Canada    FinTech Guide    Chapter 10    Dominican Republic


10. Accounting
Dominican Republic  Dominican Republic

The social and political climate is indifferent and there are no reservations.



Legal Affairs


There is no specific regulation for the provision of these services.



Economic Conditions


The Dominican government does not keep track of or publish this data.



Miscellaneous


Pursuant to Law 126-02 on E Commerce, Electronic Documents and Digital Signature., electronic trade of goods and services in general is valid in the Dominican Republic, subject to any special regulation that may be established for a specific sector.

Accounting services are regulated in the Dominican Republic, but not at the level of firms. Instead, pursuant to Law 633 dated 16 June 1944, the natural people who will provide the services (as employees, partners, agents, etc.) must be Certified Public Accountants and members of the Institute of Authorized Public Accountants of the Dominican Republic.



Contributing Authors

Jiménez Cruz Peña

José Cruz Campillo
Santo Domingo, Dominican Republic

Search by:

Chapter Index:


1. Payment Services / Mobile Payment

2. Asset and Portfolio Management

3. Consulting and Broking Services / Robo-advisory / Auto-trading

4. Trading Platforms / Social Trading Platforms / Signal Following

5. Crowdfunding / Crowdinvesting / Crowdlending

6. Virtual Currency - Bitcoin

7. Loan Services / Factoring / Loan Broking / Finetrading

8. Online Banking Services

9. Analytics and Research / Data Management / Risk Management

10. Accounting

11. Identification

12. Online-pawning

13. InsurTech

14. RegTech

15. Initial Coin Offerings (ICOs)

Disclaimer:
The information in this guide provides a general overview at the time of publication and is not intended to be a comprehensive review of all legal developments nor should it be taken as opinion or legal advice on the matters covered. It is for general information purposes only and readers should take legal advice from a Multilaw member firm.

Publication Date: 1 May 2018