DR Foreign Investment Law

In the Dominican Republic, Foreign investment is regulated under Law 16-95 of November 20, 1995 Regulating Foreign Investment in the Dominican Republic. The purpose of this law is to open foreign investment to most sectors of the Dominican Economy and to provide foreign investors with legal guarantees, benefits and exemptions while doing business in the […]

Dominican Tax Administration Tax Havens List

 By Maria Arthur (marthur@aclaw.com) On May 20, 2013, the Dominican Republic Tax Administration (DGII) published its first Notice regarding Countries Considered as Low Tax Jurisdictions and Tax Havens in which the DGII lists the States or territories regarded as “Lox Tax Jurisdictions” and “Tax Havens”, pursuant to the provisions of Article 2 of the General Regulation […]

Dominican Tax Exemptions

 By Maria Arthur (marthur@aclaw.com) Dominican Republic Decree 162-11 on Requests and Processing of Tax Exemptions was issued on On March 15th, 2011. Decree 162-11 establishes, among others, the following: Previous processing of tax exemptions before the Ministry of Finance. All requests of exemptions supported under laws, concessions, contracts ratified by the Dominican Congress shall be submitted […]

Renewable Energy incentives in Dominican Republic

Renewable Energy incentives in Dominican Republic are instituted under Law 57-07 of May 7, 2007, which grants companies that undertake the production of renewable energy in Dominican Republic (“DR”) territory and who invest in renewable energy production projects with several tax and customs incentives, including: a) 100% exemption from import duties for equipment, machinery and […]