Trademark registration in Dominican Republic is governed by Industrial Property Law 20-00 and its Regulations. A trademark in the Dominican Republic is defined as any sign or combination of signs that may be graphically symbolized and are suitable to distinguish the products or services of a business from those of others. Although the registration of […]
La Ley 51-23 que promueve un tratamiento especial transitorio de fiscalización, gestión y recuperación de deuda tributaria del 10 de agosto del año 2023, prevé: (i) la declaratoria de prescripción de oficio o extinción de deudas de algunos impuestos por parte de la Dirección General de Impuestos Internos (DGII), (ii) facilidades de pago de deudas […]
Law 51-23 dated August 10th of 2023, which promotes a special temporary audit, management and recuperation of the tax debt provides: (i) a tax status of limitations statement of certain tax debts by the Dominican Tax Administration, (ii) tax debt payment facilities, (iii) a reduced tax audit process and (ix) Government tax debt amnesty; for […]
Dominican Import Agents and Distributors Law 173 of 1966 establishes a dealer protection regime in the Dominican Republic. A foreign supplier of goods and services may choose to enter the Dominican market by selling his/her products through Dominican agents and distributors or representatives. The different channels of selling are subject to different legal frameworks. Contracts […]
The National Salary Committee of the Labor Ministry of the Dominican Republic, approved an increase of 20% to the Minimum Wage applicable to Dominican Free Zones employees on April 11, 2023, to the amount of Sixteen Thousand Two Dominican Pesos (DR$16,002.25, approx. 288 USD) effective from the first of May of 2023. The most relevant […]
Under Dominican Law, there are two very important aspects which have an impact on the inheritance of assets of a deceased individual: the time and domicile of the deceased. The time of opening of an estate is the day that death occurs. Based on this rule of law, it is understood that the rights to […]
Dominican Tourism Sector Tax Incentives Law 195-13, amending DR Tourism Promotion Law 158-01 dated October 9th of 2001, was enacted on December 13th of 2013 (hereinafter “Law 195-13 of Tax Incentives for the Tourism Sector”). The purpose of Law 195-13 of Tax Incentives for the Tourism Sector consists in adjusting the existing tax incentives in […]
Exporters that, in the development of their productive process, reflect ITBIS balance in favor in their ITBIS tax returns, may obtain its reimbursement or compensation, provided that they comply with the requirements set forth in General Regulation 12-2022 of ITBIS Reimbursement of Compensation for Exporters, issued by the Tax Administration (DGII) on October 18th of […]
Los exportadores que, en el desarrollo de su proceso productivo, reflejen saldos a favor en su declaración de ITBIS, podrán obtener el reembolso o compensación del dicho ITBIS, siempre que cumplan con los requisitos establecidos en la Norma General 12-2022 sobre el Reembolso o Compensación del ITBIS para Exportadores, emitida el 18 de octubre del […]