Deadline Extension for the Transformation and Adecuation of Dominican Companies
Law 73-10 regarding the deadline extension for Dominican company transformations and adecuations has recently been approved. This law was approved in reference to Law No.479-08 on Companies and Individual Enterprises with Limited Liability in the Dominican Republic, promulgated on December 11, 2008 announcing the new regulations and requirements for newly
Rights and Obligations for pregnant employees
As we have mentioned in a previous article, Labor Rights and Obligations for both Dominican and Foreign Employees, Dominican labor laws are applicable for both Dominican and foreign employees, in addition to pregnant women who are not the exception and whose rights and obligations will be discussed herein. Dominican labor laws
Labor rights and obligations for both Dominican and foreign employees
Quite commonly, foreigners working in the Dominican Republic are unaware of their rights and obligations, those which are established in the Dominican Labor Code and are applicable to both Dominicans and foreigners, including those who are laboring in the country without the required legal permit. Rights So does this mean that foreigners
Law for Promoting the Film Industry of the Dominican Republic (No. 108-10)
Read the PDF: Law for Promoting the Film Industry of the Dominican Republic (No. 108-10) Law for Promoting the Film Industry of the Dominican Republic (No. 108-10) September 2010 INTRODUCTION TABLE OF CONTENT With the aim of stimulating the development, production, dissemination and preservation of Dominican films, as a mean of communication and cultural
Inheriting Assets in the Dominican Republic
If a foreigner or Dominican citizen living abroad suffers the loss of a relative who lived in the Dominican Republic and left assets behind such as real estate, bank accounts, among others, many emotional and legal concerns will arise. What will happen with the assets left behind by my relative?
Tax exemption for second mortgages in Dominican Republic
Owning real estate, either a house, an apartment, a commercial location or a piece a land, rather than leasing properties, has become more popular in the Dominican Republic. However, not everyone has the liquidity to buy a property upfront for which they must explore the possibility of requesting a loan.
Applicable taxes for foreigners and companies residing and operating in the Dominican Republic
Like any individual residing abroad for the first time, foreigners who reside in the Dominican Republic question whether the payment of taxes is mandatory or not, taking into account they are paying taxes at the same time in their country of origin. The truth is, most of the times, this
Advice for purchasing a real estate in Dominican Republic
What legal precautions must be taken when buying a real estate property in the Dominican Republic? This question arises when we buy a house, apartment, commercial property or a piece of land to build a home or business. With so many frauds and illegal transactions that occur today when buying
Buying a Vehicle in the Dominican Republic
Acquiring or selling a new or used vehicle, regardless of its model or brand, is a quite common and simple process to carry out in the Dominican Republic, for both Dominican citizens and foreigners residing in the country. The process of formalizing the sale of the vehicle differs when the
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