there are no probationary periods.