Is there a US-Dominican Republic income tax treaty?

The IRS treaty tables list no comprehensive income tax treaty with the Dominican Republic.

Can I form an LLC in New Mexico if I live in Dominican Republic and have never visited the US?

From Dominican Republic, yes. US LLC formation does not require US residency, a US visit or a Social Security Number. Founders based in Dominican Republic form New Mexico LLCs remotely using a registered agent for the required US address, and they apply for an EIN with "Foreign" or "N/A" in place of an SSN.

Can a Dominican resident open a Mercury or Relay account?

Yes in principle. The Dominican Republic is not on Mercury's prohibited list (residence-based) or on Relay's list (owners' citizenship or residency), subject to each bank's own review.

How long does a New Mexico LLC take from Dominican Republic?

From Dominican Republic, state approval in New Mexico typically takes a few business days to about two weeks depending on filing volume, and the EIN can often be obtained the same week by phone. Most founders have the LLC, the EIN and a bank application in 2-4 weeks.

What ongoing filings does a Dominican founder need for a New Mexico LLC?

From Dominican Republic, only the federal one: Form 5472 with a pro forma Form 1120, due every year for a foreign-owned single-member LLC, with a $25,000 minimum penalty if missed. New Mexico has no annual report or fee to add.

What time can I phone the IRS from the Dominican Republic?

The IRS international line is open 6 a.m. to 11 p.m. Eastern. The Dominican Republic is on UTC-4 all year, so the window is 6 a.m. to 11 p.m. in US daylight time and 7 a.m. to midnight in US standard time.

Does the Dominican Republic tax income earned through a US LLC?

PwC's summary says the Dominican Republic follows a territorial concept, so foreign-source income generally is not taxed, but residents are taxed on foreign investments and financial gains. Ask a Dominican adviser how your LLC income is classified.

Form a New Mexico LLC from Dominican Republic: Complete 2026 Guide

Everything a Dominican Republic-based founder needs to form, bank, and run a New Mexico LLC — costs, EIN process, and tax angles specific to Dominican Republic.

Start your formation View pricing

$50 · State filing fee

None - New Mexico requires no… · Annual fee

3-7 business days · Avg. filing time

Wire/ACH via a US business bank… · Transfer method

Quick Summary

Country: Dominican Republic
State: New Mexico
Avg. filing time: 3-7 business days
State filing fee: $50
Annual report fee: None - New Mexico requires no annual report and no franchise tax of any kind for a standard LLC (the only US state offering true zero ongoing state-level filing)
Transfer method: Wire/ACH via a US business bank account (eligibility depends on your country of residence and citizenship)

Why New Mexico

What makes New Mexico worth a look for someone in Dominican Republic: the state fee is $50 on paper ($50 online), and after that the state-level upkeep is $0 ever — New Mexico is one of the only states with no ongoing annual report or annual fee for LLCs. The state levies no tax on LLC income earned outside the state for non-resident owners. New Mexico does not publicly disclose member or manager names in its formation records. None of this changes your Dominican Republic tax position, which sits on top of the US picture, but it does mean New Mexico itself adds little friction. Among the five states we cover, New Mexico is the only one of the five with no annual filing at all.

For Dominican Founders

Dominican freelancers, consultants, developers and online sellers form US LLCs to invoice international clients in dollars, hold a US business bank account and present a domestic US vendor to American customers. The Dominican Republic taxes on a territorial concept, so foreign-source income is generally outside its tax base. The question for an owner is how the authorities classify income earned through the LLC.

After Formation Checklist

Checklist once the EIN letter arrives: (1) Operating Agreement signed and stored; (2) bank account application submitted; (3) Stripe and/or PayPal applications, subject to their own review; (4) there is no New Mexico annual filing to calendar in your calendar; (5) Form 5472 with a pro forma 1120 on the federal calendar. Federal Beneficial Ownership Information reporting is not something you need to do: FinCEN's rule in force since August 14, 2026 permanently exempts all US-formed LLCs.

Is New Mexico Right For You

Choose New Mexico when minimizing ongoing paperwork is the top priority — no annual report, ever, is unique among these five states — and strict privacy matters more to you than name recognition. If your priorities lean another way, compare the other four states first, because moving a New Mexico LLC to another state later means dissolving it and forming a new one.

Forming In New Mexico Step By Step

Forming from Dominican Republic is a five-step job. One: choose and check the name. Two: appoint a registered agent with a physical New Mexico address. Three: file the New Mexico formation documents. Four: obtain the EIN, entering "Foreign" or "N/A" where Form SS-4 asks for an SSN or ITIN; by phone on 267-941-1099 it takes about 45-60 minutes, by fax or mail 4-6 weeks. Five: open the business bank account online. No US trip is needed at any point.

New Mexico LLC For Dominican Founders

New Mexico suits a Dominican founder who wants the lightest US paperwork: a $50 filing fee, no annual state report and no annual fee, leaving only the federal Form 5472 and pro forma 1120.

Five Year State Cost Of A New Mexico LLC

Over five years, the state-level cost of a New Mexico LLC is a $50 filing fee and nothing recurring, so $50 in total, before the registered agent. That makes New Mexico the cheapest of the five states on this measure. The same arithmetic across the five states runs from $50 to $2,110. For a Dominican owner, the Dominican Republic follows a territorial concept for income, so the question is how a resident's foreign LLC income is classified.

Your Recurring Dates As A Dominican Owner

As a Dominican owner, your recurring dates look like this. State: New Mexico adds no state annual filing at all. Federal: Form 5472 with the pro forma Form 1120 is due on the return due date, April 15 for a calendar-year LLC, extendable with Form 7004. For the one-off EIN call, the IRS line (6 a.m. to 11 p.m. Eastern) is open 6 a.m. to 11 p.m. Dominican time in US daylight time (7 a.m. to midnight in US standard time). Put the state date and the federal date in your calendar when the EIN arrives, because a missed Form 5472 carries a $25,000 minimum penalty.

Calling The IRS From The Dominican Republic

The IRS international EIN line (267-941-1099) answers from 6 a.m. to 11 p.m. Eastern. The Dominican Republic is on UTC-4 all year with no daylight saving. In US daylight time the two clocks match, 6 a.m. to 11 p.m., and in US standard time the window is 7 a.m. to midnight Dominican time. Any daytime call is comfortable. Plan on 45-60 minutes.

Dominican Territorial Taxation And Foreign Income

PwC's summary says the Dominican Republic follows a territorial concept for the determination of taxable income, so Dominican-source income is taxable and foreign-source income generally is not. It also says residents are taxed on foreign investments and financial gains, and that for individuals who become residents, foreign-source income is taxed only after the third year of residence. For 2026 PwC's table shows a tax-free threshold of DOP 416,220 and rates of 15, 20 and 25 percent in the bands above it. The summary does not describe a controlled-foreign-company regime. Whether profit earned by a US LLC for services performed abroad counts as foreign-source business income or as taxable foreign investment income is a question for a Dominican adviser.

What A New Mexico LLC Costs From Dominican Republic

Here is the first-year budget for a New Mexico LLC owned from Dominican Republic. State filing: $50 ($50 online). Registered agent: typically $100-150 a year, or included in EasyBrise Global Launch at $295 for year one ($149 a year after that). EIN: free if you apply to the IRS yourself. Bank account: usually free at Mercury or Relay. Recurring state requirement: $0 ever — New Mexico is one of the only states with no ongoing annual report or annual fee for LLCs. Most founders land well under $500 all-in for year one.

What Stays American Even With A Territorial Home Country

A territorial home system does not remove US filings. A foreign-owned single-member LLC files Form 5472 with a pro forma Form 1120 every year, with a $25,000 minimum penalty for a missed or incomplete filing. Keep the operating agreement, the contracts that show where your clients are and the invoices together, because banks, processors and a Dominican adviser will ask for them.

No Income Tax Treaty Between The Dominican Republic And The US

The IRS treaty tables list no comprehensive income tax treaty between the Dominican Republic and the United States. Because foreign-source income is generally outside Dominican tax, a treaty is less necessary for business income, but it also means no treaty relief for any foreign income that is taxable. The rules that decide your outcome are the US rules for the LLC and Dominican classification of the income.

Requirements

Requirement	Needed
US Social Security Number
US visit required
Registered agent with US address
New Mexico annual filing
Federal Form 5472 + pro forma 1120

Costs

Item	Cost
State filing fee	$50 (mail) / $50 (online)
Registered agent (annual)	$100-150/yr (or included in EasyBrise Global Launch)
EIN application	Free via IRS (or via a paid service)
US business bank account	Free at most US business banks (eligibility varies by country)
EasyBrise Global Launch (year 1, incl. registered agent)	$295
EasyBrise renewal (year 2+)	$149/yr

Who Should Choose New Mexico

Choose New Mexico if

minimizing ongoing paperwork is the top priority — no annual report, ever, is unique among these five states — and strict privacy matters more to you than name recognition

Consider another state if

your priorities (fundraising plans, revenue level, or reporting tolerance) point more strongly to one of the other four states in the comparison table above.

Comparison

State	Filing Fee	Annual Requirement	State Income Tax	Privacy
Wyoming	$100 mail / $102 online	$60	None	No public member names
Delaware	$110	$400 flat annual franchise tax	None	No public member names
Texas	$300	$0 franchise tax for LLCs with revenue below the no-tax-due threshold	None	No public member names
New Mexico	$50	$0 ever	None	No public member names
Florida	$125	$138.75 mandatory annual report fee, due every year	None	Member names public

Taxes

No US-Dominican Republic income tax treaty (TIEA only); territorial system taxes foreign investments/financial gains only, with a 3-year exemption for new residents; Law 30-26 (effective 2027) broadens foreign-source income to include technical assistance services

Banking

Mercury
Popular with non-resident founders; requires US LLC + EIN; no US visit needed
Relay
Remote-friendly for non-residents; requires formed US entity

Frequently Asked Questions

More guides for founders in Dominican Republic

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