The EIRL: How Solo Entrepreneurs Get Limited Liability in the Dominican Republic Plenty of small businesses in the Dominican Republic still operate in their owner’s personal name, which means one lawsuit or one bad contract can reach the owner’s house, car and savings. Dominican corporate law offers a purpose-built shield for the solo entrepreneur: the […]
Dominican real estate property inheritance is subject to the application of Dominican Law. Under Dominican Law, there are two very important aspects of Dominican property inheritance which have an impact on Dominican property inheritance of real estate assets of a deceased individual: the time and domicile of the deceased. The time of opening of a […]
After the approval of the Manual of Norms and Procedures for the Processing of Tourism Projects of March 9th of 2012, establishing the requirements for the processing of No Objection to the use of Land and Design Parameters, the Ministry of Tourism of the Dominican Republic (MITUR) has issued several Resolutions establishing the “Tourism Sector […]
Dominican Company Incorporation main steps are the following: Search before the Dominican Trademark Office, draft and file the request of registration to obtain a company trade name. Draft by-laws, minutes of the incorporation meeting and related incorporation documents. These may be drafted as private documents or as a notary public act for signing by the […]
Dominican Republic Tourism Law declares of national interest the promotion of Dominican tourism, whether, historic, religious, archaeological, of natural resources and all other forms and its related activities. Tourism Law 541 of 1969 was enacted at a time when most Dominican Tourism was of local nature and the country’s wide array of pristine beaches and […]
A container of packaged goods can clear Dominican customs and still be unsellable. Without a sanitary registration, the registro sanitario, no packaged food or beverage may legally be imported, distributed or offered to the public, and retailers know it. The Ministry of Health controls the sanitary lifecycle of foods, alcoholic and non-alcoholic beverages, beer, medicines, […]
The purchase of Real Estate in Dominican Republic is governed by Real Estate Property Registration Law No. 108-05 of 2005 and its regulations, the Dominican Civil Code and other special Dominican laws which may apply depending on the type of transaction. General Requirements of Form and Substance Among the requirements of form to make a […]
Incidence of AML Laws in Cross-Border Real Estate Transactions in Dominican Republic[1][2] The conveyance or transmission of rights over real property in the Dominican Republic (DR) is governed by freedom of contract principles, coupled with the requirement of a notarized written document to satisfy statute of frauds considerations and a series of property transfer and […]
Trade Name Registration in Dominican Republic: One-Day Approval and One Common Misunderstanding For years, the slowest step in forming a Dominican company was often the first one: getting a name approved. Executive Decree 260-18 changed that arithmetic, cutting the review and approval of trade name applications to a single working day. The decree amended articles […]
The Dominican Register of Wills A will that no one can find is, in practice, a will that does not exist. The Dominican Republic addressed that quiet risk with the Register of Wills, created under Notary Law 140-15, a centralized record designed so that a testament executed before a notary leaves an official trace that […]
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