Dominican Senate Raises Corporate Tax to 30% for Large Firms

Dominican Republic · Economy

Key Facts

—Duration The 30% rate is a temporary measure applying only to tax years 2026, 2027, and 2028, after which the rate is scheduled to revert to 27%.

—Threshold Only companies with annual revenues exceeding DOP 1 billion (about US$17 million) must pay the higher 30% rate, representing less than 0.8% of all registered firms.

—MSME Protection Micro, small, and medium-sized enterprises are explicitly exempt from the increase, and microenterprises will see their advance corporate tax payments eliminated entirely.