Americas · Tax guide
Dominican Republic
The Dominican Republic taxes company profits at 27%, with a 1% asset tax as a minimum, charges ITBIS (VAT) at 18%, and is completing the move to electronic tax receipts (e-CF). Taxes are administered by the DGII.
At a glance
- Corporate income tax
- 27%
- Asset tax
- 1%
- ITBIS (VAT)
- 18%
- Withholding on payments abroad
- 27%
With a minimum asset tax
Creditable against income tax
Reduced rate on some goods
Lower on dividends and interest
Income tax and asset tax
Companies pay 27%, with a 1% asset tax acting as a minimum. Monthly advances are paid and the return is filed within 120 days of the year-end. Small businesses can use the simplified regime (RST).
ITBIS and e-CF
ITBIS is 18%, filed monthly by the 20th. Electronic tax receipts (e-CF) are being made mandatory for all taxpayers under Law 32-23.
Payments abroad
Payments to non-residents carry 27% withholding, with lower rates on dividends and interest. The Dominican Republic has very few tax treaties.
Key dates
- By the 20th of each monthITBIS return
- Within 120 days of the year-endIncome tax return
Figures and sources
4 figures- Corporate income tax rate27%Under professional review
- Tax on assets (creditable against income tax)1%Under professional review
- ITBIS (VAT) rate (16% reduced)18%Under professional review
- Withholding on payments to non-residents (10% on dividends and interest)27%Under professional review
Indicative only. This assessment is a high-level overview of tax obligations in Dominican Republic based on the information you provided and rules in force for 2026. It is not tax or legal advice. Consult a qualified tax adviser in Dominican Republic (a Dominican tax adviser) before making compliance decisions.