DR Single Owner Limited Company

The Dominican Single Owner Limited Liability Company or EIRL belongs to an individual and is an entity provided with its own legal personality, with capacity to be owner of rights and obligations, which form an independent and separate patrimony from all the other assets of the individual owner of such enterprise. It may conduct all types […]

Dominican Residence for Retirees and Rentists

By Maria Arthur (marthur@aclaw.com) Applying for a special residency by investing the Dominican Republic, or a special residency for pensioners or rentiers of foreign source income, constitutes a legal privilege that exempts its beneficiary from the procedure of previously applying for a temporary residence in the Dominican Republic. This implies a series of administrative facilities […]

DR Immigration, residence and work visas

Any foreigner that enters the Dominican Republic falling within the several Dominican immigration categories is considered a (temporary or permanent) “resident” or a “Non Resident”. Generally, a valid Passport and a Tourist Card which may be purchased upon arrival at the airport is sufficient to enter the country. All nationals of countries that are able […]

Registration of Wills in Dominican Republic

Notary Law 140-15, created a Register of Wills to protect the interests of the parties involved in a will prepared in the Dominican Republic. As a result, all notaries that provide notarization services for the preparation of a will must register an extract of such will, before the corresponding judicial authority, within a period of […]

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, […]

Private International Law 544-14

On October 15th of 2014, the Executive Branch enacted Law 544-14 of Private International Law of the Dominican Republic, which is now considered one of the most advanced references in the Caribbean. The objective of Law 544-14 is to regulate the private international relationships of a civil and commercial character in the Dominican Republic, in […]

Tax Regime of Trusts in Dominican Republic

On August 24th of 2012, the Tax Authorities (DGII) issued Ruling 02-12 regarding the Tax Regime of Trusts with the purpose of establishing the regulations and procedures to be complied with by trusts and the parties thereto involved, with respect to their tax duties and obligations. Pursuant to the provisions set forth under Law No.189-11 […]

Trusts Law 189-11

Dominican Republic Trusts Law 189-11 for the Development of the Mortgage Market and of Trusts in the Dominican Republic creating a legal framework for propelling the development of the mortgage and securities market and incorporates the legal institution of the trust (“fideicomiso”) in the Dominican Republic was enacted on July 16th of 2011. The Law […]