Industrial Free Trade Zone employees minimum wage was approved by Dominican Labor Ministry Resolution No.8-2013 of October 2013. The background of Resolution No.8-2013 comes from the agreement reached by the Employee Sector Representative (FENATRAZONA, FEDOTRAZONAS y UNATRAZONAS) and the Employer Sector (ADOZONA), through which they approved an increase to the minimum monthly wage for the […]
Dominican Real Estate Law Developments, include a Draft Bill amending Tourism Development Promotion Law 158-01 (“Confotur Law”). On July 22th of 2013, the Chamber of Deputies of the Dominican Republic approved the Draft Bill amending Confotur Law No. 158-01 of Incentives for Tourism Development of the Dominican Republic to include non- exempt urban and oceanfront […]
Dominican Republic Energy and Mining Ministry was created under Law 100-13 of 2013 as organ of the Public Administration dependent of the Executive Power, in charge of formulating and managing the energy and the metallic and non metallic Dominican mining policy. The Law establishes that the Ministry of Energy and Mining, in its capacity as […]
Foreign direct investment in Dominican Republic is regulated under Foreign investment Law 16-95 of November 20, 1995. The purpose of this law is to open foreign investment to most sectors of the Dominican Economy and to provide foreign investors with legal guarantees, benefits and exemptions while doing business in the Dominican Republic. Dominican Foreign Investment […]
Dominican Real Estate Property Survey is mandated and regulated under Resolution 1419-2013 of May 16, 2013, of Diverse Procedures before the Title Registrars and the Cadastral Measurement Offices (“Resolution No.1419-2013”). Within the Diverse Procedures proposed in such Resolution No.1419-2013, is the survey (or deslinde) of real estate properties supported by Annotated Records (i.e. Constancias Anotadas), and […]
Dr. Felipe Isa Castillo, Partner of Arthur & Castillo (ACLAW), has been featured in the American Bar Association’s Section of International Law publication “The Year in Review” 2013 for Cross Border Dominican Republic Real Estate Practice. The publication consists of an annual survey of international legal developments in different areas of international and national law […]
Tax Collection Efficiency Law 253-12 dated November 9th of 2012, eliminates the broad tax incentives which were previously available to individuals or legal entities that made one or several direct investments with the originally qualified promoters or developers of the tourism activities established in Law 158-01, dated October 9th of 2001, of Incentives for Tourism […]
Tax Regime of Trusts in Dominican Republic was issued under Tax Authority Ruling 02-12 with the purpose of establishing the regulations and procedures to be complied with by trusts and the parties thereto involved, with respect to their tax duties and obligations. Pursuant to the provisions set forth under Law No.189-11 for the Development of […]
The Niza International Classification Tenth Edition entered in force via TM Office Resolution RD-116/2012 of August nine (9) of 2012. In this regard, Resolution RD-116/2012 establishes, among other items, the following: First: the mandatory use of the application and utilization of the International Classification of Products and Services for the Registration of Trademarks, established under […]
Dominican Tourism Sector Land Use and Organization Plan Resolutions issued by Ministry of Tourism of the Dominican Republic on March 26th of 2012, modify the Urban and Construction parameters for the northern part of the Samaná Peninsula, the Punta Cana, Bávaro- Macao Area, respectively. The purpose of these resolutions is to regulate the urban categorization, […]
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