|Call Today +1 202 204 3060

Back to projects

The objective of this consultancy is to diagnose the complete process of electronic registration of companies, in order to optimize, stimulate and promote the use of the “One-Stop Shop”, as well as identify recommendations for reforms that may be implemented in the short and medium term, in accordance with the best global practices in this matter, to reduce the opening time of companies within 3 business days in the Dominican Republic.

In the framework of this consultancy, 4 products were requested:

  1. omparative study of international best practices where the process of opening new companies is carried out virtually as the only way, including measures and actions carried out, processes and time required for the transition.
  2. Diagnosis on the operation of the process of opening and/or face-to-face formalization and flow chart of the process through the Single Window of Formalization, with analysis of the integration of the new ONAPI and DGII systems, within the electronic platform “Formalize yourself” . Barriers and obstacles that entrepreneurs, investors and project managers face at the time of formalization and/or creation of new companies both physically and virtual; as well as the opportunities for improvements, in the short and medium term, to make the electronic platform “Formalize” a more efficient, friendly and fully electronic system, integrating the digital signature and the virtual payment of required stamps.
  3. Action Plan together with a work schedule to ensure that the largest number of companies established in the country are carried out through the Formalized Window, and that eventually it can be migrated to establish online business registration as the main route in the Dominican Republic and within 3 business days.
  4. Final consulting report containing a summary of the activities and interviews carried out and containing final conclusions and recommendations.

Funded by UNDP, 2020.