Expected Changes to Dominican Republic’s Labor Law Likely to Rebalance Employer-Employee Relationship
Read the PDF Expected Changes to Dominican Republic’s Labor Law Likely to Rebalance Employer-Employee Relationship The Metropolitan Corporate Counsel® National Edition www.metrocorpcounsel.com Volume 22, No. 9 © 2014 The Metropolitan Corporate Counsel, Inc. September 2014 Luis R. Pellerano, a partner in the Dominican Republic law firm of Pellerano & Herrera (www.phlaw.com), leads the firm’s foreign
Business Opportunities Abound Under Dominican-Central America-U.S. Free Trade Agreement
Read the PDF Business Opportunities Abound Under Dominican-Central America-U.S. Free Trade Agreement The Metropolitan Corporate Counsel National Edition www.metrocorpcounsel.com Volume 22, No. 7 © 2014 The Metropolitan Corporate Counsel, Inc. July/August 2014 Business Opportunities Abound Under DominicanCentral America-U.S. Free Trade Agreement Almost exactly a decade ago, on August 5, 2004, the United States signed the Dominican Republic-Central America-United
Project Finance 2014 – Dominican Republic
General 1 How common is project finance in your jurisdiction? In what sectors is project financing most common? Project finance is becoming increasingly common in our jurisdiction. Borrowers have realised that, in addition to the funds, the proper development of a project sometimes requires the expertise and supervision of a strategic ally that
Financial Inclusion for Children and Youth Survey
Country-level Regulatory and Policy overview Child & Youth Finance International 1. Does your country have a specific policy or law regulating the access to financial products for children and youth? No.There is no specific policy or law, as pursuant to the provisions of Article 389 of the Civil Code the father is responsible
Mergers, acquisitions and investment flourish in a welcoming environment
Introduction Foreign investment in the Dominican Republic is continuing to expand and the number of corporate transactions, including mergers and acquisitions, is steadily increasing. Business combinations in which one entity gains control of, or a controlling interest in, another occur frequently. The preferred option for managing a business combination is through a merger or
Securitizations Simplified In The Dominican Republic
Over the past decade or so, the Dominican Republic, a member of the International Organization of Securities Commissions (“IOSCO”) and one of the countries that subscribes to the Organization for Economic Cooperation and Development (“OECD”) Principles of Corporate Governance, has taken numerous steps to modernize its banking and financial systems, from updating
New law facilitates development of mortgage market
Introduction The Dominican Republic recently enacted a law that is helping the country's mortgage market to develop while providing significant opportunities for investors, as well as a boost for the country's efforts to expand its housing stock. The new law defines a number of key terms, including 'trust', 'settlor', 'trustee' and 'beneficiary'.
Dominican Republic Law Provides Significant Incentives to Film Industry
Almost 40 years ago, director Francis Ford Coppola went to the Dominican Republic to film the memorable Cuba scenes for The Godfather: Part II. As hospitable as the country was to the director, his crew and the actors at that time, things have gotten even better. The film industry in the
Real Estate Guide 2011
1 Real Estate Law 1.1 Please briefly describe the main laws that govern real estate in the Dominican Republic. Laws relating to leases of business premises should be listed in response to question 10.1. Those relating to zoning and environmental should be listed in response to question 11.1. The main governing legal
Benefits granted by the Dominican Social Security System
The Dominican Social Security System is regulated by Law 87-01, dated May 9, 2001 and by its corresponding regulations for application. The purpose of granting such law was to create the Dominican Social Security System (SDSS for its Spanish acronym) and to protect and provide benefits to all citizens regarding their