Tax Reform Law 253-12
I. INCOME TAX Any legal entity or individual residing in the Dominican Republic as well as undivided estates located in the country, are subject to the payment of taxes over their income from Dominican sources and from sources outside the Dominican Republic deriving from investments and financial gains. Individuals residing or domiciled
US$100 million bond issuance by Grupo Popular to Meliá Group
Pellerano & Herrera counselled Grupo Popular in a US$100 million corporate bond issuance of Desarrollos Sol, local subsidiary of renowned hotel group, Meliá Group in the local stock market. The funds of such issuance, which was approved on March 3, 2015, by the National Securities Counsel of the Dominican Republic,
Invention Patents in the Dominican Republic
Patents are defined as the exclusive right granted by the State to a person or company over an invention for a specific period of time. According to the World Intellectual Property Organization (WIPO), a patent gives its holder the authority to decide whether a third party may use the invention,
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
Pellerano & Herrera Amongst the 50 best companies to work for in DR
Santo Domingo, July 2013. Pellerano & Herrera has been selected as one of the 50 best companies to work for in the Dominican Republic, according to Mercado magazine’s annual ranking on the best working environments in the country, published in the June-July 2013 edition. Pellerano & Herrera is the
Pellerano & Herrera co-sponsored the Dominican Association of Journalists’ annual school party
Santo Domingo, July 26th, 2013. As a continuation to the firm’s social responsibility initiatives in favor of education in the Dominican Republic, Pellerano & Herrera co-sponsored the Dominican Association of Journalists’ (ADCS) annual party hosted to recognize and reward the children of journalists for their exemplary academic performance during the
Pellerano & Herrera donates IT equipment to the Specialized Port Security Corps (CESP)
Santo Domingo As part of the firm’s corporate social responsibility program, Pellerano & Herrera made a formal donation of IT equipment to the Specialized Port Security Corps (CESP) on June 6th, 2013. CESP is the organization that provides assistance to the Dominican Port Authority (APORTDOM) in the defense and protection
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