Dominican real estate property tax amendments

Tax Collection Efficiency Law 253-12 dated November 9th of 2012, eliminates the broad tax incentives which were previously available to individuals or legal entities that made one or several direct investments with the originally qualified promoters or developers of the tourism activities established in Law 158-01, dated October 9th of 2001, of Incentives for Tourism […]

Tax Regime of Trusts in Dominican Republic

Tax Regime of Trusts in Dominican Republic was issued under Tax Authority Ruling 02-12 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 for the Development of […]

Entry Nice International Trademark Classification

The Niza International Classification Tenth Edition entered in force via TM Office Resolution RD-116/2012 of August nine (9) of 2012. In this regard, Resolution RD-116/2012 establishes, among other items, the following: First: the mandatory use of the application and utilization of the International Classification of Products and Services for the Registration of Trademarks, established under […]

Dominican Tourism Property Land Use Plan

Dominican Tourism Sector Land Use and Organization Plan Resolutions issued by Ministry of Tourism of the Dominican Republic on March 26th of 2012, modify the Urban and Construction parameters for the northern part of the Samaná Peninsula, the Punta Cana, Bávaro- Macao Area, respectively. The purpose of these resolutions is to regulate the urban categorization, […]

Dominican Customs Declaration

Dominican Customs Electronic Declarations are governed under Norm 01-12 of March 28, 2012, the Dominican Customs Administration (DGA) for the purpose that customs operators and other users transmit by electronic means the information related to the actions made in connection to their customs processes and operations. Pursuant to the Norm, the customs declaration constitutes the […]