Dominican Republic Increases Minimum Salary and Maximum Social Security Contributions Basis

With effect from 1 July 2019, the Dominican Republic has increased the minimum monthly salary as follows, based on the business size:
- Large businesses - DOP 17,610
- Medium businesses - DOP 12,107
- Small businesses - DOP 10,728
For social security contribution purposes, the minimum monthly salary (MMS) affects the maximum contribution basis, which is 20 times MMS for pension, 10 times MMS for h…