Overview
Capital
Santo DomingoCurrency
PesoDate Format
dmy 
Public holidays calendar
Taxes
Employer
3.00% - Health Insurance
1.25% - Labor Risk Insurance
1.25% - Labor Risk Insurance
Employee
7.00% - Health Insurance
7.12% - Incapacity/ Retirement Fund
0.00% - Up to 416,220
15.00% - 416,220 -624,329
20.00% - 624,329 - 867,123
25.00% - Over 867,123
7.12% - Incapacity/ Retirement Fund
0.00% - Up to 416,220
15.00% - 416,220 -624,329
20.00% - 624,329 - 867,123
25.00% - Over 867,123
Minimum Wage
General
Minimum wage in Dominican Republic is broken up by location as the following:
- In the TFZ (free trade zone): 8,310 Pesos monthly ($168.480)
- Outside of the FTZ: 7,843 - 12,873 Pesos monthly (dependent on the size of the company). ($159.01-261)
- The Public Sector: 5,884 Pesos monthly.
Paid Time Off
Vacation days
Employees are entitled to receive a minimum of 14 vacation days yearly
Sick days
There is no legal requirement for sick days.
Maternity Leave
New mothers are entitled to leave of 6 weeks before birth, 6 weeks after birth.
Paternity Leave
New fathers are entitled to paternity leave of 2 days.
Parental Leave
No legal requirement.
Additional Leave
Leaves of absence:
* Marriage: 5 days
* Death of a spouse, child, parent or grandparent: 3 days
Working Hours
General
Fulltime employment is considered 44 hours weekly, and 8 hours daily.
* Executive and management positions excluded.
Overtime
All hours over 44 are paid at 135%, hours over 68 in one week are paid at 200%
* Excluding managers
VAT
General
18% standard rate.
Payment
Payroll Frequency
Salaries are paid on at minimum monthly.
Mandatory Benefits
Pension Fund
Employers contribute 7.10% of employees salary. Employee contributes 2.87% of their wages.
Social Security
Of the total insured person and employer contributions (9.97%), 8.0% is directed to the individual account, 1% pays for disability and survivor insurance, 0.5% pays for pension fund management companies' administrative fees, and 0.07% contributes to the Superintendent of Pensions' operating costs.
Chirstmas Salary
An additional salary if 1/12 the annual wage paid on December 20th.
Termination
Termination Process
Termination period is dependent on how long the employee has been with the company.
* 3-6 months: Employer must provide 7 days notice
* 6-12 months: Employer must provide 14 days notice
* Over 12 months: Employer must provide 28 days notice
Advance Notice
Notice period is dependent on how long the employee has been with the company.
* 3-6 months: Employee must provide 7 days notice
* 6-12 months: Employee must provide 14 days notice
*Over 12 months: employee must provide 28 days notice
Severance Pay
Employees are entitled to severance payments on the basis of the length of their employment with the company.
* 3-6 months of employment: 6 days of salary
* 6-12 months of employment: 13 days of salary
* 1-5 years of employment: 21 days of salary per year
* 5+ years of employment: 23 days of salary per year
