Purchasing DR Real Estate From Government

On September 27, 2016, the Dominican Republic (DR) Executive Branch issued Decree No. 268-16 creating the Evaluation Commission of Real State Lands Registered as Owned by the Sugar Mills belonging to the Dominican State Sugar Council or Consejo Estatal del Azucar (CEA). The Decree recognizes the DR’s economic transformation, where Government lands originally dedicated to […]

Buying Dominican Real Estate

By Felipe Isa Castillo (fcastillo@aclaw.com) 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 and its regulations, the Civil Code and other special Dominican laws which may apply depending on the type […]

DR Investment Tax Incentives

By Maria Arthur marthur@aclaw.com The Dominican Republic offers ample foreign investment tax incentives laws. Exports Promotion: Law 84-99 of Promotion of Exports of the Dominican Republic provides for certain incentives, 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 […]

DR Tourism Law

By Felipe Isa Castillo (fcastillo@aclaw.com) Dominican Tourism Law 541 of 1969 of the Dominican Republic 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 was enacted at a time when most Dominican Tourism was of local nature […]

DR Limited Liability Company

By Felipe Isa Castillo (fcastillo@aclaw.com) Usually business entities in Dominican Republic are incorporated as a Dominican Limited Liability Company or Sociedad de Responsabilidad Limitada (S.R.L.). The Dominican Limited Liability Company or S.R.L. is the most common and efficient form of organizing a company in the Dominican Republic. The main characteristics of the Dominican Limited Liability […]

DR Foreign Branch Registration

By Felipe Isa Castillo (fcastillo@aclaw.com) Dominican Branch registration may be possible for foreign companies interested in doing business in the Dominican Republic (DR). To begin the process, qualified legal counsel is required for evaluating the company incorporation documents, drafting, preparing and filing the required corporate documents for branch registration and requesting, responding, following up and […]

Dominican Republic Law Overview

By Arthur & Castillo (info@aclaw.com) An overview of Dominican Law  allows us to understand why Dominican Republic is the Caribbean‘s leading foreign investment, air and sea transportation, export free zones, and tourism destination. The main factors which helped Dominican Republic to attain this position are its geo strategic position in the very center of the Caribbean and between […]

Dominican Joint Ventures

By Felipe Isa Castillo (fcastillo@aclaw.com) Dominican Republic Law recognizes business entities which are contractual in nature and which are 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 […]

Buying DR Property: Avoiding Conflicts

By Felipe Isa Castillo (fcastillo@aclaw.com) The Dominican Republic is the largest economy in the Caribbean and Central America. 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 sand […]

Buying Real Estate in Dominican Republic

 By Felipe Isa Castillo (fcastillo@aclaw.com) The purchase of Real Estate in the 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 […]