Is Your Counterparty on the Dominican Tax Haven List? The Transfer Pricing Trigger Many Companies Miss A Dominican company that pays an unrelated supplier in Panama, Switzerland or the Cayman Islands may be walking into transfer pricing obligations without knowing it. Under Dominican law, any transaction with a person or entity resident in a jurisdiction […]
Getting Married in the Dominican Republic? Why and When to Register Your Prenup. Every year, couples fly to Punta Cana or Las Terrenas to marry on the beach, and quietly import a legal problem: a prenuptial agreement signed at home that may or may not hold up where the wedding, or the property, is located. […]
Border Zone Tax Incentives Under Law 12-21: A 30-Year Exemption Most Investors Overlook. While most foreign capital crowds into Punta Cana and Santo Domingo, seven provinces along the Haitian border offer something no beachfront project can match: a 30-year, 100% income tax exemption. The trade-off is location; the opportunity is a tax horizon longer than […]
Dominican Republic Visas Explained: Tourist Entry, Business Visas, Work Permits and Direct Permanent Residency Most visitors clear Dominican immigration with nothing more than a passport. But the moment a foreigner intends to work, do sustained business or settle, the country’s immigration system splits into categories with sharply different requirements, and choosing the wrong entry path […]
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 […]
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 […]
Double Taxation Relief in the Dominican Republic: How the Mutual Agreement Procedure Works A company taxed in both Santo Domingo and Madrid on the same income has a remedy most taxpayers never invoke: the Mutual Agreement Procedure, or MAP. The Dominican Republic regulated it in Revenue Ruling (Norma General) 10-2022, issued by the DGII on […]
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