DR Company Management

Dominican Companies may be represented by one or more representatives, whether compensated or not, who do not have to be partners. The representatives may delegate part or all of their duties, if the by-laws so allow, but are liable to the company for the actions of the persons to whom they delegate those. The administrators […]

Dominican Corporation SA

The Dominican corporation or Sociedad Anonima- SA is a business entity that exists among two or more persons under a corporate name and is composed exclusively by shareholders whose responsibility for the losses is limited to their contributions. Its capital is represented by negotiable titles called shares, who must be entirely subscribed and paid prior […]

DR Hotels & Casinos Minimum Wage

Employers of Dominican hotels, casinos, restaurants, bars, cafes, cafeterias, night clubs, fast food and other food and beverage business, should know that Dominican Labor Ministry Resolution 17-2015 of National Minimum Wage for such sectorized employees was approved on August 25, 2015. The most relevant provisions of Resolution 17-2015 include: Fixing the minimum wage of Dominican […]

DR to become Caribbean’s Air Hub

The Dominican Republic’s tourism industry and commercial aviation representatives agreed on August 10, 2016 to work to make the country the Caribbean’s major air hub. The proposal was discussed in a gathering hosted by the Dominican Tourism Press Association (Adompretur), where the president of the Civil Aviation Board (JAC)  promised to mediate to present the […]

Dominican industrial companies tax incentives

Dominican Industrial Qualification Certificates were awarded to 16 companies on May of 2015 by the Center for the Industrial Development and Competitiveness that will benefit from the provisions established under Law 392-07 of Industrial Development and Competitiveness; including tax and custom duties exemptions, in order to promote actions that shall endeavor the improvement in the […]

DR Taxation of Property Transactions

Dominican Republic real estate property purchase or sale should be made through a written contract in which the parties reflect their agreement about the identity of the property being sold, the sales price and the terms and conditions of the sale. It is recommended that the seller and the buyer obtain advisory from an attorney in […]

IJ International Jurists AGM 2015

The IJ International Jurists 22nd Annual General Meeting (AGM) 2015 took place last April 2015. Lawyers from member firm’s participated in an agenda focused on strategic development, business generation and harvesting collective know how and honest exchanges among members in order to share main points and challenges in the management and growth of our member […]

Dominican Imported Food and Drug Registration

The Dominican General Directorate of Pharmaceutical, Foods and Sanitary Health Products (“DIGEMAPS”) was created under Decree 82-2015 of April 6, 2015, under the dependency of the Dominican Ministry of Public Health and Social Assistance. According to Article 2 of said Decree, DIGEMAPS is and will be, henceforth, the competent entity in matters of regulation, control, […]

DR Free Zone Exports Increase

Dominican Free Zone Exports increased in the first quarter of 2015 according to Dominican export trade data issued by the Dominican Republic Government, at a rate of 6.2%, which is the highest increase value since the year 2011. The USA market is the number one country for highest demand of Dominican free zone exports, as […]

Dominican Real Estate Property Sale Release Tax Norm 08-2014

Dominican Real Estate Property Sale Tax Ruling 08-2014 of December 22, 2014, provides for the Release of Real Estate Property from the seller’s information registered at the Dominican Tax Administration’s registration system. Individuals and legal entities that sale a real estate property before or after the publication of said Tax Ruling must file a release […]