Dominican simplified corporation or SAS

The Dominican SAS or Simplified Corporation may be incorporated among two or more persons, who are only liable for the amount of their respective share contributions and which will have legal personality. To its corporate name the words “Sociedad Anónima Simplificada” or S.A.S. shall be included. The by-laws will establish the amount of the authorized […]

Hard Rock Hotel SDQ Construction Q1 2016

By Arthur & Castillo (info@aclaw.com) Hard Rock Hotel executives have presented the Dominican Government a project for the construction of a Hotel in the business and financial center of Santo Domingo. The Hard Rock Hotel Santo Domingo will be 40 stories high and will be built at Lincoln Avenue in  in the first quarter of […]

Shopmundo.com Launching

ARTHUR & CASTILLO attorneys attended client launching of the first E- Commerce platform in the Dominican Republic Shopmundo.com in a Press Release on October 27, 2015. Shopmundo.com E-commerce site is oriented to a target market that is pristine, where clients and sellers can connect in areas where it is difficult to access the global market. […]

Dominican Property Inheritance

Under Dominican Law, there are two very important aspects of Dominican property inheritance which have an impact on Dominican property inheritance of real estate assets of a deceased individual: the time and domicile of the deceased. The time of opening of a state is the day that death occurs. Based on this rule of law, […]

DR Company Management

Dominican Republic Companies may be represented by one or more representatives, whether compensated or not, who do not have to be partners. The representatives may delegate part or all of their duties, if the by-laws so allow, but are liable to the company for the actions of the persons to whom they delegate those. The […]

Dominican Corporation SA

The Dominican corporation or Sociedad Anonima- SA is a business entity that exists among two or more persons under a corporate name and is composed exclusively by shareholders whose responsibility for the losses is limited to their contributions. Its capital is represented by negotiable titles called shares, who must be entirely subscribed and paid prior […]

DR Hotels & Casinos Minimum Wage

Employers in the Dominican hotels, casinos, restaurants, bars, cafes, cafeterias, night clubs, fast food and other food and beverage business, should know that Dominican Labor Ministry Resolution 17-2015 of National Minimum Wage for such sectorized employees was approved on August 25, 2015. The most relevant provisions of Resolution 17-2015 include: Fixing the minimum wage of […]

DR to become Caribbean’s Air Hub

The Dominican Republic’s tourism industry and commercial aviation representatives agreed on August 10, 2016 to work to make the country the Caribbean’s major air hub. The proposal was discussed in a gathering hosted by the Dominican Tourism Press Association (Adompretur), where the president of the Civil Aviation Board (JAC)  promised to mediate to present the […]

Dominican companies tax incentives

On May of 2015, the Center for the Industrial Development and Competitiveness awarded 16 Industrial Qualification Certificates to companies that will benefit from the provisions established under Law 392-07 of Industrial Development and Competitiveness; including tax and custom duties exemptions, in order to promote actions that shall endeavor the improvement in the productivity of processes, […]

DR Taxation of Property Transactions

The purchase or sale of real estate property in the Dominican Republic should be made through a written contract in which the parties reflect their agreement about the identity of the property being sold, the sales price and the terms and conditions of the sale. It is recommended that the seller and the buyer obtain […]