Economy

Economy June 13, 2025 | 1:09 pm

High business closure rates in Dominican Republic

Santo Domingo.- In the Dominican Republic, companies that remain inactive for 24 to 59 months are designated as being in a "cessation" state. According to the National Statistics Office (ONE), over 31,400 businesses were officially declared closed in the past year, accounting for 69.2% of all cessation cases. This data comes from the 2024 edition of the ... Read more

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