Dominican Fast Divorce

The Dominican fast divorce (“Divorcio al Vapor” in Spanish) is the most effective, easy, relieving, and confidential way used by foreign nationals and Dominicans residents abroad to get a divorce. The quick divorce in the Dominican Republic is a special mutual consent divorce which was established more than 45 years ago by Law 142, and […]

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 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 […]

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 […]