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DOMINICAN REPUBLIC Business Climate Ilka Gómez Manager Commercial Services & Membership

DR Business Climate

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Page 1: DR Business Climate

DOMINICAN REPUBLIC Business Climate

Ilka Gómez

Manager

Commercial Services & Membership

Page 2: DR Business Climate

Ten Business Climate Indicators in

World Bank’s Doing Business Report

• Starting a Business

• Dealing with Construction Permits

• Getting Electricity

• Registering Property

• Getting Credit

• Protecting Investors

• Paying Taxes

• Trading Across Borders

• Enforcing Contracts

• Closing a Business

• Employing Workers

Page 3: DR Business Climate

Doing Business 2014

Latin America

Page 4: DR Business Climate

Doing Business Report 2014

DR vs. Latin America Average

Page 5: DR Business Climate

Source: World Bank. 2013. Doing Business 2014: Understanding Regulations for Small and Medium-Size Enterprises.

Washington, DC: World Bank Group. DOI: 10.1596/978-0-8213-9615-5. License: Creative Commons Attribution CC BY 3.0

Doing Business Report 2014

Dominican Republic

Page 6: DR Business Climate
Page 7: DR Business Climate

Who are we?

Page 8: DR Business Climate

• Founded in 1923

• + 2,000 Member Companies from all Sectors

• 120 US Companies

• Dominican Companies doing business with US

• National Presence: Ten Chapters– One AMCHAM

¿WHO WE ARE?

Page 9: DR Business Climate

• Vision: The consolidation in the Dominican

Republic of sustainable economic

development based on an open and

transparent markets, respect for the rule of

law, and socially responsible corporate

behavior.

• Mission: Enable our members to achieve

their maximum economic, professional and

civic potential by providing access to

knowledge, opportunities and best practices.

Institutional Vision & Mission

Page 10: DR Business Climate

AMCHAM Priorities

• Strengthen Rule of Law and Public Institutions

• Enhance Competitiveness through advocacy of

policies/practices that lower transactional costs

• Facilitate Trade & Investment with US

• Promote Corporate Social Responsibility,

Sustainability and Corporate Governance

• Stability in Haiti through private sector-led

growth

Page 11: DR Business Climate

SERVICES

Page 12: DR Business Climate

Commercial Services

• Trade Missions and Trade Shows

• Contact Lists

• Business Appointments

• Business Directories

• Access to Business Opportunities

Trade and Investment Services

• Commercial Information

• Legal Information

Professional Development

• Conferences

• Forums

• Seminars and workshops

SERVICES

Page 13: DR Business Climate

Lobby • Representation of our membership in the creation of public policies and legislation that could affect the private sector

Corporate Social

Responsability • Private Social Investment

Member Services

• Membership Card

• Discounts

• Visa preparation services

• Networking

Promotional Services

• Sponsorship Opportunities

• Advertisement in AMCHAMDR media

• Direct mailings

SERVICES

Page 14: DR Business Climate

INVESTOR’S GUIDE OF DR

For information about the investment legal

framework in the Dominican Republic,

visit:

AMCHAMDR Investor’s Guide

http://www.amcham.org.do/guia2014/en/

Includes updates such as:

New film industry law

Development in local mortgage market

Creation of the single window for investment

Intellectual property strategy

Page 15: DR Business Climate

THANK YOU!!

[email protected]