Dominican Republic Customs Valuation is governed by Decree 36-11 of January 20th of 2011 establishing the Regulation for Customs Valuation pursuant to the GATT 1994 Valuation Agreement, whose purpose is to develop the provisions of the Agreement relative to the application of Article VII of the General Agreement of Tariffs and Trade (GATT) of 1994, as well as the provisions of Dominican Republic Law.

Such Regulation unifies the existing norms related to the determination of the customs valuation of imported goods and establishes the procedure to be followed for the valuation of the declarations of imported goods, which will thereafter be determined in accordance with the Methods of Valuation established in the Valuation Agreement of the World Trade Organization.

It also establishes the procedure to be utilized on the subject of notifications when the General Customs Administration has doubts over the authenticity or accuracy of the data or documents presented as proof of the declared value.

Our professionals can assist you with customs valuation administrative and litigation matters, including certifications on applicable tariffs and rules for the application of international, free trade agreements or special regimes, making objections, filing recourses and appeals.

Do you want more information about Dominican Republic Customs Valuation? Contact Us.

ABOUT THE AUTHOR: Dr. Felipe Isa Castillo is a Partner leading the Foreign Investment, Real Estate & Tourism areas at Arthur & Castillo Law Firm and Attorneys in the Dominican Republic. He specializes in foreign investment, real estate and international business (International Legal Studies LLM in Georgetown University Law Center in Washington, D.C. & Masters in International E- Business in Universitat Pompeu Fabra in Barcelona) with more than 20 years of experience in Foreign Investment, Free Trade Zones, International Business and Cross Border Real Estate practice. Dr. Castillo is a Certified Bankruptcy Conciliator and Liquidator and Legal Interpreter.

Email: [email protected]

 Disclaimer: This publication is not intended to provide legal advice or suggest a guaranteed outcome as individual situations will differ and the law may have changed since publication. For specific technical or legal advice on the information provided and related topics, please contact the author.

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