Company Incorporation

Dominican Company Incorporation main steps are the following: Search before the Dominican Trademark Office, draft and file the request of registration to obtain a company trade name. Draft by-laws, minutes of the incorporation meeting and related incorporation documents. These may be drafted as private documents or as a notary public act for signing by the […]

Trade Name Registration in Dominican Republic

Dominican Trade Name Registration is governed by Executive Decree 260-18  amending articles 65 and 66 of Decree Regulation 599-01 of Dominican Intellectual Property Law 20-00 of May 10, 2000 for the purpose of making more efficient some government procedures and optimizing the country’s institutional regulatory scheme. Through this amendment, the registrability of distinctive signs such as […]

Employment Law in Dominican Republic

Employment in Dominican Republic is regulated by the provisions of Law 16-92 of May 29th of 1992, which approves the DR Labor Code, to establish the rights and obligations of employers and workers and promote the means to reconcile their interests. Among the topics covered in the labor code are minimum wages, maximum hours of […]

Dominican Bankruptcy and Restructuring

On January 3th of 2017, The Judicial Branch Council (CPJ acronym in Spanish) of the Dominican Republic issued an Act which establishes the halls for the liquidation and restructuring courts for companies and individuals traders. The First Hall of the Civil and Commercial Chamber of First Instances of the National District and second Hall of […]

Dominican Branch Registration

Dominican Branch may be registered by foreign companies interested in doing business in the Dominican Republic (DR). Under Dominican law, a registered foreign company branch office can enter into contracts and execute and settle transactions in its own name, and can sue and be sued at its place of business. In order to successfully complete […]

Company Corporate Services

Dominican company corporate maintenance services to meet legal requirements is essential for every registered company in Dominican Republic. Companies must file for their business register within the following month after their incorporation, and the same should be renewed every two years. On the other hand, changes of domicile or other which may give rise to […]

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 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. […]

Dominican Customs Tax

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 […]

Company Mergers and Spin Offs

Under Dominican Republic Law 479-08 of Commercial Entities and Individual Limited Liability Enterprises provides, in relation to company mergers, that one or more business entities may by way of merger transfer their assets to an existing entity or to a newly incorporated entity. In relation to Dominican Republic company spin offs, Dominican Law No. 479-08 […]