The island of Hispaniola is shared by the Dominican Republic and Haiti. The DR is a middle-income economy with the largest economy of Central American and the Caribbean. The country has surmounted the economic crisis of 2010, and is still growing due to the construction, manufacturing, and tourism industries. Yet, despite the economic growth over the years, the income disparity has only grown. The country’s high dependency on trade has also caused a political dilemma on an international level.
There is much room for competition and success to be had on the island. Many stakeholders have initiated plans and programs to deal with issues such as climate change, natural disasters, improved infrastructure, and social services. The predominant language is Spanish, with a population of 10.5 million.
Expanding to Dominican Republic isn’t as easy as it sounds. From startups to growing enterprises, companies with operations in Dominican Republic require sophisticated payroll management software and global payroll solutions. With the right payroll management software, it’s possible to streamline processes and ensure total payroll compliance. As an industry leader, Blue Marble Payroll equips your organization with the knowledge and global payroll solutions you need to achieve operational and payroll success in Dominican Republic and other international locales.