El Procedimiento de Acuerdo Mutuo para la Resolución de Controversias derivadas de Tratados para Evitar la Doble Imposición toma como premisa las disposiciones sobre Procedimiento Amigable de los Convenios para Evitar la Doble Tributación y Prevenir la Evasión Fiscal de los cuales la República Dominicana (RD) es signataria con Canadá y España, según lo dispuesto […]
The Mutual Agreement Procedure for Resolving Controversies arising from Double Taxation Treaties takes as premise the Mutual Agreement Procedure of the Treaties for the Avoidance of Double Taxation where the Dominican Republic (DR) is signatory (Spain and Canada), as per Revenue Ruling 10-2022, issued by the Dominican Tax Administration (DGII) on August 30th of 2022. […]
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 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 […]
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 […]
The Inheritance Tax in the Dominican Republic applies to all assets located in the Dominican Republic, regardless of the last domicile of the decedent and of whether the succession is testamentary or intestate. If the deceased was a Dominican citizen or had its last domicile in the Dominican Republic, the inheritance tax also applies to […]
The National Salary Committee of the Labor Ministry of the Dominican Republic, approved an increase of 21% to the Minimum Wage applicable to Dominican Free Zones employees on December 2nd, 2021, for the amount of Thirteen Thousand Nine Hundred Fifteen Dominican Pesos (DR$13,915.00, approx. 243 USD) effective from the first of January of 2022. The […]
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, […]
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 […]