More than 11,000 companies registered in the Santo Domingo Chamber of Commerce in 2021

The Santo Domingo Chamber closed 2021, with a total of 11,336 new companies registered, which represents an increase of 26%, compared to 2020 where 8,408 companies were created.

Manuel Luna Sued, president of the Board of Directors of the Santo Domingo Chamber, said that these numbers are encouraging in the face of the panorama generated by the Covid -19 sanitary crisis.

“We can say that we are facing a significant economic recovery judging by the flow of transactions that we process and by the registration of new companies by Dominican entrepreneurs,” he said.

Luna Sued also reiterated his commitment to continue contributing to the economic development of the country.

According to the report of the Santo Domingo Chamber, of the 11,336 companies that were registered in 2021, some 9,695 correspond to Limited Liability Companies (S.R.L.).

914 were individuals; 516 were Individual Limited Liability Companies (EIRL); 140 were foreign companies; 63 were Simplified Joint Stock Companies (SAS) and 12 were Corporations.

A total of 117,491 transactions were carried out in 2021, an increase of 42% compared to 2020.

Of these, 26.82% correspond to document registration services; 21.91% modifications to commercial registrations; 17.81% in registration renewals; 13.71% in certified copies and 9.81% in incorporation.

Luna reiterated that the Chamber’s team is working to achieve soon that all the services provided by the Chamber for the commercial registry can be executed online “our goal for this year 2022, is precisely that to continue innovating so that doing business in the Dominican Republic, is an agile and easy process”.

author avatar
Dominican Republic Live Author

Leave a Reply

Your email address will not be published. Required fields are marked *

2 − 1 =

Verified by MonsterInsights