Dominican Exports Promotion Law 84-99 provides for certain incentives, such as the reimbursement of taxes and customs duties paid by the exporters for raw materials, components, intermediate goods, labels, containers and packing material, if those are incorporated to export goods or returned abroad in the same condition that they entered the Territory. The Law also […]
Dominican Border Zone Tax Incentives Law 12-21 covering the provinces located in the Dominican border: Pedernales, Independencia, Elías Piña, Dajabón, Montecristi, Santiago Rodríguez y Bahoruco, was enacted on February 22nd of 2021, in order to renew the 20 year tax incentive regime period that phased-out in February 2021, aimed at intensifying and propelling the economic, […]
Dominican Branch registration may be possible for foreign companies interested in doing business in the Dominican Republic (DR). To begin the process, qualified legal counsel is required for evaluating the company incorporation documents, drafting, preparing and filing the required corporate documents for branch registration and requesting, responding, following up and obtaining a Taxpayer Identification Number […]
A Dominican Republic Law overview allows us to understand why Dominican Republic is the Caribbean‘s leading foreign investment, air and sea transportation, export free zones, and tourism destination. The main factors which helped Dominican Republic to attain this position are its geo strategic position in the very center of the Caribbean and between the United […]
The Dominican Free Zones system establishes at least three categories of free zones which offer opportunities for investors and exporters at the different levels of industrial processing, taking into account their location, number, qualification of job posts and the origin of the raw materials and of the products to be processed or finished. Dominican Free […]
On July 11, 2018 the Dominican Republic Executive issued decrees 258-18, 259-18 and 260-18 for the purpose of making more efficient some government procedures and optimizing the country’s institutional regulatory scheme. Decree 258-18 begins the first stage of the National Regulatory Improvement Plan. Among the main objectives of Decree 258-18 of Regulatory Improvement is to […]
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 […]
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 […]
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 […]
Hard Rock Hotel executives have presented the Dominican Government a project for the construction of a Hotel in the business and financial center of Santo Domingo. The Hard Rock Hotel Santo Domingo will be 40 stories high and will be built at Lincoln Avenue in in the first quarter of 2016. Mr. Roberto Chapur, President […]