Category: Law Firms

El Senado aprueba el Teletrabajo como Modalidad en la República Dominicana |

The Senate approves Telework

Posted by Virgilio Santana Ripoll on

The Senate approves the Telework as a Modality in the Dominican Republic

The Senate of the Dominican Republic has taken an important step by approving in second reading the Bill that amends Law 16-92 and approves the Labor Code to include Telework as a Work Modality in the country. This initiative, presented by senators Santiago José Zorrilla and Aris Yván Lorenzo, seeks to promote the inclusion of the productive sectors in the digital economy and the use of technological communication tools. Continue reading “The Senate approves Telework” →

Sworn Declaration of patrimony from Public Officials

Sworn Declaration of patrimony from Public Officials

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Sworn Declaration of patrimony from Public Officials

The sworn declaration of patrimony assets has its first foundation in article 146.3 of the Dominican Constitution, which establishes it as mandatory for “public officials (…) before and after having completed their functions or at the request of the competent authority.” Continue reading “Sworn Declaration of patrimony from Public Officials” →

Organizing your Business

Organizing your Business in Dominican Republic

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Organizing your Business in Dominican Republic

Foreign companies and/or individuals may conduct business in the Dominican Republic by setting up a Dominican Corporation.

Any company duly organized and existing in accordance with the laws of its country of origin can set up a branch in the Dominican Republic by registering at the Business Registry and obtaining a tax number from the Internal Revenue Agency. Additional approvals may be required in certain regulated industries.

Registration requires that (a) all incorporation documents of the foreign company be translated into Spanish and authenticated, (b) corporate minutes establishing a registered office in the Dominican Republic and naming a local representative, and (c) particulars of the local representative and the company’s shareholders.

Registration is not necessary if the activity of the foreign company is limited to acquiring equity in a local business entity or to occasional transactions in the Dominican Republic. Continue reading “Organizing your Business in Dominican Republic” →