FEDOCAMARAS supports the closure of illegal businesses

Santo Domingo.- The Dominican Federation of Chambers of Commerce (FEDOCÁMARAS) has voiced its full support for the recent measures taken by Dominican authorities against businesses found in violation of the country’s tax and labor laws, resulting in their closure.

Under the leadership of Carlos Iglesias, the organization commended the proactive intervention of the Internal Revenue Directorate (DGII) and the Customs Directorate (DGA) in shutting down establishments that flout national tax and labor regulations. FEDOCÁMARAS emphasized that such actions are crucial to curbing unfair trade practices that undermine economic and commercial growth.

During its latest regular meeting in Pedernales province, participants unanimously recognized the importance of these enforcement actions in safeguarding the overall business environment across the nation.

FEDOCÁMARAS, a nationwide entity representing various chambers of commerce, collaborates to promote private sector contributions to the Dominican Republic’s economic development while ensuring adherence to national laws and regulations.

“All businesses, irrespective of their origin, must comply with tax regulations as mandated by the authorities,” stated Iglesias during the meeting.

Additionally, FEDOCÁMARAS emphasized that the closure of businesses found in violation serves as a necessary step to maintain fairness and transparency within the commercial sector. The organization underscored the significance of upholding laws and meeting tax obligations to foster an environment of equitable competition for all merchants.

Representing the country’s chambers of commerce, FEDOCÁMARAS expressed confidence in the continuation and potential expansion of these enforcement measures to achieve trade regularization that benefits businesses, consumers, workers, and the Dominican economy as a whole.