Etiqueta: Article
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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 for attracting foreign direct…
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What Changed in the Dominican Constitution?
The Dominican Republic has introduced several significant constitutional reforms. Here is what you need to know.
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Proposal for the Reform of the Labor Code pt.1
[vc_row][vc_column][vc_separator color="green"][vc_column_text] SOME UPDATES PATERNITY LEAVE Paternity leave is increased from 2 to 4 days. DISCRIMINATION "Sex" is replaced by "gender" as a reason for non-discrimination. OVERTIME HOURS The limit for quarterly overtime hours is increased from 80 to 120 hours. PROHIBITION FOR WORKERS A prohibition is added for workers regarding…
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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 in the Code must be…
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Ecotourism and Sustainability: A Unique Experience in the Dominican Republic for Green Investors and Tourists
The Dominican Republic has become a leading example of tourism recovery in the region. In 2023, the country achieved a historic milestone by welcoming 10 million tourists, and it is on track to reach 11 million visitors in 2024. This success is driven by: Public Policies: Initiatives by the Ministry of Tourism (MITUR) and other…
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Getting The Deal Through – Dominican Republic: The Legal Landscape
[vc_row][vc_column][vc_column_text] Country overview 1. Give an overview of the country’s economy, its structure and main characteristics, and prevailing government economic policy, particularly as regards foreign investment. The Dominican Republic offers multiple business and investment opportunities as a result of its unique geographical location, current legal framework, economic stability and infrastructure. Its location, in the centre…
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The Open Skies Agreement with the United States: A New Horizon for Dominican Aviation
Among the most impactful recent developments, the new “Open Skies Agreement” (hereinafter referred to as "the Agreement") signed by the governments of the Dominican Republic and the United States on August 2, 2024, stands out. This innovative accord emphasizes the need to facilitate greater aviation services between the two signatory nations and to strengthen air…
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Safe Real Estate Investments in the Dominican Republic
The Dominican Republic has established itself as a prime destination for real estate investment, thanks to its economic stability and a thriving tourism sector. This dynamic growth has attracted the attention of foreign investors seeking to diversify their portfolios. However, as with any investment, it is essential to take certain precautions to ensure that investments…
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LatAm Fintech Regulatory Framework (PDF)
[vc_row][vc_column][vc_column_text]Read PDF version[/vc_column_text][/vc_column][/vc_row]