Read the PDF: Law No. 122-05 on regulation and promotion of non-profit organization in the Dominican Republic   Law No. 122-05 on regulation and promotion of Non-Profit Organization   TABLE OF CONTENTS I. Introduction II. Background III. Characteristics IV. Classification V. Incorporation Registry VI. Bylaws VII. Publicity Requirements VIII. Foreign Nonprofit Organizations IX. Qualification X. National Center for Development and Promotion of Nonprofit Organizations XI.

Read the PDF: General Law on Companies and Individual Enterprises with Limited Liability   General Law on Companies and Individual Enterprises with Limited Liability   ONTENTS GENERAL ASPECTS RELATING TO BUSINESS ENTITIES

Read the PDF: Purchase of Real Estate in the Dominican Republic Purchase of Real Estate in the Dominican Republic REAL ESTATE TRANSFERS In order to carry out real estate transactions in the Dominican Republic, applicable documents must be registered; such is the case when a transfer is made, or when entering any rights over

General information for the incorporation of Dominican companies   General information for the incorporation of Dominican companies   A) GENERAL CONCEPTS   1.-The term "Company" or "Society" as it is also called by Dominican laws, refers to a group of individuals where each contribute something for a common objective. They participate in the earnings and suffer

Read the PDF: Procedural Penal Code of the Dominican Republic PROCEDURAL PENAL CODE OF THE DOMINICAN REPUBLIC   1.- Introduction On 27 September of the year 2004 the new Procedural Penal Code of the Dominican Republic went into effect established in accordance with Law No. 76-02 dated 19 July 2002. This procedural legislation substitutes the ankylosed

Read the PDF: Law on Dominican Social Security System Law on Dominican Social Security System A. INTRODUCTION B. GENERAL PRINCIPLES 1. Purpose of the Law; Rules and Principles Regulating the Social Security System: The purpose of the new Social Security Law is to organize a Dominican Social Security Scheme (“DSSS” hereinafter) within the framework of

Read the PDF: Monetary and Financial law   Monetary and Financial Law This law creates a regulatory system, which adapts to the international trends of market liberalization and globalization. It unifies numerous laws and regulations and introduces needed changes to the financial sector.   TABLE OF CONTENTS   SECTION I: General Concepts SECTION II: Monetary and Financial Administration SECTION

Read the PDF Law on the promotion of tourist development   Law on the promotion of tourist development for new or low development locations in provinces and districts with great tourist potential, and for the creation of the tourist promotion official fund BACKGROUND The Dominican Republic is the main tourist attraction of the Caribbean. Its geographic