Dominican Real Estate Purchase Closing

On the day of Dominican Real Estate Purchase Closing the seller may be asked to furnish the buyer in addition to the original certificate of title (owner’s duplicate) a series of legal documents which are most commonly gathered, requested and obtained by the seller’s attorney. Among these documents is the certification issued by the title […]

DR and United States sign Punta Cana Airport customs agreement

Now it will be easier for travelers to use the Punta Cana’s International Airport bound for the United States. The Dominican and US customs authorities signed an air pre-authorization agreement for travelers using Punta Cana’s international airport to the United States on December second (2nd) of 2016, whereby they will be exempt from registering at […]

Dominican Trusts Law

Dominican Republic Trusts Law for the Development of the Mortgage Market and of Trusts in the Dominican Republic creating a legal framework for promoting the development of the mortgage and securities market and incorporates the legal institution of the trust (“fideicomiso”) in the Dominican Republic was enacted on July 16th of 2011. Trusts Law 189-11 […]

Dominican Rep .DO TLD 25 Years

The .DO Domain at 25: Why a Dominican Web Address Is Also a Legal Asset In 2016, the Dominican Republic’s corner of the internet turned 25. The country marked the anniversary of its .DO top-level domain with Internet Week, a four-day event held August 22 to 25 and organized by the Latin American and Caribbean […]

Registration of Foreign Services Providers

Foreign professional service providers must register and present their technical or professional qualifications as a guarantee, to be able to operate temporarily in the Dominican Republic. The creation of such register was decided by the Dominican Consumer Protection Institute (“Pro Consumidor”) Resolution 03-2011 of July 21st of 2011, pursuant to article 53 of the Dominican […]

Customs IP Enforcement in the Dominican Republic

Stopping Counterfeits at the Border: How Customs IP Enforcement Works in the Dominican Republic Once a container of counterfeit goods clears customs and its contents scatter across markets and storefronts, a brand owner’s remedies get slow and expensive. Dominican law is built around a cheaper alternative: stopping the shipment at the pier. Intellectual Property Law […]

Dominican Customs Import Regimes

The Dominican Republic Customs Law allows for different customs regimes which may be applied to according to the desired commercial, export and trade operation, including most that we summarize as follows: Regime of Import for Consumption Article 53 of Law No. 3489, provides that the duties and taxes to be paid over the imported goods […]

Corporate Law Overview

Business entities performing commercial activities in the Dominican Republic are governed by Dominican Law 479-08 of Commercial Entities and Individual Limited Liability Enterprises, enacted on December of 2008 as well as by inter party agreements, commercial practices and common law. The Law will consider that there is a commercial entity whenever two or more individuals […]

Dominican Customs Law

Dominican Customs Law 3489, of February 14 of 1953 and its amendments, contains the customs regime of the Dominican Republic (DR). The last amendment to Law No. 3489 was made by the Law No. 226-06, which grants legal personality and functional, budget, administrative, technical autonomy and its own patrimony to the Dominican General Customs Administration […]

Dominican Taxation and Tax Treaties

Dominican Taxation and Tax Treaties ratified by the Dominican Republic consist of the following: 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. […]