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 Tourism Sector Tax Exemptions Law 195-13, amending DR Tourism Promotion Law 158-01 dated October 9th of 2001, was enacted on December 13th of 2013 (hereinafter “Law 195-13 of Tax Incentives for the Tourism Sector”). The purpose of Law 195-13 of Tax Exemptions for the Tourism Sector consists in adjusting the existing tax incentives in […]
Buying Dominican Real Estate requires a qualified and experienced adviser to identify seller and property red flags and overcome legal process hurdles successfully. Persons wishing to buy, sell, convey or transfer Dominican real estate property should note that Dominican real estate operations are governed by Dominican Real Estate Property Registration Law No. 108-05 of 2005 […]
The National Salary Committee of the Labor Ministry of the Dominican Republic, approved an increase of 20% to the Minimum Wage applicable to Dominican Free Zones employees on April 11, 2023, to the amount of Sixteen Thousand Two Dominican Pesos (DR$16,002.25, approx. 288 USD) effective from the first of May of 2023. The most relevant […]
Dominican Republic Private International Law 544-14 was enacted on October 15th of 2014, and is now considered one of the most advanced references in the Caribbean. The objective of Private International Law 544-14 is to regulate the private international relationships of a civil and commercial character in the Dominican Republic, in particular those related to […]
The Tax Agreement Procedure in Dominican Republic (DR) 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 DR is signatory (Spain and Canada), as per Revenue Ruling 10-2022, issued by the Dominican Tax Administration (DGII) on August 30th […]
Dominican Exports Promotion Law 84-99 provides for certain exemptions, 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 […]
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