Due to the Jet Set tragedy | Pellerano & Herrera launches legal guidance initiative to support orphaned children
Santo Domingo, Dominican Republic. – In response to the profound human and social impact caused by the collapse of the Jet Set nightclub, the law firm Pellerano & Herrera has launched a legal guidance program aimed at families, guardians, and relatives of children and adolescents who have been left orphaned
Pellerano & Herrera achieves a notable seizure under Law 45-20 on Movable Collateral
The legal action involved the seizure of five buses secured through a contract. Santo Domingo, DR – The law firm Pellerano & Herrera has obtained one of the most notable seizures under Law No. 45-20 on on Movable Collateral, reaffirming its leadership in the implementation of new regulations in the country. Law
Legal process for issuing securities in the Dominican Republic: requirements and stages
The Stock Market represents an attractive alternative for companies to access financing at a lower cost and diversify their sources of capital, all within a regulated and transparent environment. In the Dominican Republic, the stock market is regulated by the Superintendence of Securities Markets (SIMV), under Law No. 249-17 on the
Pellerano & Herrera is recognized as the best law firm of the year in the Dominican Republic
New York, USA / Santo Domingo, DR – The law firm Pellerano & Herrera was awarded "National Law Firm of the Year in the Dominican Republic" at the 26th edition of the IFLR Americas Awards 2025, held in New York City. Presented by the renowned publication International Financial Law Review (IFLR),
Income tax withholding (ISR) in the Dominican Republic: employees and suppliers
The Income Tax (ISR) is one of the main taxes levied on income earned by individuals and legal entities in the Dominican Republic. This tax can be withheld by certain payers—known as withholding agents—when making payments to third parties. Its purpose is to collect taxes in advance on behalf of
Value-Added Tax (ITBIS) in the Dominican Republic: exemptions and reduced rates
The Tax on the Transfer of Industrialized Goods and Services (ITBIS) is a key levy in the Dominican Republic’s tax system, with a general rate of 18%, applied to the transfer and importation of goods and the provision of services. However, there are specific goods and services that are exempt