Companies and Corporations
10
Jan
What are the best types of business organizations to establish in the Dominican Republic? is a question that foreign nationals and Dominican citizens usually ask us, with intent to: Investing in the Dominican Republic. Establishing a business in the Dominican Republic. Establishing a branch or subsidiary of a foreign company in the Dominican Republic. Among others. Some of the […]
06
Dec
How good are the Business opportunities in the Dominican Republic? The profitability of investment in the Dominican Republic is one of the most discussed topics among foreign nationals wishing to invest in the strongest economy in Latin America. This is especially true for Venezuelan citizens, due to the volatile situation in their country. Venezuelans are […]
19
Nov
A Sanitary Registration is the document that authorizes individuals and a legal persons to import, manufacture or package products intended for human consumption. In the Dominican Republic, the office responsible for granting and supervising Sanitary Permits and Registrations is the Ministry of Public Health. All the requirements needed to submit applications with the General Directorate of Medicines, Food and […]
13
Nov
We titled the article Trademark Classification in the Dominican Republic, explicitly to establish that the Classification of Marks is not based on countries, it is based on international classification. Registrations are made based on the “Nice Classification”, which is an international agreement. Currently, 83 States are party to the Nice Agreement. This classification is also […]
13
Nov
The institution responsible for the Registration of Trademarks in the Dominican Republic, is the National Office of Industrial Property (known in Spanish as ONAPI). This office manages everything related to the concession, maintenance and validity of the different types of Industrial Property (Patents for Invention, Utility Models, Registration of Industrial Designs and Distinctive Signs). The trademarks can be: […]
13
Nov
Requirements to establish a subsidiary or branch of a foreign company in the Dominican Republic.
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In this article, we will delineate the requirements and steps needed to establish a subsidiary in the Dominican Republic. Our laws allow businesses, companies and corporations created abroad to be established in the Dominican Republic. When a subsidiary or branch of a foreign entity is established, it is recognized in the Dominican Republic under the same: Business purpose. Trade […]
13
Nov
Knowing the process that must be followed to liquidate a company is a very relevant topic today. Once it is determined that a company will no longer have operational life, the most appropriate course of action is to dissolve and liquidate it through the corresponding institutions, which are: The corresponding Chamber of Commerce in the Dominican Republic. The Department of […]
11
Nov
Mergers and excisions are business restructuring processes. Mergers are total, but excisions can be partial or total. In this constant emergence of opportunities and growth for companies, businesses and corporations in the Dominican Republic, merging and acquiring business entities is a sought-after process in the corporate and commercial market in the Dominican Republic. Therefore, this piece will refer to how to carry out […]
11
Nov
What are tax crimes? What are their consequences? In this article we will learn a little more about tax crimes, common types of tax crimes, the penalties they can cause and when you should seek advice from a tax lawyer. With the enactment and implementation of Law 155-17, Against Money Laundering and Financing of Terrorism in the Dominican Republic, Fiscal […]
10
Nov
Restructuring of corporations, companies and individual entities in the Dominican Republic.
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Due to the growth in recent years of various commercial sectors in the Dominican Republic, it has become mandatory to create tools in order to ensure they remain in service and prevent bankruptcy. By contrast, business organizations and merchants may continue their commercial activity, which contributes to the national economy. As a result of this need, Law […]