Real Estate 101: Buying Properties in the Dominican Republic
When acquiring a real estate property, either as a residence or for business, it is highly advisable to hire a lawyer to assist you throughout the process and make sure all documents are complete as well as complying with all government requirements. Skipping any step or missing any type of
Off-shore Companies: A Good Option for Doing Business in the Dominican Republic
For most of us, doing business in a foreign country can be stressful and complicated. Trying to understand their laws and ways of doing business can be a challenge, even for big foreign enterprises that wish to expand into other countries, looking for new and promising markets. For many years,
The Apostille and Its Effect on the Legalization Process
Today many people ask themselves the following questions: Why do I have to legalize a document that will be sent abroad with the Apostille, if it wasn’t necessary before? Why are public institutions not accepting foreign documents without the Apostille legalization? These inquiries are causing anxiety for those who perform
Project Finance 2009
Collateral 1 What types of collateral are available? Real estate, operating and other license rights or concessions, leaseholds, buildings, moveable property, contractual rights, receivables, shares, securities, onshore and offshore bank accounts, entire enterprises, after-acquired property, proceeds from investments and the sale of collateral are all available. Subject to limited restrictions, security may be granted
Dr. Juan Manuel Pellerano Receives Achievement Award from FINJUS
Fundación Institucionalidad y Justicia, Inc. (FINJUS) recognized the merits of Dr. Juan Manuel Pellerano as a lawyer and jurist by presenting him with a lifetime achievement award. Dr. Pellerano has been a Member of the Board of Directors of this institution, from 2005 to date, and is Founding Partner of
Dr. Juan Manuel Pellerano Receives Achievement Award from FINJUS
Fundación Institucionalidad y Justicia, Inc. (FINJUS) recognized the merits of Dr. Juan Manuel Pellerano as a lawyer and jurist by presenting him with a lifetime achievement award. Dr. Pellerano has been a Member of the Board of Directors of this institution, from 2005 to date, and is Founding Partner of
Pellerano & Herrera receives the “Private Equity Deal of the Year Award” from the IFLR
Pellerano & Herrera received the Private Equity of the Year Award from the International Financial Law Review (“IFLR”) for its work on the acquisition of the Dominican Republic’s airports. It is the first time that the prestigious British publication has given this award to a law firm in the Dominican
Chambers and Partners Global 2009 recognizes Pellerano & Herrera
Chambers and Partners, world leaders in client- led intelligence on the legal position, have recognized Pellerano & Herrera once again as the market leader in the Dominican Republic. “Celebrating its 55th anniversary, Pellerano & Herrera remains a market leader. The largest team in the country, it possesses “ample personnel covering
Simplified Tax procedure in the Dominican Republic
The Dominican State issued, on November 24 2008, Presidential Decree No. 758-08, which implemented a Simplified Tax Procedure (STP) for Reporting and Paying Income Tax and Value Added Tax (ITBIS), to help small local taxpayers, lacking an organized accounting system, to comply with their tax obligations. This procedure is intended to
Barrick Gold to invest more than US$3B in Dominican mine
Santo Domingo. -Barrick Gold Corporation yesterday announced it will invest more than US$3 billions in several mining projects in the country, due to its confidence and stability they said exists in Dominican Republic. A delegation of Barrick Gold headed by its CEO Aaron W. Regent visited president Leonel Fernandez in