If you are thinking of starting a business in the hardware sector in Republic Dominican, it is essential that you know the steps to formalize tu development and operate in accordance with the laws of the country.
What is a hardware store and what regulates it?
A hardware store is a establishment commercial dedicated to the sale of tools, construction materials, hardware items and products related to DIY, carpentry and blacksmithing. In Republic Dominican, the activity commercial of hardware stores is governed by the Code de Stores.
Because it is important formalize my hardware store?
Formalize Your hardware store offers you the following advantages:
- Legality and security: You will operate within the framework legal, avoiding penalties and problems.
- Credibility and confidence. : You will project an image Experience and reliable to your customers and suppliers.
- Access to financing: You will be able to access bank loans and other financing options.
- Protecting your brand: Register tu name commercial It will give you exclusivity and prevent others from using it.
- Compliance de obligations: You can comply with your obligations tax and labor.
What are the steps to formalize a hardware store?
To formalize your hardware store, you must follow these steps:
1. Register el name commercial in ONAPI:
- Go to the Office National de Intellectual Industrial (ONAPI) for register el name from your hardware store.
- Choose a name that is distinctive, easy to remember and represents your development.
- Verify that the name not previously registered by another company.
2. Register in the Camera de Stores:
- Go to the Camera de Stores y Manufacturing from your location to obtain the Register Commercial law.
- This record will give you personality legal and will allow you to carry out commercial activities of crafts legal.
- You must present the documents of Constitution your companyand record de Constitution and the statutes.
3. Obtain the RNC from the DGII:
- Sign up for the Register National of the Taxpayer (RNC) in the Address General Directorate of Internal Revenue (DGII).
- The RNC is yours identification tax and will allow you comply with your obligations prosecutors, such as the paid of taxes.
4. Register as an employer with the TSS:
- If you plan to hire employees, register as an employer with the Treasury of the Social security (TSS).
- This will allow you to make the corresponding payments for the social Security of your workers, like the Safety of health and fondo of pensions.
