Bill regarding Asset Revaluation

On September 3rd of 2018, the President of the Dominican Republic submitted a Bill before Congress regarding the application of a temporary tax regime for the Declaration and Revaluation of Assets, based on the need to create certain conditions for the tax payers to be able to voluntarily transparent their goods and real estate assets, […]

Proyecto de Ley sobre Revalorización Patrimonial

El 3 de septiembre del 2018, el Presidente de la República Dominicana sometió ante el Congreso un Proyecto de Ley sobre Declaración y Revalorización Patrimonial, ante la necesidad de crear condiciones para que los contribuyentes puedan, voluntariamente, transparentar sus bienes muebles e inmuebles no declarados ante la Dirección General de Impuestos Internos (DGII), así como […]

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 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 […]