The General Customs Administration has established the system for self- determination of the customs tax obligation. Through this system, the taxpayer of the customs tax obligation (importer, consignee, customs agent or broker) has the power to set, by itself, the quantity of the customs tax obligation. The above means that the taxpayer acknowledges the imported […]
Intellectual Property in Dominican Republic: Patents, Trademarks, Trade Names & Copyright, Explained Before committing capital to a new market, sophisticated companies ask a blunt question: if we bring our technology and our brand here, can we keep them? In the Dominican Republic the answer runs through two statutes, two agencies and a set of international […]
Documentary Sales: How Exporters and Importers in the Dominican Republic Get Paid Without Getting Burned A container leaves the Port of Caucedo bound for a buyer the seller has never met. The goods are worth six figures. The seller wants payment before losing control of the cargo; the buyer refuses to pay for merchandise that […]
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