New Dominican Electricity Law Promotes Private Investment
In recent years, the Dominican Republic has enacted a wide variety of new laws intended to enhance foreign investment in the country. These include new tax, foreign investment and environmental statutes. Recently, the government enacted a new general law of electricity. This new law recognizes the importance of the private sector in
Doing Busines in the Dominican Republic, Handbook
1. What is the legal system (civil law, common law or a mixture of both)? The Dominican Republic has a civil law based legal system. Foreign investment 2. Are there any restrictions on foreign investment (including authorisations required by central or local government)? There are only restrictions relating to (Article 5, Foreign Investment Law
Dominican Republic Continues Efforts To Encourage American Investment
INTRODUCTION Over the past year, this column has described and analyzed a variety of new laws and regulations enacted by the Dominican Republic with one primary goal: to open itself to foreign trade. The country's efforts have met with incredible success. As noted recently by the International Monetary Fund, the Dominican
Environmental Law Streamlines Development Process And Protects Natural Resources
The National Congress of the Dominican Republic has passed a new environmental law creating a Department of Environment and Natural Resources and streamlining the environmental review process required for development. The law defines dozens of environmentally-related terms, from "sustainable use," "protected areas," and "environmental quality" to "load capacity," "contaminant," and "sustainable development." In
Network of Angel Investors in DR
Enlaces, the first network of Angel Investors in the Dominican Republic, will be launched in the first National Forum of Entrepreneurship, Business Incubation and Risk Investments. The event will take place on the 23rd of this month, at the Hilton Hotel. Enlaces will have as their mission to bring the