OrbitaxDominican Republic Establishes New Criteria for Enterprise Size and Corresponding Minimum Salary Amounts
|Approved Changes|Dominican Republic
The Dominican Republic has published Resolution No. 01/2021, which establishes the criteria for a company to qualify as a large, medium, small, or micro enterprise and sets the minimum monthly salary (MMS) for each enterprise type. The established criteria are as follows:
- Large enterprise - 151 or more employees or gross annual sales exceeding DOP 202 million
- Medium enterprise - 51 to 150 employees or gross annual sales exceeding DOP 54 million up to 202 million
- Small enterprise - 11 to 50…