Doing Business in the
Dominican Republic
This Doing Business Guide is a publication of Dominican law firm Pellerano & Herrera. It has been prepared for those interested in investing in the Dominican Republic and provides information about the country, the laws that regulate the local economy, and the investment climate. This Guide allows readers to have an idea of the legal framework that will apply to projects in the various investment areas and sectors as well as the legal provisions applicable to foreign citizens when visiting the Dominican Republic.
This Guide does not constitute legal advice or a legal opinion about any specific matter. Should legal advice or other professional assistance be required, the services of a competent professional should be sought.
About Pellerano & Herrera
Pellerano & Herrera has been the leading law firm in the country for more than 35 years. The firm has represented parties in virtually all of the country’s major business transactions and projects and it regularly provides advice to prominent international companies and entities that are interested in doing business in the Dominican Republic or investing in local companies, as well as in corporate restructuring projects of ongoing businesses in the country.
Pellerano & Herrera has the most complete and multidisciplinary team of lawyers in the country, with vast experience in more areas of practice than any other firm in the Dominican Republic. Pellerano & Herrera is recognized for providing pragmatic and constructive legal advice to its clients, always striving to add value in the process of meeting their business goals. The firm is committed to innovation and to the application of best practices in the legal services industry, and its attorneys focus on identifying new opportunities for firm clients and creating the most effective legal strategies.
Experience
Pellerano & Herrera regularly advises international clients in transactions involving acquisitions, joint ventures, project finance, and tax planning, among other matters. It also advises multinational companies and other clients on the process of entering the Dominican market. The firm has a well-known corporate and finance practice and has successfully participated in bond issuances, LBOs and project finance transactions that have allowed the entrance of highly recognized companies to the Dominican market.
Moreover, Pellerano & Herrera has a strong and successful litigation practice – considered one of the best in the country – with vast experience in sophisticated civil and commercial lawsuits, civil rights actions, issues of constitutional law, alternative dispute resolution, business, insurance, and intellectual property litigation. The firm is responsible for the setting of important precedents such as the first invocation of the Amparo remedy in the country and the elimination of the Solve et Repete obligation in tax matters.
Global Reach
Pellerano & Herrera is the exclusive Dominican law firm member of Lex Mundi, the world’s leading association of independent law firms. The firm’s membership to Lex Mundi, which has member firms in more than 100 countries, provides the firm with a global reach and access to legal resources that enhance its ability to serve its clients’ needs around the world. Pellerano & Herrera is also part of other important legal networks and specialized associations, such as World Services Group, Club de Abogados, Islamic Finance Lawyers, and Legal Sector Alliance.
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"Pellerano & Herrera is on top of the legal developments in the local labour and employment area. Its lawyers offer precise and practical advice that captures nuances specific to the country."
"Domestic powerhouse with a recognised labour team handling a wide range of matters, including collective bargaining agreements, termination of employment contracts and social security issues. Also adept in representing clients in litigation proceedings relating to claims filed by employees or unions."
"Pellerano & Herrera is the benchmark that I use to evaluate the other Latin American law firms: very professional, very knowledgeable, very assertive, very accurate and to the point in their opinions, very concerned with clients‟ interests, both professionally and ethically. Their fee proposals are always very clear, and they are very careful in the execution of approved budgets. I am very happy relying on them; as far as I am concerned, they are the only law firm in the Dominican Republic."
"The team has vast knowledge when it comes to corporate matters, and they are always up to date with changes to the laws of the Dominican Republic. This allows them to advise their clients in a proactive manner, mitigating their legal risks."
"Pellerano & Herrera's biggest strength is knowing how to be assertive. The team has excellent legal knowledge, and the lawyers stick to their guns on what they think is right throughout the deal."