Since 2008, the Dominican Republic has an adequate legal framework which regulates the life of commercial companies and sole proprietorships with limited liability; however, in 2012, the Chamber of Commerce and Production of Santo Domingo, meeting its commitments before the Inter-American Development Bank – IDB, led a field study in order to verify the status of business informality in Santo Domingo, which provided alarming information and results, reflecting a reality that required the State’s immediate intervention. (more…)