Any individual may incorporate, for their own benefit or that of their heirs at law or their spouse, an unseizable real estate property that will be called Family Property (“Bien de Familia” in Spanish). Among the advantages of the real estate property incorporated as Family Property, registered as such, are: (i) The real estate property […]
White List 2023 – 2024 of Countries not considered by the Dominican Republic as tax havens, of low or zero taxation published by the Dominican Tax Administration: Federal Republic of Germany, Kingdom of Saudi Arabia, Antigua and Barbuda, Argentine Republic, Aruba, Republic of Austria, Commonwealth of Australia, Republic of Azerbaijan, Kingdom of Belgium, Republic of […]
Buying Dominican property can sometimes turn up situations where avoiding conflicts of interests will help you avoid purchase pitfalls. Many foreigners who come to the Dominican Republic, for either business or pleasure, discover the many different environments found within a short drive: major internationally-linked cities, scenic tropical country sides, serene mountain ranges, and pristine white […]
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 […]
Individuals from any country may obtain a permanent residence in the Dominican Republic provided that they receive a monthly pension of at least UDS1,500 or rents (passive income) of at least USD2,000. Dominican permanent residence status is granted to retirees and rentiers that complete the request process. This special incentives Law program for rentiers and […]
The Dominican Free Zones Council require the appointment of a Dominican law firm and legal representative to file and follow through with the following Installation Permit Requirements: Letter addressed to the Dominican Free Zones Council requesting authorization to operate under the Free Zones regime, as provided under Law 8-90 Installation request form for an Industrial […]
Purchasing pre construction real estate property in the Dominican Republic may be one of the most challenging processes, at times complex, while full of both opportunities and potential risks for buyers. Real estate developers, promoters and sales agents will provide plenty of marketing plethora and promotional materials into what might be the investment of a […]
Dominican Law 57-23, creating a tax incentives regime for civil commercial aviation both national and international was enacted by the Dominican President on October 7, 2023. The purpose of Law 57-23 is to create a tax incentives regime to civil commercial aviation in the Dominican Republic, with the purpose of promoting and increasing the competitiveness […]
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 Republic joint ventures are recognized by Law as business entities which are contractual in nature and called “joint participation” entities. They are considered as business entities as long as their purpose and scope of activities are commercial in nature. These entities are incorporated through a contract by which two or more persons who have […]
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