Reform No. 15, 2024, Commercial Companies Act Register of Beneficial Owners – British Virgin Islands (BVI)
Starting from January 2, 2025, in order to ensure transparency, all commercial companies incorporated in the British Virgin Islands (BVI) will be required to submit information regarding their beneficial owners to the Corporate Affairs Registry of the BVI Financial Services Commission. Deadlines: Existing companies: Must fulfill the obligation between January 2,
Dominican Free Zones: Advantages of Their Operations Under Law No. 8-90
The Dominican Republic has developed a solid legal and economic infrastructure to support free zones, which represent a cornerstone of economic growth and job creation in the country. Regulated primarily by Law No. 8-90 on the Promotion of Export Free Zones, these areas have proven to be an effective tool
Agreement to Accelerate Patents in the Dominican Republic
In April of this year, the United States Patent and Trademark Office (USPTO) and the National Office of Industrial Property (ONAPI) signed an agreement that will reduce the time it takes to obtain patents in the Dominican Republic through the Accelerated Patent Grant (APG) program. With the new Accelerated Patent Grant
Pellerano & Herrera and Fundación Madre y Maestra Promote Academic Excellence in the Dominican Republic
Santo Domingo, DR. – Ricardo Antonio Pellerano, Managing Partner of the law firm Pellerano & Herrera, and Dr. Mercedes Carmen Capellán, President of Fundación Madre y Maestra, signed an agreement aimed at strengthening higher education in the Dominican Republic. This partnership, within the framework of the philanthropic trust called "Guardians
What Changed in the Dominican Constitution?
The Dominican Republic has introduced several significant constitutional reforms. Here is what you need to know.
Requirement for Registration of the Tax Compliance Officer
Under Law No. 25-24, which amends Article 11 of the Dominican Tax Code and introduces significant reforms concerning joint liability in corporate tax obligations, the General Directorate of Internal Taxes (DGII) issued a notice on October 25, 2024. This notice mandates the registration of the individual who will serve as
Quick Guide Tips to Consider When Terminating an Employment Contract
In our labor framework, there are several ways to terminate an indefinite-term employment contract, one of which is "desahucio" (unilateral termination), which can be executed by either the employee or the employer in the exercise of the right granted by the Labor Code. For validity, certain restrictions and requirements outlined
Pellerano & Herrera Recognized as a Leading Firm in The Legal 500 Latin America 2025
SANTO DOMINGO - November 12,2024. The law firm Pellerano & Herrera proudly announces its inclusion in the prestigious The Legal 500 Latin America 2025 list, having been named Leading Firm. This distinction highlights the talent and commitment of its professionals, strengthening its authority in key legal areas across the region. The