Notice No. 21-24 requires commercial companies to identify an individual responsible for the company's tax obligations.
The Dominican tax authority (DGII) on October 25, 2024, issued Notice No. 21-24, requiring all commercial companies to identify an individual responsible for the company's tax obligations.
The notice is based on Article 3 of Law No. 25-24, which amended Article 11 of the Dominican Tax Code (CTD) regarding joint liability for tax obligations. Specifically, it refers to subsection J of the CTD, which states that individuals in key positions within legal entities are jointly liable for the taxpayer's tax obligations if they evade or consent to tax non-compliance.
Each company must identify the individual responsible for tax compliance, supported by a shareholder’s meeting minute or an equivalent act, and register this document with the Chamber of Commerce and Production or the corresponding regulatory body. Newly incorporated commercial companies must identify this person in the National Taxpayers Registry (RNC) registration form, while already registered companies have until their next ordinary general shareholder’s meeting to update the RNC.
Non-compliance will result in the DGII designating the responsibility for tax obligations to the individual designated as manager, administrator, or the individual with the highest participation/shareholding percentage within the entity.
Read a December 2024 report in English and Spanish prepared by the KPMG member firm in the Dominican Republic