Dominican Real Estate Purchase Closing

On the day of Dominican Real Estate Purchase Closing the seller may be asked to furnish the buyer in addition to the original certificate of title (owner’s duplicate) a series of legal documents which are most commonly gathered, requested and obtained by the seller’s attorney. Among these documents is the certification issued by the title […]

DR and United States sign Punta Cana Airport customs agreement

Now it will be easier for travelers to use the Punta Cana’s International Airport bound for the United States. On December second (2nd) of 2016 The Dominican and US customs authorities signed an air pre-authorization agreement for travelers using Punta Cana’s international airport to the United States, whereby they will be exempt from registering at […]

Dominican Rep .DO TLD 25 Years

The Dominican Republic will be celebrating the 25th anniversary of the top level domain (TLD) .DO as part of a four day event called Internet Week on August 22 to 25 of 2016. The event is organized by the Latin American and Caribbean Internet Registry (LACNIC), ICANN, the Latin America and the Caribbean TLD Association (LACTLD), […]

Imported Food Products Health Ministry Registration

The import and distribution of packaged foods and beverages in the Dominican Republic requires  a Health Permit Registration prior to their supply to the general public The Ministry of Health in the Dominican Republic is the entity that controls the sanitary process of foods, alcoholic and non alcoholic beverages, beer, medicines, cosmetic products, personal hygiene […]

DR Register of Foreign Services Providers

Foreign professional service providers are required to register and present their technical or professional credentials as a guarantee, to be able to operate temporarily in the Dominican Republic. The creation of such register was decided by the Dominican Consumer Protection Institute (“Pro Consumidor”) Resolution 03-2011 of July 21st of 2011, pursuant to article 53 of […]

DR Customs Intellectual Property Protection

Dominican Intellectual Property Law 20-00, and Law 426-06 for the implementation of the DR-CAFTA, establishes that if the owner of intellectual property rights suspects that an import of goods in violation of its rights is being prepared, it may request a court as a preventive measure to order customs to suspend such dispatch of goods […]

Dominican Customs Regimes

The Dominican Republic Customs Law allows for different customs regimes which may be applied to according to the desired commercial, export and trade operation, including most that we summarize as follows: Regime of Import for Consumption Article 53 of Law No. 3489, provides that the duties and taxes to be paid over the imported goods […]

Corporate Law Overview

Business entities performing commercial activities in the Dominican Republic are governed by Dominican Law 479-08 of Commercial Entities and Individual Limited Liability Enterprises, enacted on December of 2008 as well as by inter party agreements, commercial practices and common law. The Law will consider that there is a commercial entity whenever two or more individuals […]

Dominican Customs Law

Dominican Customs Law 3489, of February 14 of 1953 and its amendments, contains the customs regime of the Dominican Republic (DR). The last amendment to Law No. 3489 was made by the Law No. 226-06, which grants legal personality and functional, budget, administrative, technical autonomy and its own patrimony to the Dominican General Customs Administration […]

DR Taxation and Tax Treaties

Income tax: The Dominican Government levies corporate income tax at the flat rate of 27% on profit after allowable tax deductions. The basis for determining taxable income is locally sourced income and foreign source income derived from investment and financial gains. There are very few differences between statutory profit and taxable profit, apart from the […]