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Effective methods of business dispute resolution

Effective methods of resolving business disputes and the crucial role of experienced legal counsel

Business conflict management is an essential part of any business, as disagreements and disputes can arise in a variety of situations. These differences can range from breaches of contract and intellectual property disputes to divergent interpretations of commercial agreements. To address these situations effectively, alternative dispute resolution methods, such as mediation and arbitration, are available. In addition, the presence of experienced legal counsel is critical to achieving amicable and efficient solutions, maintaining strong business relationships and minimizing the costs associated with protracted litigation. Continue reading “Effective methods of business dispute resolution”

Entidades financieras con capital extranjero en la República Dominicana

Financial entities with foreign capital in the Dominican Republic.

Financial entities with foreign capital in the Dominican Republic.

In the Dominican Republic there are currently (as of 7/02/22) 48 financial intermediation entities, regularized in accordance with the guidelines of the Monetary Board of the Dominican Republic, of which 11 of these have a significant or total foreign shareholding.
Continue reading “Financial entities with foreign capital in the Dominican Republic.”

Sworn Declaration of patrimony from Public Officials

Sworn Declaration of patrimony from Public Officials

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”

Commercial Arbitration in the Dominican Republic

Commercial Arbitration in the Dominican Republic

ABOUT COMMERCIAL ARBITRATION

Commercial Arbitration is a procedure by which a dispute or controversy between two or more parties is known and submitted to the decision of a body constituted outside the ordinary courts.

Arbitration, as an alternative to dispute resolution, “constitutes a real alternative to prevent and adequately, quickly and definitively solve conflicts that arise in national and international trade transactions,” indicates Law 479-08 on commercial arbitration. Continue reading “Commercial Arbitration in the Dominican Republic”

REGISTRATION OF FOREIGN COMPANIES TO BECOME SUPPLIERS OF THE DOMINICAN GOVERNMENT | REGISTRO DE SOCIEDADES JURÍDICAS EXTRANJERAS PARA SER PROVEEDORES DEL ESTADO DOMINICANO

REGISTRATION OF FOREIGN COMPANIES TO BECOME SUPPLIERS OF THE DOMINICAN GOVERNMENT

REGISTRATION OF FOREIGN COMPANIES TO BECOME SUPPLIERS OF THE DOMINICAN GOVERNMENT

 

The sale of products and services to the Dominican Government to meet their industrial needs and specialized services, is an opportunity to access a large volume market, available not only for national physical and legal entities, but also for foreigners, being this a practice ruled by the principle of equality and free competition, which demands to respect the participation of all possible bidders. Continue reading “REGISTRATION OF FOREIGN COMPANIES TO BECOME SUPPLIERS OF THE DOMINICAN GOVERNMENT”

TAX INCENTIVES TO RENEWABLE ENERGIES IN THE DOMINICAN REPUBLIC - INCENTIVO A LAS ENERGÍAS RENOVABLES EN LA REPÚBLICA DOMINICANA - Santana Ripoll

TAX INCENTIVES TO RENEWABLE ENERGIES IN THE DOMINICAN REPUBLIC

TAX INCENTIVES TO RENEWABLE ENERGIES

Through Law No. 57-07, the Dominican Republic consolidates its efforts to increase its unconventional energy diversity, with the main objectives of reducing dependence on imported fossil fuels, stimulate private investment projects, developed from renewable sources of energy, and essentially, reduce the negative environmental impact caused by energy operations with fossil fuels. Continue reading “TAX INCENTIVES TO RENEWABLE ENERGIES IN THE DOMINICAN REPUBLIC”

REGISTRATION PROCESS FOR A FOREIGN COMPANY IN THE DOMINICAN REPUBLIC - PROCESO DE REGISTRO DE SOCIEDAD EXTRANJERA EN LA REPÚBLICA DOMINICANA

REGISTRATION PROCESS FOR A FOREIGN COMPANY IN THE DOMINICAN REPUBLIC

REGISTRATION PROCESS FOR A FOREIGN COMPANY

The Dominican Republic, through the General Law of Commercial Companies, No. 479-08, grants foreign companies the opportunity to regularly perform trade acts in the country, or establish a branch office or permanent establishment in the national territory. Continue reading “REGISTRATION PROCESS FOR A FOREIGN COMPANY IN THE DOMINICAN REPUBLIC”