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 […]

Real Estate Property Release Tax Norm 08-2014

On December 22nd of 2014, the Dominican Tax Administration (TA), published DR Tax Ruling 08-2014 regarding the Sale of Real Estate Property and which provides for the Release of the Same from the seller’s information registered at the TA’s registration system. Individuals and legal entities that sale a real estate property before or after the […]

Regulation for Transfer of Motor Vehicles

Dominican Regulation of Transfers and Endorsements of New and Used Motor Vehicles, 06-2013 was issued on December 12, 2013 and provides for a procedure  to formalize the transfers of vehicles in favor of concessionaires and dealers. Said procedure includes the duty, by the owner of the vehicle, to notify the transfer or exchange of the […]

Ministry of Energy & Mining Law 100-13

The Ministry of Energy and Mines of the Dominican Republic was created under Law 100-13 of July 30, 2013 as organ of the Public Administration dependent of the Executive Power, in charge of formulating and managing the energy and the metallic and non metallic Dominican mining policy. The Law establishes that the Ministry of Energy […]

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

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 No.04-2011 of Transfer […]

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 […]

DR Free Zones Sales Tax Filing and Payment

By Maria Arthur (marthur@aclaw.com) On June 29th of 2011, the Dominican Tax Administration (DGII) issued General Tax Norm 5-2011 of Filing and Payment of the Sales Tax by Dominican Free Zone Enterprises. Such Norm provides that all enterprises benefiting from the Dominican Free Zones regime through Free Zones Law 8-90 of January of 1990, shall submit a […]

Transfer Pricing Regulation

By Maria Arthur (marthur@aclaw.com) On June 2, 2011 the Dominican Tax Administration (DGII) issued the General Norm 04-2011 of Transfer Pricing thereby establishing the rules applicable to operations that take place among related entities when the amounts transacted differ from those agreed among independent entities. Its provisions reach any operation or transaction made by enterprises or […]

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 […]